Avante Corp.

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Toronto, Ontario, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) ("Avante" or the "Company"), a global provider of technology-enabled security solutions and services, today announces changes to its board of directors (the “Board”).

Effective today, Wade Burton has resigned from the Board. To fill the vacancy created by the departure, Wendy Teramoto has been appointed as a director.

Ms. Teramoto has been a senior investment management professional with an affiliate of Fairfax Financial Holdings Limited since 2018. Ms. Teramoto was a Managing Director and a senior investment management professional, and a founding partner, at a New York-based private equity firm affiliated with Invesco Ltd. Ms. Teramoto has served as a board member for several companies in the transportation sector. Ms. Teramoto brings investment management and financial expertise to the Board. Additionally, Ms. Teramoto is an “audit committee financial expert” under New York Stock Exchange and U.S. Securities and Exchange Commission rules.

"We are grateful to Wade for his valuable contributions to the Board during his tenure. His insight and dedication have been instrumental in guiding the Company through a period of meaningful development. On behalf of the entire Board, I thank Wade for his service," said Emmanuel Mounouchos, CEO and Chairman of Avante. "At the same time, we are pleased to welcome Wendy to the Board. Wendy brings deep experience and a strong track record, and we are confident that her perspectives and expertise will be tremendous assets as we continue to execute on our strategic priorities. We look forward to working with Wendy and are confident she will make significant contributions to the Board and to the Company's continued success."

About Avante Corp.

Avante Corp. is a Toronto-based leading provider of security personnel and technology-enabled security solutions for residential and commercial clients. Avante’s mission is to deliver an elevated level of security globally, with a white-glove approach for high-net-worth families and corporations alike, through advanced solutions and methods for detecting conditions requiring immediate response. The Company has developed a diversified security platform that leverages cutting-edge technology to deliver superior security services. With an experienced team and a proven track record of solid growth, Avante is taking steps to build a broad portfolio of security businesses and solutions for its customers through organic growth complemented by strategic acquisitions. Avante acquires, manages, and develops industry-leading companies that provide specialized, mission-critical solutions to address the security risks faced by 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.

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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 
[email protected]

Pardeep Sangha 
Investor Relations 
604-572-6392 
[email protected]

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