(USAT) to Exhibit at The Atlantic Coast Exposition 2015, Booth #205
USA Technologies, Inc. (NASDAQ:USAT), a leader of wireless, cashless payment and M2M/IoT solutions for small-ticket, self-serve retailing industries, will be attending the Atlantic Coast Exposition ( ACE) at the Embassy Suites Hotel at Kingston Plantation in Myrtle Beach, SC. ACE 2015, which takes place October 8 – 10th, addresses the growing vending, office coffee and food service industry. The company will be showcasing its latest cashless payment solutions at booth #205.
USAT provides the industry’s most wide-ranging suite of services designed to connect the self-serve retail business to more sales, better operating data and stronger consumer relationships. The Company will be demonstrating its ePort Connect® technology, its premier NFC-enabled cashless payment and telemetry solutions, as well as the latest mobile technologies platform integration.
“There is a growing need for cashless solutions in the unattended retail market,” said Cecil Ledesma, VP of Regional Account Sales for USA Technologies. “With the continued adoption of mobile payments and increased credit and debit card use, there is a true need for technology infrastructure that addresses cashless payments and accepts mobile payment alternatives such as Apple and Android Pay. We will be showcasing our complete portfolio for the self-serve market.”
As part of the company’s visit to South Carolina, USA Technologies made a $2500 donation to the American Red Cross on behalf of flood victims in South Carolina.
Useful Links:
USA Technologies: https://usatech.com/
Twitter: https://twitter.com/usa_tech
YouTube: https://www.youtube.com/watch?v=OR-WnaPDAd4
Resource Center: https://usatech.com/resource-center/the-benefits
Sales and Partnership Inquiries:
Please contact USA Technologies, Inc. at +1 800.633.0340 or sales@usatech.com.
About USA Technologies:
USA Technologies is a leader of wireless, cashless payment and M2M telemetry flagship service platform, a PCI-compliant, end-to-end suite of cashless payment and telemetry services specially tailored to fit the needs of small ticket, self-service retailing industries. USA Technologies also provides a broad line of cashless acceptance technologies including its NFC- ready ePortG-series, ePort MobileTM for customers on the go, and QuickConnect, an API Web service for developers. USA Technologies has been granted 87 patents; and has agreements with Verizon, Visa, Chase Paymentech and customers such as Compass and others. Visit the website at www.usatech.com.
Forward-looking Statements:
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: All statements, other than statements of historical fact included in this release, are forward-looking statements. When used in this release, words such as “anticipate”, “believe”, “estimate”, “expect”, “intend”, and similar expressions, as they relate to USAT or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of USAT’s management, as well as assumptions made by and information currently available to USAT’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, business, financial market and economic conditions; the possibility that a customer would fail to or delay deploying cashless technologies in all of their point of sale locations; whether our suppliers would increase their prices, reduce their output or change their terms of sale which could, among other things, reduce the number of connections; whether USAT’s customers continue to utilize USAT’s transaction processing and related services, as our customer agreements are generally cancelable by the customer on thirty to sixty days’ notice; the extent to which USAT’s 2015 Cashless Knowledge Base is predictive of future market conditions, customer and consumer behavior, average ticket prices and cashless sales across all of USAT’s customer locations; the possibility that all of the expected benefits from adoption of cashless payment will not be realized by all vending operators, or will not be realized within the expected time period; and whether, and to what extent, mobile payment technologies have resulted in, and will result in, increased cashless usage and business growth for customers; and the ability of USAT to accurately predict future market conditions and customer behavior. Readers are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statement made by us in this release speaks only as of the date of this release. Unless required by law, USAT does not undertake to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.
G-USAT
Media:
ANW Networks
Alicia V. Nieva-Woodgate, +1 415.515.0866
alicia@anwnetworks.com
or
Emily F. Porro, +1 347.960.3603
emily@anwnetworks.com
or
Investors:
Blueshirt Group
Michael Bishop, +1 415.217.4968
mike@blueshirtgroup.com
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