SALT LAKE CITY--(BUSINESS WIRE)--Automated-X (OTC Pink:AUTX) today announced that it has moved its corporate headquarters to Chicago, Illinois from its previous location in Houston, Texas. The new location will house corporate functions including sales and marketing, program management, customer support and administration.
“This move will strengthen our ability to better serve customers and position the Company for sustainable, long-term growth. It will enhance our ability to attract and retain new key personnel based closer to the Chicago area. As our business has steadily grown, we knew this would come as a natural step. The new location will enable efficiencies, helping us to become a more dynamic, innovative and successful organization,” commented Tim Regnier, President and COO.
Last year Markets and Markets reported that the global retail automation market is expected to reach up to $973.67 billion by 2018, at an estimated CAGR of 13.09% from 2013 to 2018. Advanced technology and presence of numerous automated products in the retail automation market are creating better services in the industry, also serving as the strongest driver for the global market. The industry is poised to witness healthy growth in terms of compound annual growth rate, revenue, trends and business expansions across different parts of the world.
About Automated-X, Inc.
Automated-X, Inc. (OTC Pink: AUTX), formerly Interline Resources Corp., develops and integrates next-generation automated technologies into retail store environments and other areas of application where efficiency is improved through automation. The Company intends to take a leading role in automated retail to constantly raise the bar with state-of-the-art convenience, security, and laborsaving technologies. It intends to eventually expand its kiosk offerings in other retail growth sectors, including other automated technology systems focused on convenience and price-driven automation opportunities. For more information, visit www.automated-x.com.
This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or other similar expressions. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic filings with OTC Markets and available on its website at http://www.otcmarkets.com. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under applicable securities laws, the Company does not assume a duty to update these forward-looking statements.