21:34:30 EDT Mon 29 Jun 2026
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Avante Corp
Symbol XX
Shares Issued 26,648,739
Close 2026-06-29 C$ 1.56
Market Cap C$ 41,572,033
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Avante to install surveillance towers for Target Park

2026-06-29 17:29 ET - News Release

Mr. Emmanuel Mounouchos reports

AVANTE ANNOUNCES AGREEMENT WITH TARGET PARK TO DEPLOY MAST UNITS IN ABOVE-GROUND PARKING FACILITIES ACROSS CANADA AND THE UNITED STATE

Target Park Group Inc., a commercial parking operator dedicated to identifying and revitalizing underutilized parking facilities across Canada and the United States, has selected Avante's mobile automated surveillance tower (MAST) platform to deliver mobile, intelligent, real-time security across its above-ground parking portfolio.

MAST is Avante's next-generation mobile security and surveillance tower, designed for remote and high-risk environments where fixed infrastructure is impractical or insufficient. Powered by solar energy with generator backup and operating on cellular connectivity, MAST requires no local power or network connections and integrates Avante's HALO technology to provide autonomous surveillance and real-time threat detection.

Under the terms of the agreement, Avante will deploy MAST units across select Target Park's above-ground lots in Canada and the United States, providing 24-hour-per-day/seven-day-a-week surveillance. MAST's AI-powered (artificial intelligence) surveillance capabilities with human-verified monitoring through Avante's control centre, will provide Target Park pro-active threat detection and rapid incident response across its facilities. Target Park has over 700 parking locations across Canada and the United States.

Emmanuel Mounouchos, founder, chief executive officer and board chair of Avante, commented: "This agreement with Target Park reflects exactly the kind of partnership MAST was built for. We are not simply providing security; we are laying the groundwork for a smarter, technology-enabled operation. The ability to begin with a security mandate and evolve into automated parking services is a compelling demonstration of MAST's scalability and the recurring value it can deliver to operators like Target Park."

Chris Sakkas, chief operating officer of Target Park, commented: "Partnering with Avante and deploying MAST across our portfolio allows us to immediately elevate safety and security across our parking facilities while setting the stage for future innovation. Today, MAST provides us with a reliable, intelligent security layer that helps protect our assets and customers in real time. Looking ahead, we see significant opportunity to leverage the same platform to enhance operational efficiency through automated parking capabilities, making our facilities smarter, more accessible and more valuable over time."

The engagement is structured with a forward-looking technology road map. In the initial phase, MAST will serve as the primary security layer across Target Park locations across Canada, addressing the safety challenges inherent to open-air parking environments. As the deployment matures, MAST's HALO infrastructure will be leveraged to enable automated parking services, including vehicle identification, real-time lot monitoring and streamlined customer access, allowing Target Park to extract additional operational value from the same platform without incremental hardware investment.

About Avante Corp.

Avante 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 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.

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