Toronto, Ontario, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Avante Corp Inc. (TSX.V: XX) (OTC: ALXXF) ("Avante" or the "Company") is pleased to announce the appointment of Ted Rajanayagam as Vice President, Technology.
In this role, Mr. Rajanayagam will oversee Avante's technology strategy and operations, including innovation leadership, product and platform modernization, infrastructure, and the ongoing enhancement of technology-enabled service delivery. He will be responsible for ensuring scalable, secure systems are in place to support Avante's growing client base while advancing digital transformation across the organization.
Mr. Rajanayagam brings more than 15 years of experience leading technology-enabled operations within security, managed services, and SaaS organizations. Most recently, he served as Vice President of Customer Operations at Notified, where he led international support and service functions, executed large-scale operational improvement initiatives, and implemented new digital capabilities that increased efficiency and customer satisfaction.
Throughout his career, Mr. Rajanayagam has built and led high-performance teams, established data-driven service models, and delivered technology roadmaps that align organizational growth with exceptional customer experiences. His leadership background spans customer success technologies, AI automation, analytics platforms, and the integration of modern systems to strengthen operational resiliency.
"We are excited to welcome Ted to our executive team," said Manny Mounouchos, Founder, CEO & Board Chair of Avante. "His expertise in driving technology transformation and enabling customer-centric service delivery will strengthen our capabilities as we evolve Avante into a more innovative, agile, and digitally focused security solutions provider."
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 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 Mounouchos
CEO, Chairman, and Founder
Avante Corp.
(416) 923-6984
manny@avantesecurity.com
Pardeep Sangha
Investor Relations
604-572-6392
pardeep@angadcapital.com
