Release Details

MALVERN, PA - November 13, 2007 - USA Technologies (NASDAQ: USAT) announced today record revenue for the fiscal first quarter ended September 30, 2007. Revenue for the three months totaled $3,355,656, an increase of 67% compared with $2,008,897 for the corresponding three-months in fiscal year 2007.

Gross profit for the three months ended September 30, 2007 was $519,176 compared with $615,536 for the three months ended September 30, 2006. Gross profit was impacted by the Company's initiative to sell the e-Port G-6 to MasterCard at reduced margins to help accelerate adoption of cashless vending in the market.

During the fiscal 2008 first quarter, the Company's e-Port® revenue (equipment sales, activation fees, license and transaction processing fees) was approximately $2.3 million. This represents an increase of 156% versus e-Port revenue of $904,000 for the corresponding period in the previous fiscal year. This increase was largely due to higher sales of the Company's e-Port® G-6, including accelerating growth in license and transaction fees as the Company added more connections to its USALive® global network.

"We continue to see growing adoption of the e-Port® by leading companies across the country," said George R. Jensen, Jr., Chairman and Chief Executive Officer, USA Technologies. "Our partnership with MasterCard Worldwide is accelerating the adoption of cashless vending, and should enhance the Company's long-term profitability through the higher recurring revenue generated from a larger installed base. Coca-Cola Enterprises' recent decision to begin equipping its vending machines with USA Technologies' e-Port® G6 to accept MasterCard® PayPass? contactless payments, as well as traditional magnetic stripe credit card payments, is further validation that our e-Port cashless technology is opening up new growth opportunities in vending. With a strong balance sheet, growing revenue and expanding relationships with some of the most influential global companies, USA Technologies is well positioned for accelerated growth."

Some recent highlights include:

• Leading companies increase adoption of e-Ports®. MasterCard, USAT and CCE recently completed installation of 7,000 e-Ports nationwide.
• Growing Installed Base. As of today, the Company's Installed Base has reached 24,000 cashless terminals consisting of approximately 17,500 e-Port®, 1,300 Business Express®, and 5,200 e-Suds® terminals.
• Monthly e-Port installs hit new record. In October the Company installed 5,000 e-Ports - a significant record for the number of e-Ports installed in one month.
• Growing transaction processing. During quarter ended September 30, 2007, the Company processed 1.8 million transactions totaling $7.3 million as compared to approximately 650 thousand transactions totaling over $4.3 million during the quarter ended September 30, 2006.
• Completion of $15 Million Private Placement. As of October 31, 2007, the Company had $25 million of cash and cash investments.

With the exception of the historical information contained in this release, 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 product acceptance, the ability to continually obtained increased orders of its products, the ability to meet installation goals, economic, competitive, governmental impacts, whether its pending patents will be granted or defendable; validity of intellectual property and patents of USA, the ability of USA to license its patents, the ability of USA to commercialize its developmental products, technological and/or other factors, which could cause actual results or revenues to differ materially from those contemplated by these statements.