AVT Voted Best Stock 2011
Introducing AVT, and the concept of Automated Retailing.
LOS ANGELES, June 27, 2011 /PRNewswire/ -- AVT is changing the ways consumers experience vending. No longer is it about traditional products being delivered in conventional methods.
Voted Best New Stock of the year AVTC received $1.5 million in purchase orders from H.U.M.A.N. (Helping Unite Man and Nutrition) of Santa Monica, California.
For the manufacture and delivery of 260 custom products dispensing, averaging almost $6,000 per unit this order confirms that AVT is converting smaller pilot programs into full production contracts.
Financials
For the three months ended March 31, 2011 AVTC generated over $1.4 million in revenue, up 44% from the March 31, 2010 quarter. Gross profit increased to 77% from 58%.
AVTC'S BLUE CHIP ACCOUNTS
AVTC's impressive sales growth is fueled by 20-30 successful pilot and production programs with blue ship retailers including Costco, Wal-Mart, Sam's Club, Blue Rhino, Quicksilver, Ed Hardy plus Prescription Vending Machines, Pop & Go, H.U.M.A.N., Flix on Stix and many others.
For More Details on Company
http://gaskinsco.com/linkto-avtc-june.shtml
Contact: David Saffron of AVT, 213-453-6148, [email protected]
SOURCE AVT
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