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Vol. 43, No. 10, October 2003
| 2003 NAMA Expo Spotlights Today's Key Vending Issues
Tim Sanford
WASHINGTON, DC - Critical subject areas at the intersection of marketing, public relations and government affairs will be spotlighted at the 2003 National Automatic Merchandising Association National Expo here. New technology and a spectrum of nuts-and-bolts topics important to vending, coffee service and foodservice operators also will be explored at the event, which is NAMA's 67th annual conference.
| | Cadrin Unveils 10-Select 'Xvend,' A Versatile Snack, Sundries Wallmount Merchandising Tool
Tim Sanford
LÉVIS, QC, Canada - Cadrin Machines, Inc. has announced the formal introduction of its "Xvend" multipurpose machine at the National Automatic Merchandising Association National Expo in Washington, DC. Combining a compact form factor with advanced technology, the "Xvend" is expected to find wide application in roles requiring convenient access to all sorts of small, shelf-stable items where space is at a premium.
| | Growing By Acquisition: The Worst Of Times Are The Best Of Times
Allan Z. Gilbert
The Best and the Brightest'In his inaugural VT column, Allan Z. Gilbert discusses how companies have bolstered profits and competitive posture by making strategic acquisitions to offset the effects of a sluggish economy'by Allan Z. Gilbert.
| | NAMA Lifetime Achievement Award Honors Trade Publishing Pioneer
Tim Sanford
In Memoriam: Victor Herbert Lavay, 1925-2003
WASHINGTON, DC - The National Automatic Merchandising Association will recognize the late Victor H. Lavay, cofounder of VENDING TIMES, for his half-century of service to the coin-operated industries. The presentation is scheduled for the annual membership meeting on the morning of Thursday, October 16, at the Washington Convention Center.
| | Vendors Ponder Cold Drink Sales Strategies To Optimize Diversity
Emily Jed
U.S.A. - The continuing proliferation of cold beverages, both traditional and alternative, during a period of economic sluggishness has encouraged operators to weigh the relative advantages of increasing variety to capture additional sales, and of controlling menu expansion in the interest of operational efficiency.
| | Online Game Tournaments Poised For Quantum Leap
Marcus Webb
U.S.A. - Members of the amusements industry hear a lot of talk about new products and new concepts "reaching critical mass." This crucial threshold is rarely defined with any precision. But whatever "critical mass" is, online video game tournaments appear to have reached it. More than 3,000 operators in North America presently administer online video game tournaments running on approximately 34,120 dial-up connected games.
| | Rowe Receives Court Approval: First Day Motions Grant Cash Collateral, DIP Financing And Sale Closing Date
Nick Montano
GRAND RAPIDS, MI - Rowe International announced that it has received approval from the U.S. Bankruptcy Court for the Western District of Michigan for a series of the company's "first day" motions. Following a hearing held on September 26, the court approved, among other things, motions related to DIP financing; the use of collateral cash; the bidding process; and deadlines for events and actions leading to the closing of the sale of Rowe on November 11.
| | Taz's Zepperi Enjoys Success With Rowe-Ecast Downloading Products
Marcus Webb
MECHANICSVILLE, NY - Tom Zepperi of Taz Amusements has strong opinions about the music business, and he's not afraid to share them. "This industry is stuck in the mud, and it's not because manufacturers fail to give us the proper tools , it's because operators don't keep up with the times in terms of technology and pricing," charges the 36-year industry veteran.
| | NBVA Executive Committee Announces Toy Safety Standard Proposal
Hank Schlesinger
LAS VEGAS - The executive committee of the National Bulk Vendors Association unanimously agreed to propose adoption of a Toy Safety Standard by the Board of Directors, which will consider the standard at its annual meeting in April 2004.
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