Message #30 From:
NewsBot Date: November 30, 2006 07:26:00 AM
USAT News Hawaii Army National Guard Deploys USA Technologies' EnergyMiser(R)
MALVERN, Pa.--(BUSINESS WIRE)--The Hawaii Army National Guard is installing USA Technologies’
(OTC Bulletin Board:USAT) EnergyMiser energy conservation technology to
help lower energy consumption and costs and reduce C02 emission.
USA Technologies reported today that the National Guard in Honolulu was
installing VendingMiser on vending machines across its bases in Hawaii.
The Army National Guard joins the Pearl Harbor Navy base and Hickham Air
Force base who converted their vending machines several years ago. The
sale also comes after USA Technologies recently sold VendingMiser
devices to Fort Hood Army Garrison in Texas, the biggest military
defense force base in America.
“The Hawaii National Guard, like other U.S.
military bases worldwide, is doing everything possible to lower energy
consumption and cost by responding to the President’s
call to conserve energy, and install energy conservation technology.
With this recent install in Hawaii, EnergyMiser products are now in more
than 200 government facilities in the U.S. and abroad,”
said Wendy Jenkins, Vice President of Marketing, USA Technologies.
Other EnergyMiser installs recently completed and underway include the
Adjutant General’s Department in Texas, the
Texas Air National Guard, Burnsville Air Force Base, Florida, the Navy
Exchange Service Command, the Naval Base Coronado and San Clement Island
base, California.
The Company is also in final negotiations with the U.S. Navy for further
base installs in the U.S., as well as installs in federal, state and
local government buildings, and recently completed installs in U.S.
Coast Guard bases in California and Hawaii.
USA Technologies confirms that the U.S. Military continues to be one of
its most prolific energy conservation customers with installs at army,
navy and air force bases throughout America and the Pacific, including
Okinawa and Japan.
“With America paying a high price for energy,
military bases nationwide are taking a lead by installing American
designed energy conservation technology to lower energy cost and reduce
the nation’s dependence on foreign oil,”
said Ms. Jenkins.
America’s military bases are installing USA
Technologies’ full range of EnergyMiser
products including the VendingMiser®,
CoolerMiser™ and SnackMiser™,
which reduce energy consumption by up to 46 percent. Vending machines
and coolers cost an estimated $300-$400 a year to operate. The Company
estimates purchases of its EnergyMiser products by the U.S. Military
will save the federal sector millions of dollars in electricity costs
annually.
Much of the technology is being purchased through the General Services
Administration (GSA) Advantage shopping system, the Federal Government’s
purchasing department. The system enables federal and state government
agencies and the military to purchase directly from approved contractors
and suppliers at pre-approved prices. Earlier this year the GSA Services
Center in Tampa, Florida, installed EnergyMiser on vending machines in
its offices.
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
energy management 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.