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AVV Alta Vista Ventures Ltd.

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Share Name Share Symbol Market Type
Alta Vista Ventures Ltd. TSXV:AVV TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Avantec Technologies Inc.: Share Distribution

15/09/2008 11:06pm

Marketwired Canada


Avantec Technologies Inc. (TSX VENTURE:AVV) (the "Company") is pleased to
announce that Raytec Metal Corp. ("Raytec") will proceed with the distribution
of shares it holds in the Company to the Raytec shareholders of record on
November 15, 2006, when the transaction was initially announced. The Raytec
shareholders approved the transaction at its 2007 Annual General Meeting and the
TSX Venture Exchange has confirmed that it has no objection to the distribution,
subject to certain escrow provisions.


Raytec currently owns 29,300,000 (approximately 55.3%) of the issued shares of
the Company. The shares held by Raytec will be distributed to the Raytec
shareholders of record on November 15, 2006. 


About Avantec Technologies Inc. (AVV) www.avantecsafe.com

Avantec(R) is a developer and manufacturer of antimicrobials for water
purification, cooling water, food surface sanitation and odor elimination using
proprietary technology and EPA registered products. Avantec(R) has established
channels of distribution with companies in North America, the European Union and
Asia.


AVANTEC TECHNOLOGIES INC.

Jerry A. Minni, Director

Forward Looking Statements

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. These statements are based on
management's current expectations and beliefs and are subject to a number of
risks and uncertainties which are described under the caption "Note Regarding
Forward-looking Statements" and "Key Information - Risk Factors" and elsewhere
in Avantec's Annual Report for the fiscal year ended June 30, 2007, as filed on
SEDAR at www.sedar.com. The risk factors identified in Avantec's Annual Report
are not intended to represent a complete list of factors that could affect
Avantec. 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.


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