AVT's Customer, Marley Coffee Automated Stores, On Track to Take Significant Market Share in Automated Coffee Space "Automated Coffee is one of the fastest growing market segments in America, with a market worth about $1 billion per year."
CORONA, Calif., June 19, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a technology leader in developing automated retailing systems, customized kiosks and self service stores, announced that their customer, Marley Coffee Automated Stores, had top management interviewed by Francis Gaskins, Editor of IPODesktop.com, and discussed how their business model and systems offer substantial advantages over the competition, and that the company is poised to become a dominant player in this rapidly growing market.
Gaskins interviewed Ron Brown, President of Marley Coffee Automated Stores; Joseph Menichiello, Vice President of Sales for Marley Coffee Automated Stores; and Shannon Illingworth, AVT Chairman and Founder.
Ron Brown is also an Olympic Gold Medalist and world record holder, and a former professional football star and First-Team All-Pro Pro-Bowler.
Mr. Gaskins is one of Wall Street's most respected analysts, and appears on financial programs including Bloomberg News, Fox News, and CNBC, and in publications including the Wall Street Journal, USA TODAY, and Investors Business Daily. His website was named one of "Forbes Best IPO Sites." Gaskins also has a degree in Economics from Princeton University, and a Masters in Finance from Harvard Business School.
"According to the Wall Street Journal, the automated coffee market is rapidly growing, and has space for over 70,000 units," Gaskins stated. "By comparison, Redbox has only about 44,000 machines, so it's a very big market with tremendous potential," he added.
Gaskins asked about Coinstar, which is putting out automated coffee vending units in conjunction with Seattle's Best - a lower priced brand owned by Starbucks. "We don't look at Coinstar and Starbucks as competition," Menichiello stated. "They are putting systems where they have Redbox units, which are obviously in grocery stores," he added. "We are targeting an entirely different market."
Marley Coffee Automated Stores are available to entrepreneurs as a high-profit business opportunity, and provide a uniquely gourmet experience.
The innovative Marley Coffee Store actually fresh grinds each individual cup and offers a variety of blends, ranging from Mocha and Espresso to Cappuccino and Hot Chocolate. "This sets us apart from any competition in the market," Menichiello commented.
Additionally, the Marley Coffee Stores come with a Media Network Ad Revenue Program, which provides system owners with another source of revenues.
Gaskins commented that the Marley brand has been estimated to be worth $1 billion. "The Marley brand is gigantic," Illingworth stated. "Of all the brands we work with, this is the most exciting."
"Everyone understands coffee," Brown commented. "It's one of the most consumed beverages in the world," he added. "That's why we've been so successful selling these systems."
To listen to the Marley Coffee Store interview, visit: http://gaskinsco.com/marley-avtc.mp3
To read the Gaskins/IPODesktop Analyst Review of AVT, please click here.
For more information on AVT, please call 800-240-5175 or visit the website at www.autoretail.com.
For more information on Marley Coffee Automated Stores, visit: www.marleycoffeestores.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 Markets, Ticker Symbol: AVTC
SOURCE AVT, Inc.