USA Technologies Inc. (NASDAQ:USAT), a leading provider of energy
management technology designed to reduce the cost and environmental
consequence of running everyday devices such as vending machines and
coolers, announced today the launch of its eCommerce system for
purchasing its EnergyMiser line of products.
The Company’s VendingMiser, CoolerMiser,
PlugMiser, VM2IQ and CM2IQ are now available for purchase online from
their website www.usatech.com
through the store link: https://store.usatech.com.
These products can still be purchased through traditional sales channels
and approved resellers.
“This year our energy sales are trending
approximately 35 percent higher over last year. Our new online store was
developed in response to growing global demand of our products. We want
to give our customers the ability to purchase our popular energy
products in whatever way they feel most comfortable, whether it be
online, through a reseller in their area, or by speaking with one of our
sales representatives directly,” said Mike
Lawlor, Vice President of Sales and Business Development. “Today’s
tech-savvy customers expect to be able to purchase the products they
need online, at any time, day or night. The new online EnergyMiser store
enables store owners, vending operators, hotels and any location with a
vending machine, cooler, or other energy-dependant device, to make their
purchases online, quickly and conveniently, and at no additional cost.”
The EnergyMiser product line is "plug-and-play" technology that begins
saving power immediately, reduces the cost of operating vending
machines, coolers and other electronic devices and C02 emissions by up
to 46 percent.
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:
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 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.
USA Technologies Inc.
George Jensen, Chairman & CEO
800-633-0340
or
Stephen
P. Herbert, President & COO
800-633-0340
sherbert@usatech.com
or
Investor
Relations
Porter, LeVay & Rose
Marlon Nurse,
212-564-4700