On September 9, 2010 AVT received a purchase order for 100 Ram 5000 media machines from Compass USA, a division of London-based Compass Group for delivery by the end of September 2010.
IPOdesktop top estimates the revenue from the Compass order will be in the neighborhood of $400,000.
Compass Group PLC is a United Kingdom-based holding company with a market capitalization of $16 billion, annual sales of $21 billion and annual profit of $1.5 billion. Stock quote: http://www.google.com/finance?q=PINK%3ACMPGY
The principal activities of Compass Group are the provision of contract foodservice and support services to the clients. The Company operates in four geographical segments: North America, Continental Europe, UK & Ireland, and Rest of the World.
In the US Compass USA runs Canteen Vending Services. Canteen is the most recognized name in vending. Established in 1929 in Chicago with just five-cent candy bar machines, Canteen has revolutionized the industry with its cutting-edge Market Central designs, Fresh To You fresh food options and exclusive partnerships with popular national brands. Canteen is the only vending company in the US with a franchise system that serves clients in.
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