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Automated Retailing Industry Expected to Grow To More than $1.1 Trillion in 2015

Investor's Business Daily Reports


News provided by

AVT, Inc.

Jan 24, 2013, 08:45 ET

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CORONA, Calif., Jan. 24, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com) completed a redesign of their manufacturing headquarters in anticipation of significant growth – a move that was validated by a recent article in Investor's Business Daily that stated the automated retailing industry will almost double within the next two years.

The self-service automated retail market in the U.S. "is expected to grow from $740 billion in 2010 to more than $1.1 trillion in 2015," the article stated, using projections compiled by the IHL Group.

"There are going to be two leaders in this new industry," according to Shannon Illingworth, Founder and Chairman of AVT, Inc. "We believe that it will be Coinstar and AVT, although the two companies are very different."

Coinstar, which is the parent company to Redbox, is planning on distributing coffee vending machines that feature Seattle's Best Coffee – a brand that was recently purchased by Starbucks and is considered a lesser quality, "working class" coffee. According to a recent article in Adweek, Seattle's Best faces challenges from low-price competitors McDonald's and Dunkin' Donuts.

AVT is approaching the coffee market differently, and is opening upscale Marley Coffee micro-stores and self-service centers that feature a variety of premium gourmet blends. "The Marley brand is about quality, sustainability, ethical farming, and organic artisan roasts," Illingworth commented. "There are already plenty of places to get a quick cup of average coffee. We believe the market is ripe for a quality product, made available in convenient locations and at an affordable price."

"Coinstar is a giant - like McDonalds or Walmart, and they will always be a strong force in the industry," Illingworth commented. "But we are quick, nimble and lean, and still have tremendous growth in front of us."

And while Coinstar derives that majority of its revenues from Redbox, AVT is approaching the future with a diversified strategy.

"We attack the automated retailing industry from every angle. We have automated retailing systems that dispense everything from caviar to swimsuits, and new generation systems that dispense prescription medicines and even manage medical marijuana dispensaries," according to Illingworth. "Our new Finance and Leasing Division will generate good cash flow, and our Technology Leasing Programs are off to a strong start."

James Winsor, CEO of AVT summed up the outlook for AVT this way: "We are the only company that can custom design an automated retailing solution and have it in our customer's hands within a few weeks of the concept," he said. "Our patented technologies are the envy of the industry, and will continue to give us a commanding lead as we confidently march toward the future."

For more information on AVT, their patented technologies and licensing programs, leasing and financing, or customized automated retailing systems, please call 800-240-5175 or visit the website at www.autoretail.com.

To read the article in Investor's Business Daily, visit: http://news.investors.com/business-the-new-america/022912-602667-no-rest-for-coin-counter-coinstar.htm

To read the article in Adweek, visit: http://www.adweek.com/news/advertising-branding/why-starbucks-rebranded-seattles-best-coffee-107377

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" "likely"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. This release also relies on statements made by other companies, reporters, and/or organizations. The Company cannot validate or assure the reliability of these and any other statements made by third-parties.

SOURCE AVT, Inc.

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