Release Details

USA Technologies Announces Availability to Customers of ePort EDGE

June 1, 2009

MALVERN, Pa., Jun 01, 2009 (BUSINESS WIRE) -- USA Technologies, Inc. (NASDAQ:USAT) announced today its ePort EDGE(TM) product is available to be shipped to customers.

"Priced at $199, the ePort EDGE is intended to allow our customers to implement cashless transactions with less up-front cost," said Mr. Stephen P. Herbert, President and COO, USA Technologies. "The ePort EDGE is positioned to offer cashless solutions at a fraction of the typical investment."

The EDGE is an all-in-one device equipped with enhanced features, including faster credit and debit card authentication, a simplified, one-piece design for faster install, and flexibility for application in markets beyond vending.

"We continue to focus on our customer's needs in order to attempt to bring them the best products and services to help them grow their business," said Mr. Herbert. The ePort EDGE represents a "slimmed down" design built on a hardware and software platform that provides a range of features that include:

  • One-piece design (card reader and processor combined) that enable magnetic swipe card transactions;
  • Faster transaction processing delivered by a more powerful processor;
  • Over-the-Air (OTA) Update capability that allows changes to be made to codes and encryption remotely, by wireless, overcoming the need of visiting each terminal to make the changes.

For customers looking for more consumer payment flexibility, the ePort G8 is available. The ePort G8 accepts payment via contactless cards, NFC enabled cell phones and key fobs.

The Company's ePort, eSuds and other payment devices are installed in approximately 48,000 locations across the U.S. and Canada, and the related USALive network has processed more than 35 million transactions since July 2006.

Visit http://www.usatech.com/eport/hardware.php for more information on ePort EDGE and ePort G8.

About USA Technologies:

USA Technologies is a leader in the networking of wireless non-cash transactions, associated financial/network services and energy management. USA Technologies provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. The Company has agreements with AT&T, Honeywell, Blackboard, MasterCard and others. For further information on USA Technologies, please visit www.usatech.com. To view a Company overview presentation, visit http://www.usatech.com/company_info/dl/USAT_company_overview.pdf

Statement under the Private Securities Litigation Reform Act:

The matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to, ability to reduce operating costs in the future as anticipated, ability to maintain the gross margins in the future as anticipated, product acceptance, the ability to continually obtained increased orders of its products, the ability to meet installation goals, economic, competitive, governmental impacts, whether pending patents will be granted or defendable, validity of intellectual property and patents, the ability to license patents, the ability to commercialize developmental products, as well as technological and/or other factors.

SOURCE: USA Technologies, Inc.

USA Technologies
George Jensen, Chairman & CEO
800-633-0340
or
Stephen P. Herbert, President & COO
800-633-0340
sherbert@usatech.com

Investor Relations
Porter, LeVay & Rose
Marlon Nurse, Vice President
212-564-4700

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