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Medbox and AVT Develop Secure, Automated Medicine Sample Dispenser for Doctor's Offices
Date:8/19/2013

CORONA, Calif., Aug. 19, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a technology leader in developing automated retailing systems, customized kiosks and micro-stores; and Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing consulting services and patented systems to the medical and retail industries, jointly announced the development of a new system that will improve the process of storing and dispensing prescription medicine samples in doctor's offices nationwide.

The Medbox "Sample Safe" was developed for Medbox by AVT, based on Medbox's patent pending design, and is for use in doctor's offices where samples of prescription medications are commonly misappropriated or not tracked. The unit offers precise inventory control through the use of biometric identification security, and an unalterable internal record keeping system.

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.

"Our partnership with Medbox has proved to be profitable for both companies," said Shannon Illingworth, Chairman and Founder of AVT, Inc. "We enjoy collaborating with them on new ideas, and now we have developed a remarkable system for Medbox that will gain us entry into the $25 billion market of medicine marketing," he added.

There are approximately 230,187 physician practices in the United States. That's more than the total number of grocery stores and McDonald's restaurants combined.

"The market is huge," said James Winsor, CEO of AVT. "Even a 1% market shar
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SOURCE AVT, Inc.
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