AVT, Inc.

October 20, 2010 10:00 ET

AVT Develops New Automated Game Redemption Machine

New Kiosks Purchase Games by Nintendo, Sony PlayStation, X-Box, and Others

CORONA, CA--(Marketwire - October 20, 2010) -  AVT, Inc., (formerly Automated Vending Technologies) (PINKSHEETS: AVTC) (

AVT, a leading innovator in the Automated Retailing Industry, announced today that they have developed the world's first automated self-serve kiosk that allows consumers to "sell" their used games for instant on-the-spot cash or credit.

Using proprietary software and technology developed in-house by the AVT engineering team, the new kiosks utilize a continuously updated web-based database to give consumers the highest possible price for their games, based on current values, supply and demand.

The customer simply places the disk into the kiosk and the system then scans the disk for flaws, condition, type, and piracy, and offers a price to "purchase" the game. The customer can elect to receive either cash or a credit to his credit or debit card.

Retailers are expressing tremendous enthusiasm about the arrival of these new units, as they can open up new avenues of revenue -- with little cost, a small footprint, and low labor requirements. AVT expects the new units to start shipping in first quarter.

AVT is one of the world's leading providers of technology-based Automated Retailing Systems, and has solutions that include everything from small kiosks to large automated environments that can enhance or replace book stores, cosmetic counters, and gift shops.

For more information on AVT, visit AVT's Website at:, or call James Winsor, Chief Executive Officer and Chief Engineering Officer, at 951-737-1057.