Los Angeles, CA (PRWEB) June 27, 2011
AVT is changing the ways consumers experience vending. No longer is it about traditional products being delivered in conventional methods.
Voted Best New Stock of the year AVTC received $1. 5 million in purchase orders from H.U.M.A.N. (Helping Unite Man and Nutrition) of Santa Monica, California.
For the manufacture and delivery of 260 custom products dispensing, averaging almost $6,000 per unit this order confirms that AVT is converting smaller pilot programs into full production contracts.
For the three months ended March 31, 2011 AVTC generated over $1.4 million in revenue, up 44% from the March 31, 2010 quarter. Gross profit increased to 77% from 58%
AVTC’S BLUE CHIP ACCOUNTS
AVTC’s impressive sales growth is fueled by 20-30 successful pilot and production programs with blue ship retailers including Costco, Wal-Mart, Sam’s Club, Blue Rhino, Quicksilver, Ed Hardy plus Prescription Vending Machines, Pop & Go, H.U.M.A.N., Flix on Stix and many others.
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