17.10.2013 15:05:00
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InvestorProfessional.com Forecasts Growth in Automated Retailing Industry
CORONA, Calif., Oct. 17, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a leader in automated retailing systems, micro-stores and kiosk was featured in a research report on the Automated Retailing Industry by InvestorProfessional.com (www.investorprofessional.com).
The independent research group highlighted industry leaders Outerwall and AVT, and gave AVT a "Strong Buy" recommendation and a 5-star rating.
The report noted that AVT is involved in multiple markets and revenue streams. "AVT has a diverse clientele, including penetration into the healthcare, coffee, equipment rental and exchange, and retail channels. Their new Propane Exchange could completely change the industry within a short time."
"AVT has carved a niche at creating new, exciting automated retailing systems, and their investment in R&D is second to none," the report stated. "We believe that they have most of their growth still in front of them, and that the stock is a bargain at today's prices."
The report noted that the automated retailing industry is still in its infancy and will see growth over the next decade.
"Just as Apple changed the way people obtain and listen to music and use a phone, automated retailing will change the way people purchase products of all types," the report stated. "Within 10 years, you won't recognize a typical retail store... it will be a conglomeration of automation, self-service and interactivity."
InvestorProfessional.com is an independent stock analysis group, and accepts no payments for research or recommendations.
To read the report, visit www.investorprofessional.com
For more information AVT's full line of automated retailing systems, contact the company at (877) 424-3663, or visit the website at: www.autoretail.com.
Forward-Looking Statements: The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
SOURCE AVT, Inc.
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