USA Technologies Announces Results of Annual Meeting of Shareholders

  USA Technologies Announces Results of Annual Meeting of Shareholders

                   Shareholders Re-Elect Board of Directors

Business Wire

SALT LAKE CITY -- June 21, 2013

USA Technologies, Inc. (NASDAQ: USAT), a leader of wireless, cashless payment
and M2M telemetry solutions for small-ticket, self-serve retailing industries,
today announced the results of its Annual Meeting of Shareholders, held
earlier today in Salt Lake City, Utah.

At the meeting:

  *all USA Technologies’ directors (Deborah G. Arnold, Steven D. Barnhart,
    Joel Brooks, Stephen P. Herbert, Albin F. Moschner, Frank A. Petito III,
    Jack E. Price, William J. Reilly, Jr., and William J. Schoch) were
    re-elected for an annual term;
  *USA Technologies’ 2013 Stock Incentive Plan was approved;
  *USA Technologies’ advisory vote on named executive officer compensation
    was approved, and shareholders voted on an advisory basis to hold such
    advisory vote every one year; and,
  *the appointment of McGladrey LLP as the independent registered public
    accounting firm of USA Technologies for fiscal year ending June 30, 2013
    was ratified.

In addition, USA Technologies’ Chairman and Chief Executive Officer, Stephen
P. Herbert, provided an overview of USAT’s progress against its key growth
platforms—accelerating adoption within its existing base of over 4,500
customers; expanded distribution and sales reach, including its new
relationship with Betson Enterprises that targets the coin-operated amusement
and gaming market; expansion into other vertical markets, such as USAT’s
recent announcement with Setomatic Systems; and, new consumer engagement
services designed to enable customers to leverage the benefits of loyalty and
other services to differentiate their brand. Interested parties may view the
slide presentation on the investor relations section of USA Technologies’
website, under Events and Presentations.

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
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 and customers such as
Compass, Crane, AMI Entertainment and others. Visit the website at
www.usatech.com.

                                    G-USAT

Contact:

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