FORT LAUDERDALE, Fla., Nov. 6, 2008 (GLOBE NEWSWIRE) -- Aventura Holdings, Inc. (OTCBB:AVNT) filed a Registration Statement (Form S-1) with the Securities and Exchange Commission (SEC) today to publicly offer shares of its common stock to investors. Aventura's common stock trades on the Over-the-Counter Bulletin Board which is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter equity securities. Although these securities may not be sold until SEC declares the registration effective, Aventura is taking this step towards viability to finance commercialization and fulfillment of substantial orders.
Aventura operates through its two wholly owned subsidiaries Video Stream, Inc. and Amex Security, Inc. and is engaged in the information technology and surveillance sectors developing solutions to fulfill high-quality enterprise video surveillance needs. Aventura's scalable enterprise video surveillance solutions and intelligent software platform designs are incorporated into distributed digital video recorders, streaming servers, remote management interfaces and related peripherals.
This offering will be conducted on a best-efforts basis utilizing the efforts of Craig A. Waltzer, Aventura's Chief Executive Officer. Potential investors include, but are not limited to, family, friends and acquaintances of Mr. Waltzer and their associates. The intended methods of communication include, without limitation, telephone and personal contact. In Mr. Waltzer's endeavors to sell this offering, he will not use any mass advertising methods such as the internet or print media.
When the unfortunate attacks of September 11th occurred, security rose to the top of the agenda in every local, state and federal government agency. The Department of Homeland Security was created and Fortune 1000 organizations began designating the Chief Security Officer a "C" level position and part of management. Aventura management has hands-on experience developing and deploying enterprise video surveillance systems for U.S. government military bases, defense contractor installations, prisons, law enforcement venues, government subsidized housing projects, casinos, race tracks and cruise ships.
Additional information can be accessed by reviewing Aventura's filings at: www.sec.gov.
About Aventura Holdings, Inc.
Through our wholly owned subsidiaries, Aventura Holdings provides enterprise video streaming and surveillance products and custom infrastructure solutions. Additional information can be found on the Company's website: www.Aventura-Holdings.com
Safe Harbor
This press release may contain "forward-looking statements." Although Aventura Holdings, Inc. believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Aventura Holdings, Inc. assumes no obligation to update those statements to reflect actual results, changes in assumptions and other factors. The forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those projected. Additional information that could lead to material changes in performance is contained in filings with the Securities and Exchange Commission.