NAMA Research States that Gourmet Coffee is One of the Most Desired Segments in the Industry AVT's New Marley Coffee Division is capitalizing on this growth
CORONA, Calif., Jan. 22, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com) is expanding their distribution of their exclusive Marley Coffee Automated Micro-Stores, a move that was validated by the recent study released at the National Automatic Merchandising Association (NAMA), Coffee Tea & Water conference.
The NAMA led "coffee experience outreach" determined the perceptions of coffee in the workplace and concluded that gourmet and premium coffees are the most desired and fastest growing segment of the industry.
To respond to this profitable new growth segment, AVT has launched a new division to build and distribute gourmet Marley Coffee Kiosks throughout the nation. Marley coffees are considered by experts and connoisseurs to be some of the finest blends available anywhere, and the kiosks are expected to divert many patrons from Starbucks to the better tasting and less expensive Marley brand.
The AVT Marley Coffee Kiosk and Micro-Stores have been designed to address the growing demand consumers place on quality coffee, available quickly and conveniently.
AVT recently released an internal report that showed that the Marley Coffee Division is projected to add $12 million in new revenues by year-end 2013, and $24 million by year-end 2014.
"Our Marley Coffee Division is red-hot, but it's only a slice of the sales activity and growth we are experiencing," states Shannon Illingworth, Chairman and Founder of AVT. "This should be a year for the record books, with new revenues streaming in from our leasing and financing division, manufacturing orders that are far outpacing last year's, our proprietary technology licensing, and the Marley Coffee automated systems."
For more information on AVT, please call 800-240-5175 or visit the website at www.autoretail.com.
For more information on the AVT Marley Coffee Division, visit: www.autoretail.com/main/AVT-page.asp?P=60
For more information on Marley Coffees, visit: www.marleycoffee.com
About AVT, Inc:
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
Safe Harbor Statement
The following Safe Harbor Statement applies to all our press releases.
"This press release contains forward-looking statements, particularly as related to the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "believe," "think", "should" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the Company's expectations and estimates.
SOURCE AVT, Inc.