Release Details

USA Technologies to Hold Annual Shareholder's Meeting on December 13th

December 5, 2005
USA Technologies to Hold Annual Shareholder's Meeting on December 13th

MALVERN, Pa.-December 5--USA Technologies (OTCBB: USTT) announced today that it will hold its Annual Shareholder's Meeting on December 13th at 10 a.m. eastern time at the Chester Valley Golf Club in Malvern, Pennsylvania.

Senior management will discuss plans for fiscal year 2006, and report on current performance and upcoming installations of its product line at many of America's leading companies.

"We are reaching a milestone moment in USA Technologies' evolution," said George R. Jensen, Jr, the Company's Chairman and CEO. "With sales starting to show rapid growth we look forward to sharing details of the relationships we have formed with many of the most recognized and widely admired companies in the country. Many of these companies already are customers, and many more soon will be using our products."

Management will also discuss how USA Technologies is introducing new and enhanced product lines to expand market opportunities for long term growth, driving higher margins and lowering expenses.

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.