AVT and Utique Launch Sub-Brand to Target Mass and Hospitality Channels
CORONA, Calif., May 29, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a technology leader in developing automated retailing systems, customized kiosks and micro-stores, are continuing to build on its exclusive licensing partnership with Utique, Inc., specifically with Utique's unique approach to automated retailing and advanced retail software. Utique and AVT have partnered on the development and upcoming launch of a sub-brand to U*tique Shop, Utique's highly productive luxury automated stores. The purpose of this sub-brand is to deliver a turnkey automated retail solution into the mass and hospitality channels. This will provide a lower cost robotic machine that will carry more affordable and everyday items to a broader market. U*tique Shops will continue to perform as AVT's highest end branded automated retail solution, servicing 5-star hotel/resorts and premiere cosmopolitan venues, including international airports and premium malls.
Utique Inc founder/CEO and AVT's Chairman shared insights on the increasing demand from hospitality and other on-the-go/24-hour venues that service increasingly time strapped travelers and employees. AVT, inclusive of former Utique, Inc. talent, has combined the best of Utique and AVT technology to rapidly bring a turnkey solution to market, providing the best of curated retail merchandise, supply chain and automated store management to a broader audience. Founder/CEO of Utique, Inc., Mara Segal, commented, "We have seen great demand for our U*tique Shop solutions in far broader venues than what the brand is a fit for. We intend to keep U*tique Shops exclusive, but we want to continue to build on what we have learned and what we have developed to service the growing automated retail market." Chairman of AVT, Inc. Shannon Illingworth commented, "AVT is on a rapid growth path, now partially fueled by Utique technologies and retail acumen. We are excited to chart new waters with the Utique assets and to reach a broader market with the only turnkey retail gift shop solution in our market. We will continue to be pioneers as it relates to cutting edge technology and automated retail concepts in our market."
For more information on AVT, visit the website at: www.autoretail.com, or call 800-240-5175.
About AVT, Inc:
AVT is a leading developer of customized automated retailing systems, Micro-Stores, and self-service solutions. Divisions include design, manufacturing, software engineering, leasing, media, and technology licensing. 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. AVT is uniquely qualified to take projects from concept to completion with speed, economy and ingenuity. For more information, visit: www.Autoretail.com
AVT's stock is traded through the OTC Markets, Ticker Symbol: AVTC
SOURCE AVT, Inc.
Source: PR Newswire (May 29, 2013 - 8:50 AM EDT)
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