AVT, Inc. Comments on Verizon, Walmart, and Amazon Entering the Automated
CORONA, Calif., Jan. 17, 2013
CORONA, Calif., Jan. 17, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC)
(www.autoretail.com) commented on the news that major corporations, including
Verizon, Walmart, Amazon and Rite Aid are entering the automated retailing
Verizon, ranked the 15^th largest company in America, has a dedicated unit
specializing in Automated Retailing. According to the Verizon website,
"Automated Retail solutions allow merchants to tap into more sales
opportunities by placing convenient, self-service machines in high-traffic
areas. Quick, wireless transactions and near real-time reporting on inventory
and sales data help to control costs. And customers get immediate access to
the items they want any time."
Rite Aid unveiled what it called its "next generation" Wellness store that
features an easy-to-use kiosk that allows customers to conveniently order
glasses and contact lenses and try on new frames. Rite Aid is one of the
nation's leading drugstore chains with more than 4,600 stores and fiscal 2012
annual revenues of $26.1 billion.
Walmart, the world's leading retailer, already uses automated retailing
systems for their photo department and now for Rug Doctor rentals. According
to KioskMarketplace.com, the automated systems allow Walmart to "increase
photo center traffic and revenue from high-margin products without dedicated
Amazon has new self-service lockers that allow customers to securely pick up
their merchandise at convenient automated centers throughout the nation. AVT
has developed similar systems that are being utilized by one of their major
AVT is the nation's leader in providing customized self-service solutions, and
has developed systems for some of the biggest companies in the world, as well
as smaller companies that want to expand distribution, lower costs, and
AVT is currently on track to reach $50 million in revenues. "We expect to be a
$100 million dollar company in the near future," states Shannon Illingworth,
Chairman and Founder of AVT. "We continue to beat all of our projections, and
find such a strong demand for our products and services, that our financial
forecasts need to be raised several times throughout the year."
For more information on AVT, please call 800-240-5175 or visit the website at
For more information on Verizon Automated Retailing Solutions, visit:
For more information on Rite Aid Wellness Stores, visit:
For more information on the Walmart Rug Doctor Automated Systems, visit:
For more information on the Amazon lockers, visit:
About AVT, Inc.:
AVT, Inc. is a leading developer of automated and self-service retailing
systems. AVT is able to work with any size company to design a custom
automated retailing solution that drives traffic, increases sales, improves
security, and lowers overhead. With an in-house design team, software
developers, mechanical engineers and on-site manufacturing, AVT can take
projects from concept to completion with speed, economy and ingenuity.
AVT's stock is traded through the OTC Markets, Ticker Symbol: AVTC
SOURCE AVT, Inc.
Contact: RAH Marketing, at: email@example.com
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