May 03, 2004

Photo Kiosks

USA Technologies Cashless Payment is Key Feature on Roll-out of New Sony PictureStation Kiosks

MALVERN, Pa., May 3 /PRNewswire-FirstCall/ -- USA Technologies
(OTC Bulletin Board: USTT) announced today that its wireless, cashless
transaction technology is going to be included Sony Electronics' new
next-generation PictureStation(TM) photo-finishing kiosks, which are being
introduced to market now.
Sony has informed USA Technologies that the new PictureStation kiosks are
being installed this month in resorts, hotels, national retail stores,
corporate facilities and hospitals in Florida, Pennsylvania, California, South
Carolina, Texas, New York and New Jersey. More locations were being targeted
for early May.
Earlier last month, 7-Eleven announced the proof-of-concept test
installation of PictureStation kiosks in select 7-Eleven stores in the Dallas
Each PictureStation kiosk has a wireless connection to USA Technologies'
network and enables consumers to have their digital photos printed and pay
with a credit card. The addition of the wireless credit card capability was a
concept co-developed between USA Technologies and Sony Electronics Inc.
"We are excited that the PictureStation network is up and running across
the country," said Stephen P. Herbert, president and COO for USA Technologies.
"This application is a perfect fit for our business in that the PictureStation
system utilizes the same USALive(R) Network that supports our other core
markets -. vending, hospitality and commercial laundry. Similar to these
other markets -- Sony is utilizing USALive to process transactions and give
customers the ability to monitor equipment in the field via the Internet."
USA Technologies gives the PictureStation kiosk the ability to accept
credit cards and permits remote auditing of sales and diagnostic information.
For example, a PictureStation kiosk owner could monitor the amount of the
paper in the machines to prevent them from running out of stock -. all via the
The wireless component means the PictureStation kiosks do not require
phone line connection, and can be deployed more rapidly than landline based
kiosks -- while saving considerable expense. And because the machines are easy
to operate, and transactions are as simple as swiping a credit card, they
don't require additional staff to man them.
"We understand that not all locations have the same needs, or the same
types of customers," said Jay Dellostretto, Vice President for Digital Imaging
in Sony Electronics' Business Solutions Division. "The new PictureStation
system features and its scalable designs were developed in response to local
needs, including the ability to pay by credit card, which adds considerable
convenience and ease of use."

About USA Technologies:
USA Technologies is a leader in the networking of distributed assets,
wireless non-cash and m-commerce transactions, associated financial/network
services and interactive media technology and energy management. USA
Technologies provides networked credit card and other non-cash/mobile commerce
systems in the vending, commercial laundry, hospitality and digital imaging
industries. USA Technologies is an IBM Business Partner and an inaugural
member of the Sprint Enabling Application Service Provider Program for
e-commerce. The Company has marketing agreements with the Sprint, Motient, MEI
and the ZiLOG Corporation.

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 the ability of the Company to
increase revenues in the future, the ability to achieve a positive cash flow,
the ability to obtain orders for or install its products, the ability to
obtain new customers and the ability to commercialize its products (including
the e-Port on a chip), which could cause actual results or revenues to differ
materially from those contemplated by these statements.

USA Technologies Contact: Investor Relations Contact:
George R. Jensen, Jr., Chairman & CEO Ken Sgro
Stephen P. Herbert, President & COO CEOcast, Inc.
Phone: (800) 633-0340 Phone: (212) 732-4300
e-mail: [email protected]

SOURCE USA Technologies
Web Site:

USA Technologies Cashless Payment is Key Feature on Roll-out of New Sony PictureStation Kiosks

Posted by Craig at May 3, 2004 02:19 PM