XX Avante Corp

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES 


Avante Logixx Inc. (TSXV:XX) ("XX" or "the Company") is pleased to announce that
it has closed the bought deal private placement announced on February 25, 2014.
The Company has issued 15,625,000 common shares (the "Shares") at a purchase
price of $0.32 per Share (the "Offering Price"), for gross proceeds to the
Company of $5,000,000 (the "Offering"). 


The Offering was co-led by Cormark Securities Inc. and Mackie Research Capital
Corp. (collectively, the "Underwriters"). In connection with the Offering, the
Underwriters received a cash commission on the sale of the Shares equal to 6.0%
of the gross proceeds of the Offering plus broker warrants exercisable to
acquire that number of shares as is equal to 6.0% of the aggregate number of
common shares sold pursuant to the Offering. Each broker warrant shall entitle
the holder thereof to acquire one common share of the Company at a price equal
to the Offering Price for a period of 12 months following the close of the
Offering. The Shares issued under the Offering are subject to a hold period,
which will expire four months and one day from the date of the closing, being
July 20, 2014.


The net proceeds of the Offering will be used for potential acquisitions, sales
and marketing, and for general corporate and working capital purposes. Avante
believes there is a significant opportunity to execute strategic and accretive
acquisitions in the fragmented premium security services and monitoring markets.



These securities offered have not been registered under the United States
Securities Act of 1933, as amended, and may not be offered or sold in the United
States absent registration or an applicable exemption from registration
requirements. 


This press release shall not constitute an offer to sell or solicitation of an
offer to buy the securities in any jurisdiction. The common shares will not be
and have not been registered under the United States Securities Act of 1933 and
may not be offered or sold in the United States absent registration or
applicable exemption from the registration requirements. 


About Avante Logixx 

Avante Logixx Inc. (TSX VENTURE:XX) is a Toronto based security and technology
company. Its primary operating division, Avante Security Inc.
(www.avantesecurity.com), provides best in class security response and other
security services for residential and commercial applications as well as being
an industry leader in designing and installing complex security systems, access
control, intelligent video analytics and smart home automation. Its
International Travel Security offering helps corporations protect traveling
employees working abroad in medium/high risk jurisdictions and has executed
travel details in over 60 countries. The company continuously develops
innovative products and applications within its core competencies. Please visit
our newly updated websites at www.avantelogixx.com and www.avantesecurity.com
and consider joining our investor email list. 


FORWARD LOOKING STATEMENTS 

Certain of the statements and information in this press release constitute
"forward-looking statements" or "forward-looking information" These statements
include, but are not limited to, statements with respect to the entering into of
agreements, the closing of transactions and the use of proceeds. These
statements address future events and conditions and, as such, involve known and
unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the statements.
Such factors include, among others, the timing of transactions, the ability to
fulfill certain conditions and obtain regulatory approvals, and the ability to
raise funds and use the proceeds as anticipated. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Avante Logixx Inc.
George Rossolatos
Co-Chief Executive Officer
(416) 923-6984 x221
george@avantelogixx.com


Avante Logixx Inc.
Leland Verner
Chairman
(416) 823-7474
leland@avantelogixx.com

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