Release Details

Added Feature Enables Enhanced Visualization for New Locations and Insight into Which Routes to Consolidate

MALVERN, Pa.--(BUSINESS WIRE)--Apr. 22, 2020-- USA Technologies, Inc. (OTC: USAT) ("USAT"), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, today announced the integration of its new mapping capabilities for route scheduling located inside of Seed, the company’s logistics optimization software. This new feature has the ability to give customers much more comprehensive insight into routes and scheduling, as well as the ability to better plan for new business and additional machines.

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Mapping in Scheduling for Seed for a 360 degree view of unattended locations in the field. (Graphic: Business Wire)

“In today’s fast-paced business environment, our customers really need to have a vending management system that gives them a 360-degree view of their business,” said Paul Stadler, Vice President of Product Management, USA Technologies. “We enhanced our Seed Platform to give operators the ability to better manage routes, schedules and locations, through a visualized mapping feature. Essentially, we are taking the guesswork out of where a new stop should be, how to get there, and how it fits into the current delivery schedule. This results in the continuous optimization of our customers’ business, increased route efficiency and a decrease in the costs associated with running those routes.”

Mapping in Scheduling for Seed may provide a wholistic view of the geography in a specified area, which the company believes makes it easier to add, consolidate and optimize stops on a delivery route. Customer feedback indicates that this is a particular pain point for operators with multiple locations in a widely distributed area. By adding Mapping in Scheduling for Seed, users should be able to truly envision which routes can be combined, and where new stops can be added. This has the potential to create a cost benefit as sparsely populated, or vast geographies can be consolidated with existing routes to decrease operational costs. In addition, Mapping in Scheduling for Seed may help speed up training for schedulers who are new to a region or delivery route.

Key Points:

• Better visualization of which routes could potentially be consolidated
• Faster training for schedulers that are new to an area
• Leverage filter options to visually analyze and compare routes
• Quickly determine which route a new location should be added to

Mapping in Scheduling for Seed is available for all Seed software products, with the exception of Seed Cashless Plus. Please contact your sales representative for additional information or visit https://www.usatech.com/maps-in-scheduling/.

About USA Technologies, Inc.
USA Technologies, Inc. is a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market. With more than one million connections worldwide, USAT is transforming the unattended retail community by offering one solution for payments processing, logistics, and back-office management solutions. The company’s enterprise-wide platform is designed to increase consumer engagement and sales revenue through digital payments, digital advertising and customer loyalty programs, while providing retailers with control and visibility over their operations and their inventory. As a result, customers ranging from vending machine companies, to operators of micro-markets, car charging stations, laundromats, kiosks, amusements and more, can run their businesses more proactively, predictably, and competitively.

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Sales and Partnership Inquiries:
Please contact USA Technologies, Inc. at +1 800.633.0340 or sales@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, including without limitation the business strategy and the plans and objectives of USAT's management for future operations, 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 the incurrence by USAT of any unanticipated or unusual non-operational expenses which would require us to divert our cash resources from achieving our business plan; the uncertainties associated with COVID-19, including its possible effects on USAT’s operations and the demand for USAT’s products and services; uncertainties resulting from, among other things, quarantines of employees, customers, consumers, and suppliers, travel restrictions, reduced consumer spending, and closures of customer locations, manufacturing facilities, warehouses and logistics supply chains, associated with COVID-19; USAT’s ability to efficiently and flexibly manage its business amid uncertainties related to COVID-19; uncertainty around the duration of the COVID-19 virus’ impact; whether USAT would realize all or a substantial portion of the anticipated cost savings resulting from the new transaction processing agreement due to unusual or unanticipated causes or events or otherwise; the ability of USAT to retain key customers from whom a significant portion of its revenues is derived; the ability of USAT to compete with its competitors to obtain market share; whether USAT's customers continue to utilize USAT's transaction processing, route scheduling, inventory management, and related services, as our customer agreements are generally cancelable by the customer on thirty to sixty days' notice; the risk associated with the currently pending litigation or possible regulatory action arising from the internal investigation and its findings, from the failure to timely file USAT’s periodic reports with the Securities and Exchange Commission, from the restatement of the affected financial statements, from allegations related to the registration statement for the follow-on public offering, or from potential litigation or other claims arising from the shareholder demands for derivative actions; whether the listing application for USAT’s securities which has been filed by USAT with The Nasdaq Stock Market LLC will be granted or granted in a timely manner; or whether USAT's existing or anticipated customers purchase, rent or utilize ePort or Seed devices or our other products or services in the future at levels currently anticipated by USAT. 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

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USAT Media Contact:
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Source: USA Technologies, Inc.