Avante Provides Update on Halo; its AI Powered Video Analytics Security System Protecting Neighborhoods across Greater Toronto
November 19 2024 - 5:01PM
Avante Corp Inc. (TSX.V: XX) (OTC: ALXXF)
(“
Avante” or the “
Company”), a
global provider of technology enabled security solutions and
services, is pleased to announce the successful deployment of its
AI powered, revolutionary neighborhood security system, Halo, which
has now achieved over 160 installed locations across the Greater
Toronto Area. Designed to redefine residential and commercial
security, Halo is an on-premise edge device that utilizes AI video
analytics to create an advanced surveillance system that offers
unparalleled protection for homes and businesses.
The first version of Halo, launched in the
summer of 2024, integrates AI-driven detection capabilities which
set it apart from any other system on the market. Powered by
proprietary technology, Halo detects full-body silhouettes as well
as individual limbs and body parts, delivering more precise and
immediate alerts when trespassers are identified. When an intruder
is identified, Halo sends an instant alert to Avante’s Command
Center (ACC), activating a mobile response team while
simultaneously notifying the trespasser that authorities are
enroute.
Emmanuel Mounouchos, Chief Executive Officer of
Avante commented “We are very pleased with the success we are
having with Halo in the Greater Toronto Area as part of our ongoing
mission to provide superior security solutions to our customers.
This device represents a new era in neighborhood security, and we
believe it will significantly enhance the safety for our clients.
Our commitment to innovation is unwavering. The upcoming features
of Halo will further strengthen its capabilities, making it the
most robust, AI-driven security system on the market.”
Key Features of Halo include:
- Instant Detection:
Identifies trespassers in real time, with 2-way voice capabilities
and facial identification.
- Automated
Response: Immediate notification and dispatch of response
teams when a security breach occurs.
- Law Enforcement
Collaboration: Enables communication and support to local
police, assisting with on-site arrests.
- Seamless
integration: Halo seamlessly integrates with most existing
camera systems, transforming your current setup into a smart
solution powered by Halo's advanced AI capabilities.
- Halo Plus: detects
guns, knives and fights focused more on the commercial and public
sector
The Halo system is continuously evolving.
Looking forward, Avante has plans to introduce Halo-Track, an
advanced feature that allows the Avante Control Centre to activate
all Halo devices in an area, track intruders in real time, and
assist law enforcement in pinpointing the suspect’s location.
With the introduction of Halo, Avante continues
to set the standard for next-generation security solutions,
offering its clients peace of mind with the most advanced
protection available today.
About Avante Corp.
Avante Corp Inc. is a Toronto based leading
provider of security operatives and technology enabled security
solutions to residential and commercial clients. Avante’s mission
is to deliver an elevated level of security globally, with
white-glove mentality to high- net-worth families and corporations
alike, through tech-enabled advanced solutions and methods of
detecting conditions that require immediate response. The Company
has developed a diversified security platform that leverages
advanced technology solutions to provide a superior level of
security services. With an experienced team and proven track record
of solid growth, Avante is taking steps to establish a broad
portfolio of security businesses and solutions for its customers
through organic growth complemented by strategic acquisitions.
Avante acquires, manages and builds industry leading businesses
which provide specialized, mission-critical solutions that address
the security risks of its clients. Avante is listed on the TSX
Venture Exchange under the ticker “XX”. For more
information, please visit www.avantecorp.ca and consider joining
our investor email list.
Forward-Looking
Statements
This news release may contain “Forward-Looking
Information” within the meaning of applicable Canadian securities
laws. Forward-Looking Information are necessarily based upon a
number of estimates and assumptions that, while considered
reasonable by management, are inherently subject to significant
business, economic and competitive uncertainties, and
contingencies. Forward-Looking Information generally can be
identified by the use of forward-looking words such as “may”,
“should”, “will”, “could”, “intend”, “estimate”, “plan”,
“anticipate”, “expect”, “believe” or “continue”, or the negative
thereof or similar variations. Forward-Looking Information involve
known and unknown risks, uncertainties and other factors that may
cause future results, performance, or achievements to be materially
different from the estimated future results, performance or
achievements expressed or implied by the Forward-Looking
Information and the Forward-Looking Information are not guarantees
of future performance. Avante’s comments expressed or implied by
such Forward-Looking Information are subject to a number of risks,
uncertainties, and conditions, many of which are outside of
Avante‘s control, and undue reliance should not be placed on such
information. Forward-Looking Information are qualified in their
entirety by inherent risks and uncertainties, including: direct and
indirect material adverse effects from adverse market conditions;
that future results may vary from historical results; that market
competition may affect the business, results and financial
condition of Avante and other risk factors identified in documents
filed by Avante under its profile at www.sedarplus.ca, including
its most recent Annual Information Form and its most recent
Management, Discussion and Analysis. Except as required by
securities law, Avante does not assume any obligation to update or
revise any forward-looking information, whether as a result of new
information, events or otherwise.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
For further information:
Emmanuel MounouchosCEO, Chairman, and
FounderAvante Corp.(416) 923-6984manny@avantesecurity.com
Pardeep SanghaInvestor
Relations604-572-6392pardeep@angadcapital.com
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