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AVT Founder and Chairman, Shannon Illingworth, Featured on TheStreet.com

"Automated Retailing is on the move"


News provided by

AVT, Inc.

Oct 30, 2014, 09:20 ET

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CORONA, Calif., Oct. 30, 2014 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a leader in automated retailing systems, self service kiosks, and custom vending machines, announced today that company founder and chairman, Shannon Illingworth, was interviewed on TheStreet.com.

The interview focused on why the Automated Retailing industry continues to grow. "Businesses are seeking more touch points while customers are demanding immediate gratification and this is leading to increased demand for kiosks," Gregg Greenberg, Senior Reporter for TheStreet wrote.

"We've done something special," Illingworth said. "We merged the kiosk with the vending machine to create a more consumer friendly experience."

The U.S. Vending Market is estimated to be worth over $19.31 billion, according to the Automatic Merchandiser/VendingMarketWatch State of the Vending Industry Report.

"This is an expanding category, which touches us all," Greenberg noted.

When asked about the future of automated retailing, Illingworth pointed to the Opticwash system, which is earning awards and accolades around the world for its innovation. As reported by KioskMarketplace, an Opticwash system was recently placed in a key location at the Venetian Hotel in Las Vegas.

"Consumers are demanding more product offerings and more convenience," Illingworth said. "Businesses are now trying to fill that need."

The interview was conducted by TheStreet's veteran reporter, Gregg Greenberg. Prior to joining TheStreet, Greenberg was a writer and segment producer for CNBC's Closing Bell.

TheStreet is a leading financial media company whose mission "Is to provide the most actionable ideas from the world of investing, finance and business in order to break down information barriers, level the playing field and help all individuals and organizations grow their wealth." Since its inception in 1996, TheStreet has distinguished itself from other financial media companies with its journalistic excellence, unbiased approach, and interactive multimedia coverage of the financial markets, economy, industry trends, investment and financial planning. Jim Cramer, the host of CNBC's Mad Money, is the co-founder and chairman of TheStreet.com, Inc.

To view the interview, visit: http://www.thestreet.com/video/12932974/atv-ceo-automated-retailing-on-the-move-in-us-kiosks-taking-off.html or go to: http://goo.gl/lIxJL4

For more information, call AVT at (877) 424-3663, or visit: www.autoretail.com.

Connect with AVT:

Facebook: facebook.com/AVTInc

Instagram: instagram.com/avt_inc

Twitter: twitter.com/avtincca

Media Inquiries:
The Innovation Agency
www.inov8.us 
hello(@)inov8.us

SOURCE AVT, Inc.

Related Links

http://www.autoretail.com

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