USA Technologies eSuds(TM) Extends Its Reach Abroad
USA Technologies (USAT: NASDAQ) reported that JLA, the leading
supplier of commercial laundry equipment in the United Kingdom, has
begun distributing the eSuds solution to universities and colleges
through its Circuit subsidiary. Circuit´s first installation of eSuds
is operating at the University of York in Heslington, York, UK.
"Circuit constantly strives to provide customers with the latest
technology to improve customer satisfaction, and the eSuds solution
with its online capability brings a whole new level of service to add
considerable ease and convenience to doing laundry," said Richard Lee,
Managing Director, Circuit. "Our goal is to ensure we provide our
customers with the best possible solutions to make our laundry
facilities more efficient, cost effective and safer, and eSuds offers
all that while responding to the emerging demand for networked laundry
services."
JLA is Europe´s biggest independent distributor of commercial
laundry equipment and supplies to a wide range of markets including
hospitals, nursing homes, hotels, armed forces bases and prisons. In
the education sector the company´s Circuit division operates over
1,200 laundries, working in partnership with more than 80% of the
United Kingdom´s colleges and universities.
The eSuds online laundry system enables users to go online to
check the availability of washers and dryers in college and university
laundries, pay for their wash and dry cycles with their student ID,
debit or credit cards and automatically receive an email or page when
their wash or dry cycles are complete.
"We are pleased to be the first to bring eSuds to our student
body. We understand that students enjoy using the technology, and it´s
appropriate for the networked world students live in," said Jon
Greenwood, Director of Commercial Services at the University of York.
Erik O´Connor, a student at the University of York and Chair of
the junior common room, commented, "It (eSuds) is very helpful for
students, because we can check machine availability whilst we do our
work. Some people have quite a long way to walk to the laundrette, but
now they can check things from their own room."
"Distributing our eSuds product line through one of the major
laundry service companies in the United Kingdom is a landmark
development for USA Technologies," said Stephen P. Herbert, President
and COO. "The JLA relationship is an important part of our efforts
underway to expand and grow our business internationally, across all
our product lines."
More than 2,000 washers and dryers in the United States were
connected to the eSuds system over the summer, bringing the total
number of installs to nearly 6,000 in 40 colleges and universities
nationwide. This announcement also follows the Company´s announcement
of eSuds Credit(TM) which opens up the multi-family housing laundry
market with 7.5 million washer and dryers.
USA Technologies product line also includes the EnergyMiser(R)
energy management technology, the ePort(R) wireless cashless
transaction solutions for vending machines and point-of-sale
terminals, and Business Express(R) unattended business center
services.
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. The Company has marketing agreements
with AT&T, Honeywell, Blackboard, MasterCard and others. For further
information on USA Technologies, please visit www.usatech.com.
About JLA and Circuit:
For further information on JLA or Circuit please visit www.jla.com
or www.circuitgroup.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.