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SYMBOL USTT (OTCBB)
52-wk Range 0.145 - 0.85
Shares Outstanding ..................66 Million Inside Ownership .....................20% Investor Relations 800.633.0340 |
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USA TECHNOLOGIES
MARKET LEADER IN CASHLESS TRANSACTIONS
QUOTES | CHARTS | HISTORICAL PRICING | SEC FILINGS | PRESS RELEASE |
| USA Technologies Inc |
Stock Symbol (USTT: OTCBB) is a recognized leader with patented technology in unattended cashless networked credit card and
cashless/mobile commerce systems. This means that they make credit card devices that go into vending machines point-of-sale
(POS) devices and office equipment. Management offers to you the unique opportunity to learn more about USTT's.
Customer/Partners with Fortune 500 Companies
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IBM Kodak Kraft Coca Cola |
Marriott Hotels Xerox Sprint Maytag |
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Multiple Revenue Sources |
Key revenue sources for USTT comes from their 2000 machines located in US. George Jensen, CEO states "Our goal is to penetrate
a 5% market share of 8 million vending machines in the US, which is 400,000 ePort terminals in the US vending market alone."
Jensen further states "Our 3 year goal is to be sizable force with 1 million connections world wide, potentially generating $100 million
a year in reoccurring annual network service fees alone." Below is USTT's multiple revenue sources:
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Partnership With IBM |
IBM Global Services touches every facet of USA�s business. From assistance with the development of our technology to installation
and service, "Big Blue" provides a number of critical services relative to the business equipment product line including installation,
inventory, procurement, service, maintenance, and operation of a customer call center. In addition, the Company and IBM have
signed a strategic marketing agreement in order to market and sell combined information technology solutions to customers in the
intelligent vending, retail point of sale, and networked home applications markets.
"The potential of their (USA�s) technology is great�
when you look at the things they have brought
to the marketplace, I haven�t seen a similar
solution in my dealings here."
Gordon Gartrelle
IBM Solutions Marketing Executive
| e-PORT� AND USALIVE� NETWORK |
e-Port � enables cashless transactions such as credit card, debit cards, smart cards, room keys, student ID cards, all done through
a hardware device that can be embedded into point-of-sale equipment such as vending machines, copiers, kiosks, self serve washer
and dryers etc. USALive� Network is a revolutionary new network service that provides financial, audit, interactive media and
ad serving capabilities. e-Port� uses industry-standard DoubleClick AdServing software in conjunction with the worldwide
USALive� Network to serve the ads/content in a unique way, akin to small, highly-targetable interactive billboards. The screen
provides advertisers valuable "real estate" for displaying ads in unlimited venues � schools, retail establishments, hotels, offices,
wherever vending machines or POS equipment such as gas pumps, office equipment, postage machines, and ATMs are placed.
| WHAT THE EXPERTS ARE SAYING |
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"When you think about ten years ago, how ATM cards came into the public consciousness and how those things are necessary, essential to our life, and you look at this (e-Port) technology, it�s the same thing. It�s just going to grow and grow and grow." Gordon Gartrelle IBM Solutions Marketing Executive
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"e-Port is an innovative and powerful new application for advertising. It is a very impressive medium for reaching new kinds of customers with new kinds of marketing messages."
Richard Frankel VP & GM, DoubleClick�s AdServer Technology Solutions
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"I think the vending industry will jump on this (e-Port). It�s just so smart, so obvious and so necessary to grow the vending business� If you offer a consumer an alternative tool to make a purchase, the consumer is going to make that purchase." Robert McGarrah Retired Pepsi Executive (R&D)
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Disclaimer Statement
Tequesta Capital Corporation is an independent electronic publisher of information on selected public companies. In consideration of its electronic dissemination of the information contained in this notice. Tequesta has received 100,000 restricted shares of USTT common stock. Tequesta did not receive any other compensation, of any kind, for its services other than stated herein. Tequesta is not a registered investment advisor or a broker dealer. Tequesta has been advised that the investments in companies profiled are considered to be high risk and use of the information provided is for reading purposes only if anyone decides to act as an investor they are advised not to invest without the proper advisement from an attorney or a registered financial broker. If any party decides to participate as an investor then it will be at the investor's sole risk. All information provided by the profiled companies may include information provided by outside sources, such as research reports, public filings or computer databases and information provided to Tequesta by management of the profiled company. All information is provided by the companies profiled and Tequesta makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. Investors should not rely solely on the information presented. Rather, investors should use the information provided by the profiled companies as a starting point for doing additional independent research on the profiled companies in order to allow the investor to form his or her own opinion regarding investing. Factual statements made by the profiled companies are made as of the date 9/24/2002 and are subject to change without notice. The receipt of this information shall not create, under any circumstances, any implication that there has been no change in the affairs of the company profiled since the date of review. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Tequesta makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through Tequesta. Certain of the statements contained in the information may be forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements may be identified by such terms as ``expect,'' ``believe,'' ``may,'' ``will,'' and ``intend'' or similar terms. Tequesta Capital Corporation or its affiliates may have a position in the securities mentioned herein and may make purchases or sales thereof.
