CORONA, Calif., Feb. 28, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com) held their first Investor Conference Call on Thursday, February 28, 2013. Company Founder and Chairman Shannon Illingworth, and CEO James Winsor discussed the company's future goals, forecasts and business outlook.
Several attendees to the conference call stated that they experienced technical issues with the video and/or audio. AVT apologies for those issues and were informed that an issue developed with a third party provider that was not able to support the bandwidth demand.
"We covered some very important points in the conference call and we regret that some attendees were not able to see or hear portions of the event," commented James Winsor, CEO of AVT. "We will take all necessary steps to resolve this issue in the future, and in the meantime, we are placing a copy of the conference call online on YouTube."
Shannon Illingworth, Company Founder and Chairman, said within the call that the company beat expectations for 2012, and finished the year with over $15 million in revenues. Company management also stated that orders are already in hand for 2013 that exceed 2012 totals, and that the company conservatively forecasts $20 million in revenues for the current year.
Management commented on new business divisions that will add new revenue streams, including company owned systems, technology licensing, backend management services, and financing and leasing.
"We thank all of our investors and are grateful for their support," Illingworth stated. "We look forward to another record-breaking year and increasing AVT's value for all our shareholders."
A recording of the conference call will be available at: http://www.youtube.com/watch?v=aYFrc16KqZ4&feature=youtu.be
For more information on AVT, please call 800-240-5175 or visit the website at www.autoretail.com.
About AVT, Inc:
AVT is a leading developer of customized automated retailing systems, Micro-Stores, and self-service solutions. Divisions include design, manufacturing, software engineering, leasing, media, and technology licensing. 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. AVT is uniquely qualified to take projects from concept to completion with speed, economy and ingenuity. For more information, visit: www.Autoretail.com
AVT's stock is traded through the OTC Markets, Ticker Symbol: AVTC
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SOURCE AVT, Inc.