USA Technologies Expands Distribution Arm to $4.7 Billion U.S. Amusement Industry

  USA Technologies Expands Distribution Arm to $4.7 Billion U.S. Amusement

   Betson Enterprises Appointed Authorized Distributor of USA Technologies’
               Cashless Payment Services to Amusement Operators

Business Wire

MALVERN, Pa. & CARLSTADT, N.J. -- February 27, 2013

USA Technologies, Inc. (NASDAQ: USAT) (“USAT”), a leader of wireless, cashless
payment and M2M telemetry solutions for small-ticket, self-serve retailing
industries and Betson Enterprises, a division of H. Betti Industries, Inc.
(“Betson”), a leading worldwide distributor of coin-operated amusement and
vending equipment, coin-operated parts and service, today announced a national
distribution agreement designed to expand the use of cashless payment within
the amusement industry.

Betson, with 12 distribution offices across the United States, represents the
industry’s leading designers and manufacturers of amusement games. Subject to
the terms of the three year agreement, Betson will serve as an authorized
distributor of USAT’s ePort® for cashless payment and data reporting services,
including exclusive use of USAT’s ePort Connect® service in conjunction with a
customer’s ePort.

According to Vending Times’ 2012 Census based on 2011 data, the amusement
vending industry, which includes categories such as video games, digital
jukeboxes, electronic dart boards, ticket redemption arcade games and prize
dispensing games, is a $4.67 billion industry with approximately 1 million
machine locations.

“We are excited to be launching this new distribution relationship with USAT,”
said Betson’s vice president of sales and business development, Jonathan
Betti. “In our view, there is a tremendous amount of potential to improve
business performance in the amusement industry by offering cashless payment.
Similar to the way advances in technology and programming have altered the
user experience and demographics in the amusement industry, we believe USAT’s
cashless payment and data reporting can provide another powerful boost to the

“The growing appeal of cashless payment alternatives and the data reporting
element available through USAT’s ePort Connect service should support broader
market appeal and greater returns for amusement operators,” added Betti.
“Players of high-end prize redemption games, digital jukeboxes, simulators and
high volume plush toy merchandisers (crane machines) are a great match for the
convenience of cashless payment. No more wrestling with the bill acceptor or
searching for more coins in your pocket. In addition, amusement operators can
benefit from the increased play cashless should facilitate while also reducing
the inherent costs of handling cash,” said Betti.

USAT’s ePort cashless payment system is supported by its one-stop ePort
Connect service—a PCI-compliant, comprehensive suite of cashless payment,
telemetry and consumer engagement services specially tailored to fit the needs
of the unattended, small-ticket retailing industry. ePort Connect enables
self-service terminals to accept credit, debit, contactless cards and other
cashless forms of payment and includes all elements of transaction processing,
24 x 7 customer service and online tracking of cash and cashless transactions.

“Betson is the gold standard for distribution in the amusement industry,” said
Michael Lawlor, USAT’s senior vice president of sales and business
development. “We believe their reputation and nationwide reach will be a
facilitator to our anticipated growth platform as we continue to extend our
reach beyond traditional vending to new market segments in small-ticket,
unattended retail. We look forward to working with Betson in this exciting new

Betson Enterprises

Betson Enterprises, headquartered in Carlstadt, New Jersey, is a division of
H. Betti Industries. With 12 distribution offices nationwide, Betson
Enterprises is the leading worldwide distributor of coin-operated amusement
and vending equipment, OCS solutions, coin-operated parts, and service in the
United States. Betson Enterprises, with over 75 years of experience and
leadership in the coin-operated industry, offers entertainment and vending
solutions for businesses through their strong relationships with the operator
community. For more information on Betson Enterprises, visit,
email us at or just call 1-800-524-2343.

About USA Technologies:

USA Technologies is a leader of wireless, cashless payment and M2M telemetry
solutions for small-ticket, self-serve retailing industries. ePort Connect® is
the company’s flagship service platform, a PCI-compliant, end-to-end suite of
cashless payment and telemetry services specially tailored to fit the needs of
the small ticket, self-service retail industries. USA Technologies also
provides a broad line of cashless acceptance technologies including its
NFC-ready ePort® G8, ePort Mobile™ for customers on the go, and QuickConnect™,
an API Web service for developers. USA Technologies has been granted 84
patents; and has agreements with Verizon, Visa, Isis, Elavon and major
customers such as Compass, Crane, AMI Entertainment and others. Visit the
website at

Forward-looking Statements:

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: All statements other than statements of historical fact included in this
release, including without limitation anticipated growth and business
strategy, are forward-looking statements. When used in this release, words
such as "anticipate", "believe", "estimate", "expect", "intend", and similar
expressions, as they relate to USAT or its management, identify
forward-looking statements. Such forward-looking statements are based on the
beliefs of USAT’s management, as well as assumptions made by and information
currently available to USAT’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 whether USAT’s
existing or anticipated customers purchase, rent or utilize ePort devices in
the future at levels currently anticipated by USAT, including appropriate
diversification resulting from sources other than our Jumpstart Program; the
ability of USAT to retain key customers from whom a significant portion of its
revenues is derived; whether USAT’s customers would continue to add additional
connections to our network in the future at levels currently anticipated by
USAT; the ability of USAT to compete with its competitors to obtain market
share; whether USAT’s customers continue to utilize USAT’s transaction
processing and related services, as our customer agreements are generally
cancelable by the customer on thirty to sixty days’ notice; the ability of
USAT to obtain widespread commercial acceptance of its products; the ability
of USAT to raise funds in the future through the sales of securities in order
to sustain its operations if an unexpected or unusual non-operational event
would occur; and the incurrence by us of any unanticipated or unusual
non-operational expenses, such as in connection with a proxy contest, which
would require us to divert our cash resources from achieving our business
plan. Readers are cautioned not to place undue reliance on these
forward-looking statements. Any forward-looking statement made by us in this
release speaks only as of the date of this release. Unless required by law,
USAT does not undertake to release publicly any revisions to these
forward-looking statements to reflect future events or circumstances or to
reflect the occurrence of unanticipated events.


Photos/Multimedia Gallery Available:



USA Technologies
Veronica Rosa
VP Corp. Comm. & Investor Relations
H. Betti Industries, Inc.
Brian Murphy
Marketing Director
Press spacebar to pause and continue. Press esc to stop.