Dave and Buster's First to Use e-Port(R) Cashless Transaction Technology in Games Arcades and Family Centers and Restaurants; USA Technologies Expands Leadership in Driving New Unattended Point-of-Sale Opportunities.MALVERN, Pa. -- USA Technologies' (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :USAT USAT USA Today (newspaper) USAT USA Triathlon USAT Ultra Small Aperture Terminal USAT United States Army Transport USAT United States Archery Team USAT Universal SIM Application Toolkit USAT United Savings Association of Texas ) e-Port cashless transaction technology is expanding into the games arcades and family entertainment and restaurant business. The Company announced today that e-Port equipped vending machines vending machine, coin-operated, automatic device for selling goods. Many vending machines are capable of making change, and some of the more sophisticated ones accept paper money or credit cards. were operating in 48 Dave and Buster's Games Arcades and Restaurants nationwide, opening up new unattended point-of-sale opportunities for the unique wireless swipe card swipe card n. A plastic card with a magnetic strip containing encoded data that is read by passing the card through a usually slotted electronic device, used especially to make electronic transactions and to provide access to restricted or secure areas. technology. The e-Port devices were deployed by Universal Vending Management, a distributor of USA Technologies cashless transaction product line and USALive(R) Network and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . "Dave and Buster's has taken the lead in retail automation by investing in e-Port to give their customers the ease and convenience of purchasing items from vending machines with their credit or debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. ," said Jason Katz, National Accounts Manger manger cattle trough which served as crib for Christ. [N.T.: Luke 2:7] See : Nativity , of Universal Vending Management. "We are delighted that our team was able to facilitate this collaboration between Dave & Buster's and USA Technologies," said Bruce Lipkin, President/CEO, Universal Vending Management. "Our team coordinated the distribution of the e-Port equipment and vending equipment to the restaurants in record time." "The Dave and Buster's deployment is further evidence of USA Technologies driving its wireless activated Internet technology deeper into the unattended point-of-sale market," said Wendy Jenkins, Vice President of Marketing, USA Technologies. Dave and Buster's is using the versatility of the e-Port to dispense Dave and Buster's branded t-shirts priced at $10 and more from vending machines in all of their arcades and restaurants. "We believe this is just the beginning of many more POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale opportunities opening up as networking spreads to every industry, and especially in games arcades and family centers," said Ms. Jenkins. "As games machines grow more computerized, the cost of playing the game increases, and we anticipate operators will offer their customers the option of paying with credit or debit cards as well as traditional cash or tokens to give them competitive advantage in this very competitive business," she said. USA Technologies is rapidly emerging as a leader in bringing cashless transaction capability to an expanding range of unattended POS with special focus on micro transactions between $1.00 and $25.00. The e-Port transaction and network technology is already activating the Company's e-Suds(TM) online laundry service, its Business Express(R) office centers in hotels including the new wall-mounted PC Express(R), golf ball dispensing machines at driving ranges, mobile security shredding shred n. 1. A long irregular strip that is cut or torn off. 2. A small amount; a particle: not a shred of evidence. tr.v. stations, and vending machines that dispense food and snacks, health and beauty items, cellular phones and phone cards, CDs, DVDs, clothing and footwear. e-Port is also activating Sony kiosks that develop digital photographs. "Games arcades and family centers are ideal for e-Port as more games machines are network connected, giving operators more control over operation, performance, maintenance and security," said Ms. Jenkins. "A cashless, networked system will allow operators the ability to leave the machines unattended, operating for longer periods, lower labor costs, and improve efficiency," she said. Dave and Buster's is one of the biggest operators of family games arcades and family center restaurants in America. 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. USA Technologies is an IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Business Partner. The Company has marketing agreements with Cingular Wireless, Honeywell, Blackboard, and ZiLOG Corporation. For further information on USA Technologies, please visit www.usatech.com Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and : With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to, the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for its energy management products , the ability to obtain new customers and the ability to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion