USA Technologies Officially Launches as Cantaloupe, Inc.
New Corporate Identity Includes Ticker Change to “CTLP”
Company to Celebrate New Corporate Identity with Ringing of Closing Bell at Nasdaq
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Claw Machine (Photo: Business Wire)
The reimagined corporate identity is central to the Company’s vision to help the world buy it and go. Cantaloupe is firmly on a path to growth and industry leadership, defining how retailers can leverage technology to modernize and scale their business.
“Our launch as Cantaloupe represents the culmination of transformational change within the Company,” said
Consumers now expect the extraordinary. They demand ultimate flexibility, information at their fingertips, along with assurance their personal information and privacy are secure. The adoption of frictionless shopping and digital payments has dramatically accelerated due to events over the past year. Companies are now able to leverage technology to deliver the utmost convenience to consumers and transform their retail operations.
Cantaloupe is a technology and payments company that gives its customers scale and flexibility in their retail value chain. The Company is uniquely placed to be a partner for businesses that don’t have the resources to put an employee at every point-of-sale, want to enable a self-service experience and need a solution to manage their procurement-to-cash workflow. From ePort to Seed, our end-to-end solution is designed to enhance what all retailers – from vending operators, to restaurants, and traditional brands – need to operate more efficiently, as well as what they can offer their customers, despite constantly changing trends and market demands.
- Cantaloupe: https://cantaloupe.com/
- Blog: https://www.cantaloupe.com/blog/
- Resource Center: https://www.cantaloupe.com/resources/
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Sales and Partnership Inquiries:
All statements other than statements of historical fact included in this release, including without limitation Cantaloupe’s future prospects and performance, the business strategy and the plans and objectives of Cantaloupe's management for future operations, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “guidance,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions, as they relate to Cantaloupe or its management, may identify forward-looking statements. Such forward-looking statements are based on the reasonable beliefs of Cantaloupe's management, as well as assumptions made by and information currently available to Cantaloupe'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 Cantaloupe 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 Cantaloupe’s operations, financial condition and the demand for Cantaloupe’s products and services; the ability of Cantaloupe to predict or estimate its future quarterly or annual revenue and expenses given the developing and unpredictable market for its products; the ability of Cantaloupe to retain key customers from whom a significant portion of its revenues is derived; the ability of Cantaloupe to compete with its competitors to obtain market share; the ability of Cantaloupe to make available and successfully upgrade current customers to new standards and protocols; whether Cantaloupe'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 Cantaloupe; disruptions to our systems, breaches in the security of transactions involving our products or services, or failure of our processing systems; or other risks discussed in Cantaloupe’s filings with the
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