IVM Awarded Innovator of the Year, Receives Indiana's TechPoint Mira Award

INDIANAPOLIS, May 17, 2012 /PRNewswire/ -- IVM, Inc., a leading supplier of automated vending machines, announced that they have been awarded a TechPoint Mira Award as the "Innovator of the Year." This year's Mira Awards finalists crisscrossed the marketplace from established corporations and preeminent research institutions to fledgling startups; and from creative agencies to high-tech laboratories and emerging technologies.

IVM, Inc. won the Innovation of the Year Mira Award for its vending and distribution solutions technology that allows its clients to contain costs and manage distribution of consumable supplies to their employees. IVM applies cutting edge technology utilizing cellular connectivity for vending distribution.

"We are honored and excited to be named as Indiana's Innovator of the Year and humbly accept the TechPoint Mira Award," states Michael Pitts, President at IVM, Inc. He continues, "Mira Awards are considered Indiana's Technology Oscars and when you consider our fellow nominees – that's a true validation for our team members and a real motivator to continue developing the world's leading automated vending machines and taking them to the next level."

IVM practices "The Technology of Total Control." In addition to worldwide vending management and revenue enhancement services, their automated supply distribution services are growing exponentially. The automated vending division allows businesses and manufacturers to provide their employees with supplies, free of charge, while maintaining cost and usage controls on those products. Automated supplies range from safety glasses to drill bits to office supplies. IVM's specialized distribution equipment remotely tracks disbursement, allowing clients to control usage abuses and cut supply costs. IVM's advanced vending technology has been deployed to the campuses of Facebook, Logitech, Intel, and HP and to notable manufacturers including GE, Goodyear, Owens Corning, Pepsi Americas, BNSF Railway and Toyota.

About TechPoint's Mission:
TechPoint's mission is to accelerate Indiana's emerging and vibrant Tech Sector. As Indiana's initiative for the state's technology-based economy and growing entrepreneurship, TechPoint is known for its ability to identify and empower high-growth Indiana technology companies through education and networking programs, government advocacy and strategic economic development initiatives. TechPoint represents Indiana's entire technology community, including publicly-traded companies, private businesses, colleges and research universities, and local economic development organizations. Visit www.techpoint.org for more information.

About IVM, Inc.:
IVM manages the traditional vending programs for hundreds of clients across thousands of locations in the US, Canada, Mexico and England. They have increased revenues for their clients by millions of dollars through improved monitoring and tracking of their vending programs. IVM delivers proprietary, advanced technologies that yield higher efficiency and profits. Their clients represent all business verticals and industries including education, retail, transportation, health, manufacturing, and hospitality. Visit: www.ivminc.com for more information.

Contact for IVM, Inc.: Michael Pitts, President at 800.676.8432

SOURCE IVM, Inc.