Mr. Jung has a long and successful history with Avigilon.  He is one of the original founding shareholders of the Company and was Avigilon?s first CFO, a position he held from start-up in 2004 through to 2012, including Avigilon?s successful initial public offering in 2011.  Mr. Jung is also a member of the Company?s Board of Directors and has served continuously since 2004.

Avigilon has retained Caldwell Partners, premier providers of executive search with international reach, to assist with finding and placing Avigilon?s next CFO.

"?We are grateful that Wan has agreed to come out of retirement in the interim to ensure there is no interruption in the ongoing day-to-day financial operation of the Company and to assist with the smooth transition to the next CFO,?" said Alexander Fernandes, Avigilon?s founder, president, CEO and chairman of the board. "?Wan brings an exceptional level of professional expertise.  He and I have successfully grown businesses and worked side-by-side for more than 14 years. I am excited to be able to work with him once again,"? said Mr. Fernandes.

"?Avigilon is in a very strong position to attract high caliber CFO candidates.  With the help of Caldwell Partners I am confident we will find the right person to help take us to that next level of global growth,?" stated Mr. Fernandes.

Prior to joining Avigilon, Mr. Jung was vice president of finance for Quantitative Imaging Corporation (or ?Q-Imaging?), another successful technology company founded and led by Alexander Fernandes.  Prior to Q-Imaging, Mr. Jung served as director of finance with NIKE Canada Ltd. for 14 years, where he was instrumental in growing Nike?s revenue from $25M to over $400M per year.  Mr. Jung has also participated on the boards of 11 public companies over the past 10 years.