Company News: Page (1) of 1 - 08/02/07

Field Tests Demonstrate Automated Vending Technologies, Inc.'s Innovative Ad Programs Sharply Increase Revenues

 

August 02, 2007 --

CORONA, Calif., Aug. 2 /PRNewswire-FirstCall/ -- Automated Vending Technologies, Inc. (Pink Sheets: AVDT), the advanced technology based vending manufacturer, today announced the conclusion of an initial round of comprehensive digital signage field tests. The tests demonstrate a dramatic improvement in sales in the 10 vending systems equipped with AVT's custom personal computers loaded with proprietary digital signage software displaying flash advertisements, including advertisements for Otis Spunkmeyer, 5 Hour Energy and Tropicana.

The featured ads appeared on highly visible widescreen LCD displays. The field tests utilized 20 vending machines filled with identical merchandise but 10 of the systems were equipped with AVT's digital signage software displaying flash advertisements.

"We very closely and consistently monitored the sales of all our vended products by location, season and brand, among other variables. We had significant spikes in sales for nearly every product that was being directly advertised on the 10 LCD equipped vending systems," said Bobbi Church, Vice President of Operations. "We need to look closely at bringing this innovation to all 900 machines we presently have in the field."


"This direct advertising not only increases product sales but also provides direct supplemental income from the sale of the 'flash' ad products. The ads are managed over our proprietary Virtual Private Network (VPN), which was designed by our in-house IT department," said Kevin Illingworth, President. "This software package, along with significant other AVT technologies, positions AVT at the leading edge of the vending machine industry as we competitively and innovatively grow to meet consumer needs," Mr. Illingworth said.

Tommy Buzbee, the Company's National Sales and Marketing Director, stressed that "this direct advertising program will enhance AVT's strong business model. We plan on working directly with vending product suppliers and distributors to offer a variety of comprehensive digital signage programs on all AVT sold vending and product dispensing systems."

About Automated Vending Technologies

AVDT has emerged as a leader in integrated vending solutions in the competitive vending industry. Since 2001, the Company has grown from providing vending route operations to a fully operating company with strategically established partnerships and subsidiaries. The Company prides itself on not only providing top quality vending products, but also streaming video through its revolutionary vending technology.

Automated Vending Technologies, Inc. (Pink Sheets: AVDT) is a vending solutions provider based in Corona, California that has developed several significant vending machine technologies that yield a more efficient and reliable yet technically advanced system. This advanced technology provides methods for cashless payment, credit card and debit card use, dynamic advertising with remote tracking and inventory management. AVDT has grown privately for 5 years and has a strong balance sheet with current revenues, inventory and assets. AVDT currently serves more than 300 government and commercial vending accounts in Southern California.

Forward-Looking Statements

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

Contact: Automated Vending Technologies, Inc. Kevin Illingworth President 951-737-1057

SOURCE Automated Vending Technologies, Inc.

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Related Keywords:Broadcast, Management, Streaming, Digital, Computers/Peripherals, Display, Prosumer/Consumer, Business, Network (LAN), Flash, Flat Panel Display (LCD/Plasma, etc.), Digital Signage, Marketing, Graphics/Design, Streaming/Webcast,

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