AVT Investor Conference Call Available Online
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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"This press release contains forward-looking statements, particularly as related to the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "believe," "think," "anticipate," "should," "likely," or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statements. Actual results may differ materially from the Company's expectations and estimates. This release may also rely on statements made by other companies, reporters, and/or organizations. The Company cannot validate or assure the reliability of these and any other statements made by third parties.
SOURCE AVT, Inc.
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