AVT Partners with Lunarpages to Create a New Company Providing Enterprise Solutions to the Vending and Automated Retailing Industry
CORONA, Calif., Aug. 8, 2012 /PRNewswire/ -- AVT, Inc. (Ticker: AVTC) www.autoretail.com announced today that they have formed a new company named ARC – Automated Retail Control. The new company is formed in partnership with Lunarpages, of Anaheim, CA.
ARC will focus on providing cloud-based solutions to the vending and automated retailing industry. ARC will give users a customizable control panel to remotely manage an individual or group of vending machines or automated retailing systems.
ARC will also be the exclusive provider of AVT's licensed technology, which was recently granted a patent by the United States Patent and Trademark Office.
The patented technology, which covers the use of a wireless system to manage a network of remote vending machines, is currently being licensed to both new users of the system and to companies that have been using a similar process and may not have been aware that they were infringing on a patent.
"We look forward to helping any company come into compliance, by offering them a license to use our powerful, patented system," according to Shannon Illingworth, Founder and Chairman of AVT. "Through our new company, vending operators can legally license this technology, which will allow them to manage virtually every aspect of their business through an online portal, thereby reducing their workload, increasing their productivity, adding new revenue streams, and enhancing their customer's experience."
George Natzic, CEO of Lunarpages stated "We are pleased to partner with AVT on this new venture. Now the owners and operators of vending machines and automated self-service retailing systems have a comprehensive tool for controlling and managing their units. It's the world's first complete wireless management solution."
For more information on AVT or ARC – Automated Retail Control, please call 877.424.3663 or visit AVT's website at www.autoretail.com
For more information on Lunarpages, please visit their website at: www.lunarpages.com
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 Bulletin Board Markets, Ticker Symbol: AVTC.OB.
For more information on AVT, custom vending, or the Automated Retailing Industry, visit www.autoretail.com.
SOURCE AVT, Inc.
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