Analyst Updates Coverage On AVT As Pilot Programs Move Into Production

AVT market capitalization is expected to increase next year based on the success of the many pilot programs that are transitioning into production.
By: cnncapnews.com
 
Aug. 25, 2011 - PRLog -- CORONA, Calif., Aug. 23, 2011 /PRNewswire/ -- AVT, Inc., (formerly Automated Vending Technologies) (Ticker: AVTCD.PK) (www.autoretail.com), was recently the subject of an in depth research report and profile by Francis Gaskins, editor of IPODesktop.com. Company founder Shannon Illingworth and Chief Marketing Officer Mike Kiser were also interviewed.

The report stated that AVT has been growing steadily and is positioned for explosive growth in the near future as more pilot programs are transitioned into production. The research also noted that AVT's growth validates the company's core competencies and leadership in the business of automated, self-service retail solutions.

AVT spent years developing cutting-edge, proprietary technologies that were put into dozens of pilot programs. Many of those pilot programs are now entering the production phase, which is one driving force behind AVT's impressive sales growth, according to the analysis.  The report stated that AVT has "20-30 successful pilot and production programs with blue chip retailers," which is dramatically increasing production and profits.

Furthermore, the company is poised for long-term growth due to their competitive advantages, including, "Intellectual property based on five pending patents enhances AVT's ability to deliver high tech services such as acceptance of credit and debit cards for cashless payment, dynamic advertising, remote tracking, and inventory management."

Growth in international markets also showed substantial gains, according to the report.

Gaskins also interviewed Shannon Illingworth, AVT company founder, and Mike Kiser, Chief Marketing Officer, about AVT's current position and forecast for the remainder of the year. To listen to the interview, follow this link: http://gaskinsco.com/linkto-avtc-august-19.shtml

To read the full research report and profile, visit http://gaskinsco.com/linkto-avtc-august-19.shtml

For more information on AVT and their self-service retailing systems, customized vending solutions, automated retailing, and automated stores, visit AVT's Websites at: www.avtinconline.com or www.autoretail.com.

About AVT:

AVT, Inc. is a leading developer of automated and self-service retailing systems. AVT's stock is currently traded through the OTC Markets, Ticker Symbol: AVTCD.PK
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