AVT Licenses Patented Wireless Vending Management System to Marley Coffee Automated Stores, Inc. Deal projected to bring significant new revenues to AVT
CORONA, Calif., Jan. 27, 2014 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a leader in custom vending machines, automated retailing, and self-service kiosks, is announced that they have licensed their patented wireless vending management system to Marley Coffee Automated Stores, Inc.
Marley Automated Coffee Stores is rapidly expanding nationwide, and recently announced that an investment fund has been created to purchase and place up to 300 new machines, which are scheduled to be placed in the best performing locations that were vacated by Outerwall's (OUTR) Rubi coffee kiosks.
AVT is the manufacturer of the Marley Coffee Automated Stores, and will also provide their patented wireless management system on all machines. AVT's management system gives machine owners and operators instant access to valuable information, including sales reports, inventory status, restocking alerts, and marketing data.
Under the terms of the deal, AVT will receive a monthly fee for the use of their management technology on each Marley Coffee Automated Store.
"We are pleased to be able to outfit our machines with the best backend management system in the industry" said Joe Menichiello, Vice President of Sales and Marketing at Marley Coffee Automated Stores, Inc. "AVT's proprietary technology provides an unparalleled level of customizable reporting in a sophisticated and powerful system that gives owners and operators the information they need to maximize profits, reduce costs, and make smart business decisions."
For more information on AVT and their patented vending management system, automated retailing systems, custom vending machines, and self-service kiosks, contact the company at (877) 424-3663, or visit the website at: www.autoretail.com.
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For more information on Marley Coffee Automated Stores, visit: http://www.marleycoffeestores.com/
For more information on Marley Coffee / Jammin Java Corp. (OTCQB: JAMN), visit: www.marleycoffee.com
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SOURCE AVT, Inc.