USA Technologies Adds over 10,000 Cashless Connections for the Quarter Ended March 31, 2010 Increasing Total to 73,000

* Reuters is not responsible for the content in this press release.

Tue Apr 6, 2010 7:00am EDT

MALVERN, Pa.--(Business Wire)--
USA Technologies, Inc. (NASDAQ:USAT), a leading supplier of networked devices
and wireless non-cash transactions, associated financial/network services and
energy management, has increased the devices connected to its network to over
73,000 as of March 31, 2010 compared with the 71,000 devices in its strategic
plan. 

George Jensen, Chairman and CEO of USA Technologies, said, "Having attained this
milestone of 73,000 devices connected to our network by the end of March 2010,
we believe we are on our way towards our goal of an expected 100,000 devices
connected to our network by the end of December 2010. Achieving the March 31,
2010 connection goal demonstrates our Company`s continued progress toward
executing our strategic plan." 

"As we continue to increase and diversify our customer base, I am pleased to
note that we posted a 16% sequential quarterly increase in customers to
approximately 900 as of March 31, 2010 compared to approximately 775 as of
December 31, 2009. By using our products and services, we believe that our
customers, who include a diversified group of large and well-known global
brands, as well as small- to mid-size businesses, receive a demonstrable return
on their investment," said Mr. Jensen. 

The Company`s financial results for the quarter ended March 31, 2010 will be
reported in the Company`s Form 10-Q which the Company anticipates filing with
the Securities and Exchange Commission by no later than May 14, 2010. 

About USA Technologies

USA Technologies (www.usatech.com) is a leader in the networking of wireless
non-cash transactions, associated financial/network services and energy
management. USA Technologies provides networked credit card and other non-cash
systems in the vending, commercial laundry, hospitality and digital imaging
industries. The Company has agreements with AT&T, Visa, MasterCard, Compass and
others. 

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 financial position, business strategy
and the plans and objectives of the Company'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 the Company or its management, identify
forward-looking statements. Such forward-looking statements are based on the
beliefs of the Company's management, as well as assumptions made by and
information currently available to the Company'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,
business, financial market and economic conditions, including but not limited
to, the ability of the Company to retain key customers from whom a significant
portion of its revenues is derived; the ability of the Company to compete with
its competitors to obtain market share; the ability of the Company to estimate,
anticipate, or control its cash and non-cash expenses, costs, or charges; the
ability of the Company to obtain widespread and continued commercial acceptance
of it products or services; or and whether the Company`s existing or anticipated
customers utilize or purchase e-Port devices in the future at levels currently
anticipated by the Company. 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,
the Company 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.

USA Technologies Contact:
George Jensen, Chairman & CEO
Stephen P. Herbert, President & COO
e-mail: sherbert@usatech.com
Phone: (800) 633-0340
or
Investor Relations Contact:
Marlon Nurse, Vice President
Porter, LeVay & Rose, Inc.
Phone: (212) 564-4700 

Copyright Business Wire 2010

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