Local Focus - AVT, in Corona, California - The Evolution of the Vending Machine
AVT, Inc. (formerly Automated Vending Technologies), has been in the news lately for a wide array of reasons, from new exciting products, to a very public lawsuit.
AVT, www.avtinconline.com, has designed an automated retail machine built specifically to dispense high-end products for quality, upscale retailers. Standard Hotels, where many rich and famous people stay to play, has placed AVT, Inc. vending machines poolside, dispensing fashions and accessories from Quiksilver, including Quiksilver board shorts, bikinis, sunscreen and sunglasses, all via a high-tech touch screen display and self-service credit card reader to complete the sale.
But their product isn't just another vending machine with a gimmick. The new Corona, CA produced machine's system is ran by a computer program that processes customer's credit cards instantly, and updated the machine's sales and inventory up-to-the-minute, making it extremely attractive to low-overhead conscious entrepreneurs.
Also in production at AVT are machines that dispense everything from custom t-shirts and cell phones, to cosmetics and even jewelry.
The vending machine manufacturer AVT Inc. has also been in the news because of its recently filed lawsuit against author Randall Lane for libel and false statements in his new book, The Zeros: My Misadventures in the Decade Wall Street Went Insane, Lane's documentary of greed and excess he observed during his time on Wall Street.
AVT has claimed defamation against Lane for his published claims that the Corona based manufacturer paid former New York Mets for paid the baseball player to encourage its stock on website TheStreet.com.
The lawsuit against Randall Lane and his publisher, was filed in Orange County Superior Court, seeking $100 million, for libel and false statements in his the new book.
AVT Inc. has not just been busy building state-of-the-art vending machines, but building the reputation of the company as well. They've been very busy producing and uploading videos online that focuses on AVT and the machines they produce.
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