USA Technologies and Blackboard Join Forces to Streamline Student Access to e-Suds Laundry Services
23 Febbraio 2005 - 6:06PM
PR Newswire (US)
USA Technologies and Blackboard Join Forces to Streamline Student
Access to e-Suds Laundry Services MALVERN, Pa., Feb. 23
/PRNewswire-FirstCall/ -- USA Technologies, Inc. (OTC:USTT)
(BULLETIN BOARD: USTT) today announced the successful integration
with Blackboard Inc. (NASDAQ:BBBB), a leading provider of
transaction processing systems to colleges and universities
throughout America, of technologies to allow students to use the
Blackboard Transaction System(TM) cards to activate and pay for
using USA Technologies' e-Suds(TM) electronic online laundry
services on campus. The first installation of e-Suds integrated
with Blackboard was installed earlier this year at Goucher College
in Baltimore Maryland. "Students who took part in the Goucher
College program enjoyed the convenience and simplicity of being
able to use their Blackboard Transaction card to have the cost of
doing their laundry deducted online directly from their Blackboard
account," said Wendy Jenkins, Vice president of Marketing, USA
Technologies. "The relationship with Blackboard gives USA
Technologies access to more than 450 universities, colleges and
corporate accounts, and tens of thousands of users." Students
already use the Blackboard Transaction System to make payments at
the cafeteria, bookstore, and even at neighboring retailers and
restaurants. Now they use the same card to pay for laundry and
receive all of the amenities for the e-Suds system including being
able to see availability of washer and dryers online and get
notified via email when their laundry cycles are complete. "We
believe the e-Suds is a terrific enhancement to our laundry service
and plan to bring this to many of our partner schools," said John
Gregory, President of Caldwell and Gregory, Inc. "Now that e-Suds
can integrate with Blackboard, there is the opportunity for the
e-Suds service to grow. Many of our partners have been waiting for
this." Blackboard is recognized as a leading provider of enterprise
software and services to the Education Industry and has more than
450 schools using its transaction services. In a recent Forbes.com
survey of the most connected campuses in the US, 18 of the 25
schools relied on the Blackboard Learning System(TM) for their
e-learning needs. USA Technologies' e-Suds online laundry system
has already been installed at a growing number of campuses,
including Carnegie Melon, Cedarville College, Bluffton College and
more have been targeted for deployment. USA Technologies also
manufactures the e-Port(R) cashless transaction device for vending
machines and unattended kiosks, and an expanding line of energy
management products, specifically aimed at the vending and cooler
markets. About USA Technologies: USA Technologies is a leader in
the networking of distributed assets, 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
AT&T, Honeywell, MEI, Unilever and ZiLOG Corporation.
http://www.usatech.com/ About Blackboard Inc. Blackboard is a
leading provider of enterprise software and services to the
education industry. The Company's product line consists of five
software applications bundled in two suites, the Blackboard
Academic Suite TM and the Blackboard Commerce Suite TM.
Blackboard's clients include colleges, universities, schools and
other education providers, as well as textbook publishers and
student-focused merchants that serve education providers and their
students. Blackboard is headquartered in Washington, D.C., with
offices and staff in North America, Europe and Asia. 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 or install its products including the G-5
e-Port, 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. Any statements in this press release about future
expectations, plans and prospects for Blackboard and other
statements containing the words "believes," "anticipates," "plans,"
"expects," "will," and similar expressions, constitute
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially from those indicated by such forward-looking statements
as a result of various important factors, including the factors
discussed in the "Risk Factors" section of our most recent 10-Q
filed with the SEC. In addition, the forward-looking statements
included in this press release represent the Company's views as of
February 23, 2005. The Company anticipates that subsequent events
and developments will cause the Company's views to change. However,
while the Company may elect to update these forward-looking
statements at some point in the future, the Company specifically
disclaims any obligation to do so. These forward-looking statements
should not be relied upon as representing the Company's views as of
any date subsequent to February 23, 2005. For Immediate Release USA
Technologies Contact: Investor Relations Contact: George R. Jensen,
Jr., Chairman & CEO Ken Sgro Stephen P. Herbert, President
& COO CEOcast, Inc. Phone: (800) 633-0340 Phone: (212) 732-4300
e-mail: Bob Giordano / Sarah Shepard ROI Group Associates, Inc
Phone: (212) 495-0200, ext. 17 / 10 / DATASOURCE: USA Technologies,
Inc. CONTACT: George R. Jensen, Jr., Chairman & CEO, or Stephen
P. Herbert, President & COO, , both of USA Technologies,
+1-800-633-0340; or Investor Relations, Ken Sgro, CEOcast, Inc.,
+1-212-732-4300, for USA Technologies; or Bob Giordano, , ext. 17,
or Sarah Shepard, , ext. 10, both of ROI Group Associates, Inc,
+1-212-495-0200, for USA Technologies Web site:
http://www.usatech.com/
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