SecurityWorldMarket

06/10/2011

Avigilon all set to go public

Vancouver, Canada

Avigilon Corporation has filed a preliminary prospectus in each of the provinces of Canada in connection with a proposed initial public offering (the "Offering") of its common shares.
The Offering will be underwritten by a syndicate of underwriters led by Raymond James Ltd. and including BMO Nesbitt Burns Inc. and GMP Securities L.P. Pricing of the Offering will be determined in the context of the market prior to the filing of a (final) prospectus in respect of the Offering.

A copy of the preliminary prospectus has been filed on SEDAR and is available for review at the Sedar web site. The preliminary prospectus is subject to completion or amendment. There will not be any sale or acceptance of an offer to buy the common shares until a receipt for the (final) prospectus relating to the Offering has been issued. Completion of the Offering is subject to and conditional upon the receipt of all necessary approvals, including regulatory approvals.

Avigilon is a leader in the design, manufacturing and marketing of high definition, network-based video surveillance systems and equipment for the global security market. The Avigilon surveillance system has been designed to provide high quality video capture, transmission, recording and playback. The components of the Avigilon system include cameras, recording hardware and software which may be sold separately or in combination to provide customers with a customisable end-to-end video surveillance solution.


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