System generates ongoing revenues in the $3.49 billion optical industry
CORONA, Calif., May 19, 2014 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a leader in custom kiosks and automated retailing units, announced that it received a purchase order from OpticWash, worth over $6 million. OpticWash is the world's first automated kiosk to clean fine eyewear and jewelry.
"This is the hottest new system in the industry right now," said Shannon Illingworth, Chairman and Founder of AVT, Inc. "We are pleased to be the manufacturing partner with OpticWash, and proud to include this innovative system in our portfolio of world-class products."
AVT is considered a technology leader in the automated retailing industry and has developed and /or manufactured some of the most advanced systems in the world, including The Burrito Box, Medbox, Farmer's Fridge, Rug Doctor Self-Service Carpet Cleaning Equipment Rental Kiosk, The Cupcake Dispenser, and The Fresh Juice ATM.
According to Bryan Myers, CEO of Opticwash, interest in the system is growing daily. "We are looking at placements in military installations, college campuses, healthcare facilities, retailers, optical centers, jewelry stores, and malls throughout North America," he said. "The interest comes from virtually every channel you can imagine."
This purchase order is for the OpticWash "Pro" Unit. A new "Commercial" unit is also being developed for deployment later this year.
"The market potential is enormous," Myers said. "The optical industry alone has over 14,000 locations, and the top 100 retailers in the United States have over 266,000 more locations," he added. "When you look at all the potential sites for our unit, the numbers are staggering."
For information on Opticwash, call (877) 976-3109, or visit: www.opticwash.com
For information on AVT, call (877) 424-3663, or visit: www.autoretail.com.
ABOUT AVT:
AVT is a public company (ticker: AVTC), with a 15-year track record of success and innovation. AVT provides custom solutions to companies seeking an automated platform to increase sales, expand distribution, control lift, lower overhead, and enhance brand awareness.
Forward-Looking Statements: The statements herein constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs, and are subject to potential risk and change. We do not take any obligation to update any forward-looking statement to reflect events or developments after the statement was made.
SOURCE AVT, Inc.
Source: PR Newswire (May 19, 2014 - 9:25 AM EDT)
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