Consumer retailers in the U.S. are striving to control costs in an environment of decreasing sales/margins and increasing costs/complications of labor. They are being forced by cash-strapped consumers to deliver more with less. This presents an historic opportunity for companies who provide solutions. Retail automation is a high growth market because it addresses the squeeze that customers and consumer retailers are experiencing. The retail automation market segment includes two market sectors; namely consumer-focused retail point of sale automation and consumer-retailer focused supply chain automation. Retail automation is key to the growth of the retail market because of its high quality service offerings. Focused on security, quality of service, and consumer- and retailer-focused value, Automated-X is carving a niche in this rapidly-growing market by providing comprehensive solutions in automated retail. Through QUICKflickUSA, Inc., our wholly-owned subsidiary, the Company has gained a strong entry into the highly attractive business of automated retail. The store-within-a-store concept helps retailers attract more consumers, control inventory, reduce costs, and market products in areas that would be otherwise unavailable. Automated-X plans to move aggressively into other high-growth convenience/price-driven retail automation opportunities.
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