AVTECH Announces A Price Increase Effective May 9thWorldwide Conditions Create First Overall Price Increase In 22 Years
Warren, RI -- AVTECH Software Inc. (AVTECH): AVTECH will adjust prices slightly on most of their products effective Monday, May 9th, 2011. Worldwide economic conditions over the last couple of years have significantly influenced the availability of embedded components, production schedules at manufacturing facilities, and final delivery costs associated with all IT products. To date, AVTECH has been able to manage around most supply issues and absorb additional costs by creating greater operating efficiencies within other areas. However, with the recent natural disasters that occurred in Japan and rising fuel costs worldwide that have increased delivery expenses for products both pre and post manufacturing, AVTECH has no alternative other than to make some adjustments to the pricing of our core products. To add even greater stress on supply, demand for AVTECH products is rising month after month.
"This is the first price increase for AVTECH manufactured products in our 22 year history," says Elizabeth Bartosiewicz, marketing manager at AVTECH. "We work very hard to eliminate pricing as a concern for our customers and emphasize that the investment made in AVTECH products is typically recovered the very first time our Room Alert or TemPageR monitors alert them about a condition so that disasters can be averted." Customers seem to agree because almost 40% of daily sales are from repeat customers and AVTECH enjoys an 86.6% renewal rate on the optional 'Maintenance Support & Upgrade Service' (MSUS) to keep licensed products under warranty.
New list pricing will be effective Monday, May 9th, 2011 and appear first in the Products section of AVTECH.com, changing simultaneously on our store at EnvironmentMonitor.com. Customers with current quotes provided by AVTECH will enjoy price protection until the quote expires. Quotes can be obtained directly from AVTECH to extend price protection and an online 'Quote Request' form is available at AVTECH.com. The best option is to purchase now and save.
Valued AVTECH resellers around the world will enjoy price protection until June 6, 2011. This will allow resellers to preserve their price commitments to prospects and customers, allowing them to close business within the next 30 days at the most favorable pricing and purchase additional stock before new prices take effect. We recommend that resellers update their website, online pricing, price lists, literature, catalogs and inhouse CRM systems as soon as possible for a smooth transition.
As the leading manufacturer of IT & facilities physical environment monitoring products worldwide, with distribution in more than 100 countries, AVTECH remains proud that our manufacturing efficiencies have enabled us to maintain the lowest overall pricing in the industry year after year. At the same time, we are always striving to provide more value than the competition. We do this by continually working to increase product reliability, adding new features and functionality to our products, and backing Room Alert and TemPageR monitors with the best software and service possible. This helps AVTECH maintain the highest 'value ratio' among any of our competitors and has lead to continual growth and recognition. Our commitment to customers, resellers and business partners remains a core component of our ongoing marketing strategy. AVTECH appreciates the continued support of our valued customers, reseller and business partners... you are a large part of our ongoing success and we thank you.