--(www.USEquityNews.com)-- 09/12/2008 - Business Services industry alert provided by U.S. Equity News. USA Technologies Inc. (NASDAQ:USAT), recently released details of the most comprehensive vending research it has conducted, showing that vending machines equipped to accept debit and credit cards have dramatically changed consumer-purchasing habits. The research examined 3,000 vending machines located on college and university campuses and military bases over a six month period. The results demonstrated that adding a credit/debit purchasing alternative significantly increases business. The research found that vending machines at colleges and universities that added credit and debit to capture the new business opportunity are experiencing up to 50 percent credit and debit sales, while vending machines on military bases had up to 63 percent credit and debit sales. "The research that we have done in the college and university market shows that students have a preference for using credit and debit in vending. We have seen similar results with military, healthcare, travel and entertainment accounts," said Mike Lawlor, Vice President of Sales and Business Development, USA Technologies. "We are now working with major card companies, bottlers and vending machine companies to give the market what it wants, and this research increasingly confirms that they want credit and debit alternatives."
Griffin Land & Nurseries, Inc. (Nasdaq: GRIF; "Griffin") announced recently that its real estate division, Griffin Land, had signed a lease agreement with an affiliate of Raymour and Flanigan to lease Griffin Land's 308,000 square foot warehouse in Manchester, Connecticut. The lease is for a term of seven years. In addition to other customary terms, the lease agreement includes an option, with certain conditions, exercisable by Griffin Land, for Griffin Land to sell the property to the lessee, and another option, exercisable by the lessee to purchase the property from Griffin Land during different three year periods at an agreed upon price. The lease is expected to start in September. Griffin operates its real estate business, Griffin Land, and Imperial Nurseries, Inc., its landscape nursery business. Griffin also has investments in Centaur Media, plc, a public company based in the United Kingdom and listed on the London Stock Exchange, and Shemin Nurseries Holdings Corp., a private company that operates a landscape nursery distribution business through its subsidiary, Shemin Nurseries, Inc.
TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (OTC BB:TCHH.OB) recently confirmed it has engaged Brama Media to update the look and feel of the Trustcash website. Brama Media is a marketing and advertising agency located in Los Angeles, California, that focuses on brand development and marketing communications.