Deal Gives AVT Exclusive Marketing and Manufacturing Rights
CORONA, Calif., April 13, 2011 /PRNewswire/ -- AVT, Inc., (formerly Automated Vending Technologies) (Ticker: AVTC) (www.avtinconline.com), has signed an agreement with Pop N Go to become the exclusive worldwide manufacturer of the newly designed N9000 Automated Popcorn Popping System. The deal also grants AVT the exclusive worldwide sales and distribution rights.
The Pop N Go (Pink Sheets:POPN.pk - News) engine has a unique hot air delivery system, capable of delivering single servings of fresh hot popcorn, in a unique patented system that allows the customer to watch the entire popping process.
James Winsor, CEO of AVT, said that he was initially attracted to Pop N Go because it provides a fresh, healthy snack on demand, and AVT could integrate their technology to enhance performance and efficiency while increasing revenues via an LCD advertising topper.
AVT's design and manufacturing capabilities, innovative technology, and revenue-generating digital signage system makes the partnership work, according to Mel Wyman, CEO of Pop N Go, Inc. The N9000 machines will continue to be powered by Pop N Go's patented popping technology.
About AVT:
AVT, Inc. is a leading developer of automated and self-service retailing systems. AVT's stock is currently traded through the OTC Markets, Ticker Symbol: AVTC.
For more information on AVT and their self-service automated retailing systems, visit AVT's Websites at: www.avtinconline.com or www.autoretail.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment