2014

AVT's Patent Helps Lead an Exploding Mobile Payment Market for Intelligent Vending Machines Market Forecast at $90 Billion

CORONA, Calif., July 31, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a technology leader in developing automated retailing systems, customized kiosks and micro-stores, is positioned to benefit from the explosion in the mobile wireless payment market.

The market research firm Forrester is predicting big growth for the mobile payments market. In a new report, the research firm is anticipating that the U.S. mobile payment market will see $90 billion spent in 2017, an incredible 48 percent compounded annual growth rate over the $12.8 billion that was spent in 2012.

With the mobile payments market growing so fast, the mobile vending and cashless payment markets are also expected to explode.  Because of its affirmed patent, AVT expects to benefit directly from the growth of the market.

"Mobile payments adoption will be fueled by unprecedented growth in proximity payments. Lower barriers to adoption, increased convenience, and early entrants striving for scale will be important drivers of growth," according to Forrester.

"Consumer interest is growing, and initiatives like ISIS and Google Wallet are actually launching and usable in real-world locations, so there's every reason to believe that we're on our way to that $90 billion mark," according to TechCrunch.

The Intelligent Vending Machine market is also forecast to grow rapidly, globally.  Mobile payments are a lynchpin for growth of this market.

AVT's recently affirmed patent is expected to change the industry

AVT is using its protected patent position as a two-pronged revenue driver, both to generate recurring revenue license streams, and as a competitive edge versus non-licensed entities. AVT's wireless patent applies directly to the rapidly growing vending mobile payment market, with several of their 19 approved claims dealing with the receipt and processing of a wireless payment from a purchaser.

For more information on AVT, visit the website at: www.autoretail.com, or call 800-240-5175.

To read the Forrester Research Report, visit: http://blogs.forrester.com/denee_carrington/13-01-16-us_mobile_payments_forecast_2013_2017_mobile_payments_to_reach_90b_by_2017

To read about AVT's patent, visit:

http://www.redorbit.com/news/technology/1112838718/avts-patent-found-valid-and-enforceable-upon-reexamination/

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

Forward-Looking Statement:

This Press Release and all of our company's Press Releases may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended (the "Acts"). In particular, the words "believe," "may," "could," "should," "expects," "anticipate," "estimate," "project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements and are subject to the safe harbor created by these Acts. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. These risks and others are included from time to time in documents we file with the Securities and Exchange Commission ("SEC"). Other unknown or unpredictable factors also could have material adverse effects on our future results. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law.


SOURCE AVT, Inc.



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