AVT Comments on Future of Vending Industry

LOS ANGELES, Oct. 7, 2015 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a leading manufacturer of automated retailing systems, kiosks, and custom vending machines, shared their vision on the future of the vending industry.

A group of vending industry experts, including Shannon Illingworth, James Winsor, and Wayne Salvino, discussed the factors that may influence future generations of vending machines.

"Technology will disrupt the vending industry in ways as profound as how Uber changed the taxi industry and Expedia changed the travel industry," James Winsor, CEO of AVT commented. "From smart phone payments, to online access, to remembering each customer by name and offering specially selected items, technological advances will drive this industry forward."

Wayne Salvino, President of AVT, said he believes that customer convenience and "entertainment" will push progress. "We are entering an era where the customer is not only king, but is also in a position to demand new features that make the purchasing experience more user-friendly," he said. "If customers want to recharge their cell phone and watch movie trailers while they wait for their coffee, then that's what they'll get."

Industry leader Shannon Illingworth, Founder of AVT, and considered to be the "Father of Automated Retailing," said that his vision for the company has always paralleled his vision for the future of the industry.

"I've always seen AVT as a company that would stand out in the industry through its innovations," he said. "We never wanted to be just another vending manufacturer. We set out to create new ways to sell products of all types through an automated, self-service platform," he added. "I am pleased that AVT has continually redefined what a 'vending machine' can do in terms of its technology, its appearance, and the type of products it can be engineered to dispense."

AVT was an early adopter of utilizing computers and wireless technology in vending machines, and with its patented technologies, has pushed the entire industry to new levels of sophistication and customer engagement.

"I look forward to AVT continuing on a course of invention and innovation," Illingworth commented. "While we are proud of our accomplishments, the best is yet to come."

To learn more about AVT, call (877) 424-3663, or visit: www.autoretail.com.

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SOURCE AVT, Inc.

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http://www.autoretail.com

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