CORONA, Calif., March 7, 2011 /PRNewswire/ -- AVT, Inc., (formerly Automated Vending Technologies) (Pink Sheets: AVTCD) (www.avtinconline.com), has been featured in a recent article in the Los Angeles Times about the changes that automation is bringing to the retail industry.
The article states that automated machines such as those developed by AVT, "now sell iPods, bathing suits, gold coins, sunglasses and razors; some will even dispense prescription drugs."
The Times article also features an online video about AVT, and mentions that the Corona firm is at the cutting-edge of the industry, and "is designing a fully automated gas station that will dispense gasoline, snacks, bottled drinks, even hot coffee with the swipe of a credit card — and not a single clerk."
Furthermore, the article suggests that the recent economy has forced retailers to change their business model. "Experts said lean times have encouraged retailers to rethink their operations and figure out new ways to do more with fewer hands even as the economy improves," according to the Times.
The Automated Retailing systems appeal to customers because they are fast and convenient, available 24 hours a day in locations such as airports and hotels, and "cost a fraction of brick-and-mortar stores," the Times stated.
The appeal to retail owners and operators is obvious, according to the Times. "AVT's smart vending machines don't demand paychecks, call in sick or give incorrect change. They work 24 hours a day and give instant feedback on sales and inventory."
AVT, Inc. is a leading developer of automated and self-service retailing systems, and is the innovator of VMS and TSM technologies that have become the standard for the industry.
AVT's stock is currently traded through the Pink OTC Markets, Ticker Symbol: AVTCD.
For more information on AVT and their self-service automated retailing systems, visit AVT's Websites at: www.avtinconline.com or www.autoretail.com, or call James Winsor, Chief Executive Officer, at 951-737-1057.