AVT Reports Record Growth for 2006

Revenues from maintenance, service and training increased to $ 2 million in 2006, an increase of 49 percent over the previous year, reflecting the growing installed base of over 1,500 systems.

“These are gratifying results,” said Shlomo Amir, president and CEO, “and reflect our continued strategy of market focus, and R&D based on the real needs of printers and converters. The launch of the solution for sheet-fed applications was a result of this research and marked AVT’s entry into the sheet-fed market. During 2006, AVT’s ‘Leadership through Partnership’ strategy was vividly demonstrated at Labelexpo Americas, in Chicago, where AVT solutions were featured on the stands of eight OEM press and finishing equipment partners.