CBS Television Features USA Technologies in Special Report on Cashless Vending
Philadelphia Nation's First City Targeted to Offer Credit/Debit Card Vending
MALVERN, Pa, July 10, 2006 -- CBS Television has featured USA Technologies (OTC Bulletin Board: USAT) in a special report on cashless vending. CBS Emmy Award-winning business reporter, Jim Donovan, interviewed George R. Jensen, Chairman and CEO of USA Technologies. He reported on Friday how Philadelphia has become the first city in the nation to roll out cashless vending en mass, using USA Technologies' cashless payment technology, MasterCard's PayPass, and Coca-Cola's vending machines. "You simply swipe your credit or debit card and you're ready to go," he reports. To access the full report, visit CBS 3.
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product acceptance, the ability to continually obtained increased orders of its products, the ability to meet installation goals, economic, competitive, governmental impacts, whether its pending patents will be granted or defendable; validity of intellectual property and patents of USA, the ability of USA to license its patents, the ability of USA to commercialize its developmental products, technological and/or other factors, which could cause actual results or revenues to differ materially from those contemplated by these statements.
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