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Automated Vending Technologies, Inc. Founder Shannon Illingworth Details How Company is Revolutionizing Vending Industry

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2008-01-02 03:55:24     
Automated Vending Technologies, Inc.

Automated Vending Technologies, Inc. (Pink Sheets: AVDT), an advanced technology based vending manufacturer, announced today its founder, Shannon Illingworth, is featured in an exclusive interview with Francis Gaskins posted at http://www.streetiq.com. The link to the interview is at: http://stoxrox.com/avdt-b.mp3.

In the interview, Mr. Illingworth details the Company's new "Vend Mart" concept, which combines AVT's next generation RAM 4000 vending system with other patent pending technologies to create a 'mini store' designed to maximize both sales and consumer satisfaction at specific locations, such as a college campus.

"We've revolutionized the vending industry," Mr. Illingworth explains in the in-depth interview, "with patent pending technologies including cashless payments and interactive advertising. This both keeps prices low and provides a 'Wow' factor for both customers and advertisers," Mr. Illingworth said.

"The possibilities in using technology to improve the stagnant vending industry are endless," Mr. Illingworth said, and he explains that the Company will unveil significant new achievements early in 2008. These are the first major changes to this industry in more than 20 years," Automated Vending Technologies' founder said.

About Automated Vending Technologies

AVDT has emerged as a leader in integrated vending solutions in the competitive vending industry. Since 2001, the Company has grown from providing vending route operations to a fully operating company with strategically established partnerships and subsidiaries. The Company prides itself on not only providing top quality vending products, but also streaming video through its revolutionary vending technology.

Automated Vending Technologies, Inc. (Pink Sheets: AVDT) is a vending solutions provider based in Corona, California that has developed several significant vending machine technologies that yield a more efficient and reliable yet technically advanced system. This advanced technology provides methods for cashless payment, credit card and debit card use, dynamic advertising with remote tracking and inventory management. AVDT has grown privately for five years and has a strong balance sheet with current revenues, inventory and assets. AVDT currently serves more than 300 government and commercial vending accounts in Southern California.

Forward-Looking Statements

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

Contact:
Automated Vending Technologies, Inc.
Tommy Buzbee (National Sales Director)
951-737-1057

Specialized in: Streetiq - Podcast - Podcasts - Podcasting - Financial Podcast - Financial Podcasts - Business Podcast - Business Podcasts - Financialcontent - Financial Content - Audiocast - Conference Call - Earnings Call
URL: http://www.streetiq.com
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