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Microcap & Penny Stocks : USA Technologies
USAT 10.56-0.2%Oct 30 4:00 PM EDT

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From: JakeStraw2/26/2014 8:07:26 AM
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USA Technologies Adds AirVend to Menu of POS Technologies Supported on ePort Connect Service Platform
finance.yahoo.com

USAT Becomes AirVend’s Preferred Service Provider for Self-Serve Retail Applications

“In today’s fast-paced technology environment, we believe it’s important that our customers have choice,” said Stephen P. Herbert, USAT’s chairman and chief executive officer. “AirVend, as the latest addition to the variety of POS technologies we support on our ePort Connect service platform, meets the needs of customers asking for electronic media/content services, especially around nutritional information. It’s a great example of USAT’s commitment to an open and flexible service platform that delivers great overall value to our customers.”

Lance Ellsworth, AirVend’s co-founder and executive vice president of business development, stated, “We are excited to offer the market this great combination of AirVend’s innovative touchscreen POS technology and USAT’s best-in-class ePort Connect service. By using the AV 5 or AV 7, we believe vending operators will be able to future proof their business. For starters, operators will be better prepared to comply with proposed federal regulations for displaying nutritional information about products. They will also be able to offer advertisements and, in the future, participate in other promotional capabilities that, in our view, can enhance their lives and the lives of their customers.

“At the same time, we are now able to strengthen our go to market approach by incorporating the benefits of USAT’s well-respected ePort Connect service platform,” continued Ellsworth. “We look forward to working with USAT and already have customers beginning the process of transitioning to USAT’s ePort Connect service.”
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