SAVE Files and Commences Mailing Definitive Proxy Materials on USA Technologies, Inc. (NASDAQ: USAT)

by admin on May 26, 2012

SAVE Urges Shareholders to Vote the GOLD Proxy Card

GREENWICH, Conn., May 24, 2012 /PRNewswire – S.A.V.E. Partners IV, LLC, its nominees and certain other shareholders are members of a group (“SAVE”) that collectively owns 3,096,639 shares of common stock of USA Technologies, Inc. (NASDAQ: USAT) (“USAT” or the “Company”), representing approximately 9.4% of the Company’s outstanding shares. SAVE announced today that it has filed, and commenced mailing to USAT shareholders, definitive proxy materials to elect SAVE’s seven highly qualified nominees to the Board of Directors at the Company’s June 28, 2012 Annual Meeting.

PLEASE WAIT TO VOTE UNTIL YOU RECEIVE SAVE’S GOLD PROXY CARD 

SAVE is currently the Company’s largest shareholder and our interests are closely aligned with all USAT shareholders. Shareholders will receive a white proxy card from USAT and a GOLD proxy card from SAVE. SAVE urges USAT shareholders NOT to return the white proxy card sent by the Board of Directors of USAT, even as a protest vote against current management. USAT shareholders that have already voted a white proxy card can revoke that vote by returning a later dated GOLD proxy card they will soon receive. 

SAVE URGES ALL SHAREHOLDERS TO VOTE THE GOLD PROXY CARD 

SAVE appreciates your support. If you have any questions, please call Morrow & Co., LLC at (203) 658-9400 or toll-free at (800) 607-0088 or email info@SAVEUSAT.com . USAT shareholders can learn more about SAVE and our highly qualified Board candidates at www.SAVEUSAT.com.

Contact:

Morrow & Co., LLC Tom Ball John Ferguson (203) 658-9400

(800) 607-0088

info@SAVEUSAT.COM

 

SAVE urges Shareholders to Vote the GOLD Proxy Card [requires Adobe PDF Reader]

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