CHICAGO--(BUSINESS WIRE)--Automated-X, Inc. (OTC Pink: AUTX), a developer and integrator of next generation automation technologies, today announces seasoned retail and technology veteran Franz Kuehnrich will join the Board of Directors.
Mr. Kuehnrich, age 47, joins Automated-X with extensive experience at some of the world’s leading automated retail companies. Mr. Kuehnrich has successfully expanded several United States-based companies. As a co-founder of GetAMovie, LLC, he designed and developed an automated DVD vending system that was subsequently purchased by Redbox Automated Retail, LLC (“Redbox”) in 2005. He holds numerous patents as they relate to kiosk system development.
After the merger with Redbox, Mr. Kuehnrich continued with Redbox as the VP of Engineering and Technical Support until 2010 in order to manage the rapid expansion of the kiosk production. In this function, he created industry-leading technology and systems that allowed his team to control, with precision and efficiency, tens of thousands of kiosks from a central location.
Mr. Kuehnrich managed the production of kiosks to a level where Redbox was able to install, 24/7 for three years, an average of one kiosk per hour. By 2010, the expansion had reached 35,000 kiosks nationwide. In 2009, when Redbox was sold by McDonald’s to Coinstar, Redbox had grown from a handful of kiosks in 2004 to a company with over $1 billion in revenue.
Mr. Kuenrich has continued to shape the automated retail industry by focusing on the development and integration of new technology that enables consumers to interact in a natural and unobtrusive way, a commitment shared by Automated-X.
“As we seek to aggressively move Automated-X forward, I am proud to welcome such an experienced industry professional as Franz Kuehnrich to the Board. He has a deep understanding of the challenges and opportunities facing Automated-X today. Franz’s leadership, strategic vision and expertise in automated retail and technology will be a positive addition to our Board. We are confident that his diverse and broad experience, as well as his passion for leading high-performing teams, will propel Automated-X forward. I look forward to working with him,” commented Tim Regnier, President and COO.
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.
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