Message #28 From:
NewsBot Date: November 14, 2006 06:31:00 AM
USAT News USA Technologies Launches World's First Self Contained Roving Business Center on Wheels
NEW YORK--(BUSINESS WIRE)--USA Technologies (OTC Bulletin Board: USAT) has unveiled in New York the
PC Express Nomad, the world’s first
self-contained roving business center on wheels.
The Nomad is making its debut at the New York International Hotel, Motel
and Restaurant Show at the Jacob Javits Center this week where it was
judged a finalist in the prestigious Editor’s
Choice Award, sponsored by the International hospitality media.
The Company’s latest Business Express®
offering is a mobile, public-access, on demand personal computer, which
can be connected to the Internet wirelessly, is activated by credit
card, and powered by electricity or battery. It comes with a uniquely
designed stand on wheels that can be raised or lowered to accommodate
users sitting down or standing. For security, the unit is protected by
the Lo Jack theft protection service. Printing services are also
available.
Its forerunner, the flat panel, wall-mounted PC Express, was a finalist
at last year’s International show, and
exceeded all sales expectations after its debut, with 100 units sold in
less than nine months. Total sales of the PC Express already exceed
$600,000 in revenue.
“The Nomad is the ultimate Business Express
business center for the hospitality industry, but also opens up new,
non-traditional markets where people meet and gather,”
said Cecil Ledesma, Vice President and Hospitality Channel Manager, USA
Technologies. “We have been overwhelmed with
the reception the Nomad has received in New York, not only from the
hospitality industry, but also from non-traditional markets such as
conventions, marketing conferences, sales-recognition events, healthcare
and assisted living facilities.”
With the addition of the Nomad, USA Technologies now offers the most
comprehensive 24x7 unattended Business Express business center service
available, covering everything from hotel meeting rooms, guest rooms and
lobbies, to corporate board rooms, industry events, hospital wards and
medical waiting rooms. The Business Express product line was first
introduced at the New York international hospitality show nearly 12
years ago where it won for best new product.
“The PC Express Nomad provides 24x7 online
access to work or home, giving everyone the convenience of checking
email, conducting business, making purchases, or doing research, no
matter where they are,” said Mr. Ledesma.
USA Technologies’ Business Express offerings
have been among the finalists at the International hospitality show for
the past three successive years. The flat panel, wall-mounted PC Express
was an Editor’s Choice finalist, the Business
Express Mini kiosk won the Editor’s Choice
award, and the Business Express Space Saver was judged best new
technology and best product in show.
The new PC Express Nomad is yet another example of USA Technologies’
mission of Delivering Value Through Innovation™.
About USA Technologies:
USA Technologies 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. USA Technologies is an IBM Business Partner.
The Company has marketing agreements with Cingular Wireless, Honeywell,
Blackboard, and ZiLOG Corporation. For further information on USA
Technologies, please visit www.usatech.com.
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 due to the
developing and unpredictable markets for its products, the ability to
achieve a positive cash flow, the ability to obtain orders for its
products , the ability to obtain new customers and the ability to
commercialize its products, which could cause actual results or revenues
to differ materially from those contemplated by these statements.