Usa Technologies Announces Rebrand to Cantaloupe | Enterprise & Finance

MALVERN, Pa.–(Organization WIRE)–Nov 18, 2020–

United states of america Systems, Inc. (OTC: USAT) (“USAT”), a cashless payments and software products and services firm that supplies conclusion-to-conclusion engineering alternatives for the self-company retail sector, these days introduced that it will transition its corporate identity to completely work below the identify Cantaloupe, Inc. The Nasdaq ticker image will change when the official launch is declared.

New Cantaloupe, Inc. emblem

“This is a main milestone for us, as Cantaloupe now has designed fantastic fairness in the marketplace, sturdy customer loyalty and communicates our eyesight to come to be the foremost components and software package platform for a contactless overall economy,” claimed Sean Feeney, chief government officer, United states of america Technologies. “As a leader in the unattended and self-provide retail marketplaces, the adoption of the new brand and graphic puts our firm in a fantastic placement to far better compete in the increasing world wide industry and delivers on our mission to assist the entire world purchase it and go.

The Cantaloupe start signals a refreshing vision and approach to the current market, our stakeholders and shareholders. The brand’s unveiling in 2021 will be the end result of an substantial rebranding work that demonstrates the Company’s evolution into program and System as a Support (PaaS), its path toward strategic progress and renewed company strategy. The rebrand will also incorporate a new emblem and current web site, which will replicate the Company’s new eyesight, mission and values, greater aligning to its genuine value proposition.

On the design and style stage, the new Cantaloupe emblem is a image that represents innovation, simplicity and differentiation via the use of the shade orange, and the participate in on the letter “C” from the brand name name. It combines 5 seed elements representing the strategic pillars of our values, objectives and proprietary technology. Our company’s lifestyle and passion for the customer is highlighted in our “People Initial, Focused to Buyer Accomplishment, Constantly Do the Appropriate Factor, the Correct Way, Innovation at our Main, and Get It Done” mentality.

Cantaloupe is rooted in the Company’s commitment to supply ground breaking answers and the finest buyer company. The Company’s PaaS is a genuine close to conclude alternative, designed to adapt to switching retail tendencies and sector requires. It also signifies the dynamic developments in payment programs, as the earth moves to contactless alternatives. It results in benefit for its clients as they acclimate to the industry’s improvements, by supporting them optimize their general performance, modernize their functions and uncover new avenues for progress.

About United states of america Technologies, Inc.

United states of america Technologies, Inc. is a cashless payments and software program services business that presents finish-to-end technology solutions for the self-company retail current market. USAT is reworking the unattended retail group by supplying just one integrated solution for payments processing, logistics, and again-business office administration. The company’s business-extensive platform is created to maximize purchaser engagement and income income by way of electronic payments, electronic advertising and marketing and customer loyalty courses, whilst supplying shops with management and visibility more than their operations and inventory. As a result, buyers ranging from vending machine businesses, to operators of micro-marketplaces, fuel and car charging stations, laundromats, metered parking terminals, kiosks, amusements and a lot more, can operate their businesses extra proactively, predictably, and competitively.

Ahead-On the lookout Statements

All statements other than statements of historical actuality involved in this launch, which include without having limitation the organization technique and the ideas and goals of USAT’s management for foreseeable future functions, are forward-wanting statements within just the that means of the Personal Securities Litigation Reform Act of 1995. When utilised in this launch, phrases this sort of as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and comparable expressions, or the adverse of these phrases or similar expressions, as they relate to USAT or its administration, may well identify forward-on the lookout statements. These types of ahead-seeking statements are based on the sensible beliefs of USAT’s administration, as very well as assumptions manufactured by and details currently offered to USAT’s administration. Real success could vary materially from all those contemplated by the forward-on the lookout statements as a consequence of particular aspects, such as but not restricted to the incurrence by USAT of any unanticipated or unconventional non-operational expenditures which would involve us to divert our cash sources from achieving our small business prepare the uncertainties linked with COVID-19, including its possible outcomes on USAT’s functions and the need for USAT’s items and providers the capacity of USAT to keep essential buyers from whom a major part of its revenues is derived the skill of USAT to compete with its competition to get market place share; the skill of USAT to make accessible and successfully upgrade present prospects to new benchmarks and protocols no matter whether USAT’s present or anticipated prospects buy, lease or make the most of ePort or Seed products or our other products or services in the long term at concentrations at present predicted by USAT or other risks reviewed in USAT’s filings with the U.S. Securities and Trade Commission. Readers are cautioned not to spot undue reliance on these ahead-on the lookout statements. Any forward-wanting statement designed by us in this launch speaks only as of the date of this launch. Unless needed by legislation, USAT does not undertake to release publicly any revisions to these forward-on the lookout statements to reflect potential occasions or situations or to reflect the incidence of unanticipated functions. If USAT updates just one or much more forward-wanting statements, no inference should be drawn that USAT will make more updates with regard to these or other ahead-on the lookout statements.

Get in touch with: Media and Trader Relations Get in touch with:

Search phrase: PENNSYLVANIA UNITED STATES NORTH The usa

Field Key phrase: Software OTHER RETAIL Components Advertising and marketing Data Management COMMUNICATIONS Know-how RETAIL

Supply: Usa Systems, Inc.

Copyright Business Wire 2020.

PUB: 11/18/2020 04:15 PM/DISC: 11/18/2020 04:15 PM

Copyright Organization Wire 2020.

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