CORONA, Calif., April 14, 2014 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a leader in the design and development of custom vending machines, kiosks and automated retailing units, announced today that their newest Android-based Marley Coffee Kiosk was a big hit at the recent NAMA Show in Las Vegas.
Joe Menichiello, Vice President of Sales for Marley Coffee Automated Stores, said that one of the goals of the show was to establish more location contracts with premier properties. "We will be significantly increasing the number of Marley Coffee Kiosks throughout the nation," he said. "We have already secured many of the former Rubi locations and are now expanding on this sizeable base."
Marley Coffee Automated Stores is expanding into major US metro markets, specifically in public environment channels such as food and grocery stores, mass merchandise stores, and military bases. The company is also targeting prime locations in captive channels such as colleges and universities, healthcare buildings and hospitals, large offices and business complexes, and industrial sites.
Marley Coffee Automated Stores has developed a new platform that allows accredited investors to participate in the growth of the coffee business, without any of the servicing requirements. Through the Automated Retail Income Development (ARID) Fund, individuals can hold a passive investment in the growing coffee industry, while the professionals at Marley Coffee Automated Stores handle the location procurement and servicing of each system.
"It's really the best of all worlds," Menichiello stated. "Investors can jump on one of the hottest business opportunities in the nation, while all the work of running the day-to-day operations of the business will be handled by a group of experienced professionals."
For more information on the ARID Fund, visit: www.aridfund.com.
For more information on Marley Coffee Automated Stores, visit: www.marleycoffeestores.com
For more information on AVT, call (877) 424-3663, or visit: www.autoretail.com.
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Forward-Looking Statements: The statements in this and all 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 as well as 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.
This is not an offer to purchase or sell securities. This overview is for informational purposes and is not an offer to sell or a solicitation, and may not be relied upon in connection with the purchase or sale of any security. Interests in the Fund, will only be available to parties who are "accredited investors" (as defined in Rule 501 promulgated pursuant to the Securities Act of 1933, as amended) and who are interested in investing in the Fund on their own behalf. Any offering or solicitation will be made only to qualified prospective investors pursuant to a confidential offering memorandum, and the subscription documents, all of which should be read in their entirety.
SOURCE AVT, Inc.