Wednesday, August 5, 2009

ATV's automated retailing solutions powering partnership with two well-known early adopters

Quiksilver (NYSE:ZQK) &The Standard Hotel Utilize AVT's Automated Dispensing Solution

CORONA, Calif., Aug. 5 /PRNewswire-FirstCall/ -- AVT, Inc. (formerly Automated Vending Technologies), (Pink Sheets: AVTC - News) today announced that its automated retailing solutions are powering a highly chic, trendy partnership between Quiksilver (NYSE: ZQK - News) and the popular Standard Hotels.

Quiksilver and The Standard Hotel complex are making "co-branded, board shorts and bikinis available pool side through AVT's automated retail product dispensing machines," said Freddie Bulusan, Director of Sales and Marketing at AVT.

"How many times have you arrived at the rooftop pool at The Standard downtown (Los Angeles) and said, 'Uh oh, I forgot my trunks,' asked the writer of a recent MSNBC.com article about AVT's unique solution to this issue. See a picture of AVT's 4th generation, PC-enabled product dispensing solution and read more at: http://www.msnbc.msn.com/id/32271128

"AVT has been so successful in introducing the automated retailing concept that almost half of our sales are now product dispensing solutions, which are PC-enabled just like these Quiksilver/The Standard models," said James Winsor, AVT CEO.

Quiksilver's annual sales top $2 billion and it is a highly regarded, consistent innovator, since the company's founding in 1974 by CEO Bob McKnight http://www.quiksilver.com/home/index.jsp

The New York Times called The Standard Hotel complex "'Citadels' of Chic". Travel and Leisure Magazine said they are: "Anything but Standard." Locations are in downtown Los Angeles, Hollywood, New York, and Spa Miami http://www.standardhotels.com/

Read more in AVTC analyst report: http://bit.ly/zPoFx