Avantec Technologies Inc.-Amendment to January 30, 2009 Press Release: Completion of Raytec Metals Corp. Capital Reorganization

Avantec Technologies Inc. (the "Company" or "Avantec")(TSX VENTURE:AVV) has been
informed by Raytec Metals Corp. ("Raytec") that Raytec has completed the
delivery of 29,300,000 shares (the "Avantec Shares") it held in the Company by
way of a return of capital to all shareholders of record of Raytec as of
November 15th, 2006 (the "Eligible Shareholders"). Each Eligible Shareholder
received 2.285 Avantec Shares for each Raytec share the Eligible Shareholder
owned.


Of the 29,300,000 Avantec Shares distributed, 2,930,000 have been issued with a
legend restricting their tradability until July 23, 2009 in accordance with the
requirements imposed on the return of capital by the TSX Venture Exchange.
Computershare Investor Services Inc ("Computershare"), the registrar and
transfer agent of both Raytec and Avantec, effected the return of capital.
Computershare has mailed out certificates representing the Avantec Shares to all
registered Eligible Shareholders and for Eligible Shareholders whose shares were
held in brokerage accounts, has electronically delivered Avantec Shares to the
corresponding clearing houses for onmward deposit to brokerage accounts. Any
interested shareholders are encouraged to contact Computershare's client
services department at 1 800 564-6253 to receive further details.


As a result of this reorganization of its business, Raytec no longer has any
registered or beneficial direct or indirect ownership of any shares of Avantec,
and has ceased to be an insider and Avantec's controlling shareholder.


As a result of the return of capital referred to above, Mr. Jerry Minni acquired
14,282,185 common shares, which represent approximately 26.97% of the issued and
outstanding common shares of the Company. As a holder of over 20% of the issued
and outstanding shares of the Company, Mr. Minni is a control person of the
Company. The Company has been advised that Mr. Minni has filed a report under
National Instrument 62-103 - The Early Warning System and Related Take-Over Bid
and Insider Reporting Issues ("NI 62-103") of the Canadian Securities
Administrators in connection with the distribution and this news release
pursuant to Multilateral Instrument 62-104 - Take Over Bids and Issuer Bids (the
"62-104 News Release"). The 62-104 News Release and the report required under NI
62-103 will be filed on the System for Electronic Document Analysis and
Retrieval ("SEDAR") under the Company's profile at www.sedar.com.


On behalf of the Board,

AVANTEC TECHNOLOGIES INC.

Jerry A. Minni, Director

This release may contain forward-looking statements. Often, but not always,
forward-looking statements can be identified by the use of words such as
"expects", "plans", "estimates", "intends", "believes", "could", "might", "will"
or variations of such words and phrases. Forward-looking statements involve
known and unknown risks, uncertainties, and other factors which may cause the
actual results, performance, or achievements of Avantec to be materially
different from any future results, performance, or achievements expressed or
implied by the forward-looking statements. Accordingly, readers should not place
undue reliance on forward-looking statements. Avantec does not assume any
obligation to update the forward-looking information contained in this press
release.