USA Technologies Adds 85th Patent to Technology Portfolio

  USA Technologies Adds 85th Patent to Technology Portfolio

Business Wire

MALVERN, Pa. -- April 04, 2013

USA Technologies, Inc. (NASDAQ: USAT) (“USAT”), a leader of wireless, cashless
payment and M2M telemetry solutions for small-ticket, self-serve retailing
industries, today announced that the U.S. Patent Office has granted USAT its
85^th patent, further extending USAT’s portfolio of intellectual property in
the area of cashless payment and remote diagnostics.

“This latest patent, which describes devices and methods for generating an
alert for a vending machine, is an example of how USAT has focused on
providing value-added diagnostics for our customers as part of our
comprehensive ePort Connect® cashless payment and telemetry service,” said
Stephen P. Herbert, USAT’s chairman and chief executive officer. “Our
customers, all traditionally cash-based businesses, are increasingly embracing
technology to help improve their business results and customer satisfaction.
As these customers move further into implementation of cashless payment,
remote data monitoring and consumer engagement services, we believe our IP
Portfolio offers them distinct added value.”

U.S. Patent #8,373,558 describes devices and methods for generating an alert
for a vending machine. It adds to a collection of USAT patents related to
cashless payment, remote audit and interactive transaction capabilities in a
vending machine accumulated by USAT as a market leader for cashless payment
and telemetry serving the small-ticket, unattended market.

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 retailing 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 85
patents; and has agreements with Verizon, Visa, Elavon, Isis and major
customers such as Compass, Crane, AMI Entertainment and others. Visit the
website at www.usatech.com.

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 USAT’s 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 any patents
issued to USAT will provide USAT with any competitive advantages or adequate
protection for its products; whether any patents issued to USAT would be
challenged, invalidated or circumvented by others; whether USAT's existing or
anticipated customers purchase, rent or utilize ePort devices or our other
products and services in the future at levels currently anticipated by USAT,
including appropriate diversification resulting from products and programs
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; 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
or, in the alternative, increase our cash resources through, among other
things, the sale of our securities. 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.

                                    G-USAT

Contact:

USA Technologies
Veronica Rosa
VP Corp. Comm. & Investor Relations
484-359-2138
vrosa@usatech.com