AVT Company Founder Shannon Illingworth Interviewed on IPODesktop.com
CORONA, Calif., Jan. 25, 2012 /PRNewswire/ -- AVT, Inc. (Ticker: AVTC) (www.autoretail.com) company founder Shannon Illingworth and chief marketing officer Mike Kiser were interviewed by Francis Gaskins, editor of IPODesktop.com.
Gaskins, a respected analyst and Harvard MBA, stated that AVT's revenue for year-end 2011 was up 76% - reaching $10 million, and that was attributed to internal growth, not acquisitions. It was noted that some of the company's extraordinary success was due in part to the fact that technology costs have come down, allowing retailers both small and large to offer automated self-service solutions to their customers.
Gaskins stated that he had been following the company for several years, and that in his opinion, "Sales in 2012 are going to be up at least 45-50% from the $10 million."
Illingworth commented that he was very confident in the company's business model and their ability to replicate their success by utilizing the technology they developed to increase the distribution points for retailers.
Mike Kiser, Chief Marketing Officer of AVT, stated that retailers and brand owners are looking for new ways to interface with consumers, and consumers are looking for technology to ease and speed the transaction. "AVT is very well positioned to bring the brand owner and retailer a new, cost-effective way of growing their revenue base," he noted. "So it's totally a win-win for the consumer, the brand owner and the retailer."
Gaskins noted that the company has the unique ability to develop customized systems for a variety of applications. "You have a broad process that you can customize for individual markets," Gaskins commented.
"Because of the way AVT is vertically integrated, we can do it quicker and more efficiently than other providers, and that's making a difference in the marketplace," Kiser replied.
Illingworth commented on how some of AVT's customers are gaining national attention. "I think the future is bright and you are going to see a lot more headline news about self-service, automated retailing - and AVT will behind that growth," he stated. "It's an exciting time for us."
To listen to the interview, visit: http://gaskinsco.com/avtc-jan.mp3
For more information on AVT, please call 877.424.3663 or visit the website at www.autoretail.com.
About AVT:
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:PK
For more information on AVT or the Automated Retailing Industry, visit www.autoretail.com.
SOURCE AVT, Inc.
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