CORONA, Calif., June 30, 2014 /PRNewswire/ -- AVT, Inc. (OTC
Markets: AVTC) (www.autoretail.com), a leader in custom vending
machines and automated retailing systems announced that they have
completed development on a next generation Automated Medicine
Dispensing System, with features never before seen on any machine
in its class.
AVT's new proprietary Lane Recognition Technology provides
verification on each item dispensed. In old-style machines, the
systems could only report if an item was dispensed. It was up to
the operator to assure that the right item was being placed in the
right lanes, and human error was an ongoing factor.
AVT's next generation system reads and recognizes every item in
the machine, and provides verification on each individual item that
it dispenses. The system eliminates human error and provides 100%
dispensing accuracy.
According to the IMS Market Prognosis Report, the global
spending on prescription drugs topped $954
billion. United States
accounts for almost half of the global pharmaceutical market, with
$340 billion in annual sales,
followed by the EU and Japan.
AVT's new Lane Recognition Technology gives doctors, pharmacies,
hospitals and clinics complete and accurate reporting functions, so
that each item can be tracked to a patient. This is especially
important to maintain precise patient records, and in the event of
a drug recall.
"AVT was founded on innovation, and our continual goal is to
develop newer, more powerful systems that provide higher levels of
convenience, functionality and accuracy," said Shannon Illingworth, Founder and Chairman of
AVT. "Our starting point is where other companies stop," he added.
"We look at the best in class machines from all around the world,
and then figure out how to make a system that is even better."
For more information on AVT, call (877) 424-3663, or visit:
www.autoretail.com.
Connect with AVT on Facebook, at: facebook.com/AVTInc
Follow AVT on Twitter, at: twitter.com/AVTIncCA
ABOUT AVT, Inc:
AVT is a publicly traded company (ticker: AVTC), with a 15-year
track record of success and innovation. AVT provides custom
solutions to companies seeking an automated platform to increase
sales, expand distribution, control lift, lower overhead, and
enhance brand awareness. For more information, call (877) 424-3663,
or visit: www.autoretail.com.
Media Inquiries:
The Innovation Agency
www.inov8.us
SOURCE AVT, Inc.