News Focus
News Focus
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FUNMAN

04/04/14 11:41 AM

#587 RE: ChrisJP #586

USAT is a winner. ChrisJP, you are in on an investor's proverbial ground floor. Traders want spikes. I just want to ride the slow steady growth of this Hidden Gem and will continue to expand my position.

Yesterday they announced expanded technological capabilities.

Previously I said I would make purchases as they announce deals. Today they announced the expansion of a customer relationship directly related to the expanded technological capabilities.

I made my second investment in USAT this morning.

USAT is a beautiful investment because of the chain of relationships.

USAT is essentially a credit card processor (but not the bank). USAT's distributor customer's do all the tough selling. The distributors do all of the servicing and sweat the grunt work. The distributors get their retail/sales outlets (vending machines, kiosks, etc) into their own customers locations.

All 3 in that chain are serving the ultimate end user, the person buying food and beverages.

There are 4 levels to the sales chain. USAT serves each level above them.

People are creatures of habit.
How many different things to you eat and drink for breakfast every day?
How many different types of sandwiches do you make for yourself?
How many different restaurants do you patronize?
How many different sodas do you buy regularly?
How many different types of beer, or vodka or rum do you normally buy (That's a reference to ROX)?

People are creatures of habit and generally buy the same things all the time. It's all repeat business and USAT gets a piece of the revenue every week. That means their cash flow position will continue to improve with every new customer win they announce.

USAT is finally profitable and projects positive Free Cash Flow to be reported for the quarter ending June 30th.

The financial statements do not lie. Revenues are moving nicely to the right and up.

USAT has 87 patents representing a pretty wide moat to protect their business.

Now that they reached this point after years of disappointing the earlier shareholders, I will be a buyer every time they announce more deals or just start buying on a regular monthly schedule.

USAT continues to be present at the biggest industry trade shows. They are getting tremendous exposure next week in Chicago and Las Vegas.

Management finally has a slam dunk winning product. They will succeed when it comes to signing up new customers because USAT has what the distributors need and want.

USAT will be present at the NAMA OneShow
http://www.namaoneshow.org/
to be held at the McCormick Place, LakeSide Center in Chicago from April 8-11, 2014. Visit USAT at Booth # 763.

USAT will also be present at TRANSACT 14,
http://www.electran.org/events/transact14/
April 8-10, 2014, to be held at Mandalay Bay in Las Vegas. Visit USAT at Booth # 1020.
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FUNMAN

04/08/14 10:14 AM

#589 RE: ChrisJP #586

Breakroom Provisions Integrates Cashless Payment, Rewards Across Multiple Devices Using USAT Service
Apr 8, 2014


Micro market supplier Breakroom Provisions Company (BP), along with technology-partner ECR Software Corp. (ECRS), has announced advanced integration that will enable a single cashless payment and rewards platform across all terminals (kiosk, vending machine and point of sale) installed throughout a corporate facility.

This integration links ECRS terminals with USA Technologies, Inc. (USAT), specifically using USAT’s ePort Connect® “cashless payment and telemetry service.” Vending operators will now be able to offer participants in MORE. – USAT’s loyalty and pre-paid program – the ability to pay and earn rewards throughout the entire facility. This offers added convenience, accountability and ease-of-use.

“For Pepi, it was pretty simple; we have customers and consumers who have vending machines, micro markets and dining centers throughout their facility,” said president of The Pepi Companies, Vic Pemberton, in a prepared statement. “They asked for ONE card that would work in all areas. They asked and we listened. The ECRS development team, the BP team, and USA Technologies (USAT) stepped up and delivered. This type of collaborative spirit is critical to delivering what the market is demanding. The ECRS developers realized the complexity involved in pulling this integration together, provided the resources needed to make this happen, and we now have the foundation to provide the convenience our customers were requesting. It was exciting when I bought the first product using the Pepi MORE™ card through a micro market and a vending machine. This is just the tip of the iceberg. There is so much more we can do as we focus on creating a convenient refreshment experience for our customers and consumers.”



Peter Catoe, president of ECRS, commented, “Vic Pemberton, of The Pepi Companies, was very instrumental in this integration effort. Allowing vending operators to expand into micro markets while fully integrating with their existing investment in vending machines was Vic’s vision, and we agreed that this was needed within the industry. A fully integrated system allows the vending operator to install micro-markets, manual food service point of sales (POS) and vending machines, linking them together via the USAT payment mechanism. It means one card, one processor, one rate, one platform, and one accountability source. It’s a simple yet powerful use of technology that provides the vending consumer with more convenience and choice. We are looking forward to bringing these new capabilities with USAT to our many micro-market customers.”

“USAT’s ePort Connect service is deeply rooted in the vending marketplace, and our customers have been asking to integrate their cashless systems, support and reporting to get a 360-degree view of their customer accounts,” said Kevin Bailey, president of Breakroom Provisions. “In addition, the ability to offer a loyalty and prepaid program through USAT’s MORE., including the ability for MORE. users to replenish their accounts right at one of our micro market kiosks, is a market-leading feature that’s a bonus for everyone involved.”

* USA Technologies, Inc. is not affiliated with ECR Software Corp. or Breakroom Provisions Company. USAT brands mentioned in this release, ePort Connect and MORE. are trademarks of USAT and are not products of ECRS or BP.
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FUNMAN

04/11/14 9:31 AM

#592 RE: ChrisJP #586

I bought more this morning at the open. got it for $2.02.

Great things are on the horizon for USAT. It may also prove to be recession proof.