Market Overview

Admiral Beverage Selects USA Technologies for Cashless Payments and Seed Logistics Software


Admiral Joins Growing List of Pepsi Bottlers on ePort Connect Service

USA Technologies, Inc. (NASDAQ:USAT) ("USAT"), a premier digital
payment, consumer engagement and logistics service provider for the
self-service retail market, today announced that Admiral Pepsi, one of
the largest privately-held bottlers for Pepsi-Cola products in North
America, signed a multi-year agreement for USAT's ePort Connect Service.
The agreement includes deployment of the ePort cashless payment system
on nearly 6,000 machines in addition to the Seed Pro logistics software.
The complete end-to-end enterprise solution would enable Admiral to
provide cashless payments, improve customer service and route efficiency
and reduce the company's carbon footprint.

Admiral Beverage and affiliated companies have been quenching the thirst
of the Pepsi generation for more than 50 years. The Company employs over
1,600 employees with 35 facilities operating in an eight-state region,
producing 48 flavors and brands in bottles and cans.

"Admiral Beverage is dedicated to meeting the needs of the accounts by
providing superior products and service," said sources at Admiral
Beverage. "USAT helps to fulfill this mission by providing a better
consumer experience, offering consumers at those accounts new payment
options like credit, debit and mobile, as well as ensuring we keep our
machines stocked and full of the products in demand. The Seed Pro
software has the dual benefit of also increasing operational
efficiencies for Admiral. The increase in customer satisfaction,
projected increase in revenue and decrease in operating costs make this
a triple win for our company. We are looking forward to quickly
deploying the full suite of USAT's services and enjoying the benefits of
the single platform that they offer."

"Admiral's reputation for superior service and dedication to innovation
made them a perfect candidate for implementing both USAT's cashless and
the back-office services," said Anant Agrawal, EVP Corporate
Development, USA Technologies. "They have recognized for some time that
an investment in technology would be an integral part of the company's
future, but had been unsure of who to partner with long-term on this
important project. We are proud that Admiral selected USAT for both
their cashless payments and their back-end management system and we are
looking forward to working together on deploying our technology and
ensuring Admiral continues to stay at the forefront of their industry."

Admiral Beverage represents a new customer for USA Technologies and
joins Pepsi
Bottling Ventures
as another significant partnership in the Pepsi
Bottling organization.

USAT's industry-leading ePort cashless payment system brings reliable,
secure, and proven cashless payments to its customers' machines. Seed
Pro is a patented, cloud-based analytics system that delivers
easy-to-use dynamic scheduling, accurate pre-kitting, smart alerts, and
optimized merchandising.

About USA Technologies

USA Technologies, Inc. is a premier payment technology service provider
of integrated cashless and mobile transactions in the self-service
retail market. The company also provides a broad line of cashless
acceptance technologies including its NFC-ready ePort® G-series, ePort
Mobile® for customers on the go, ePort® Interactive, and QuickConnect,
an API Web service for developers. Through its recent acquisition
of Cantaloupe Systems, Inc. ("Cantaloupe"), the company also offers
logistics, dynamic route scheduling, automated pre-kitting, responsive
merchandising, inventory management, warehouse and accounting management
solutions. Cantaloupe is a premier provider of cloud and mobile
solutions for vending, micro markets, and office coffee services.

Useful Links:

USA Technologies:

Sales and Partnership Inquiries:
Please contact USA
Technologies, Inc. at +1 800.633.0340 or

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 the business
strategy and the plans and objectives of USAT's management for future
operations, 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, the ability of USAT to predict future market conditions
and consumer behavior; and the possibility that all of the expected
benefits and efficiencies from cashless payment services, including
increases in revenue and decreases in operating costs, will not be
realized by all vending operators and on all vending machines or within
the expected time period. 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.


View Comments and Join the Discussion!