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.
To connect with AVT on Facebook, visit: https://www.facebook.com/AVTInc
To follow AVT on Twitter, visit: https://twitter.com/AVTIncCA
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
Media inquiries, contact The Innovation Agency, at: "hello (at) inov8.us"
Forward-Looking Statements: The statements in this and any of our press releases constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry, competition, customer's business decisions, and overall economic conditions. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
SOURCE AVT, Inc.
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