USA Technologies Inc. Tabs Industry Veteran Hector Benavides, Jr. For Sales

USA Technologies, Inc., a provider of wireless, cashless payment and M2M telemetry solutions for self-serve retailing industries, announced that the company is expanding its sales team. The hiring of Hector Benavides, Jr., an accomplished sales professional with extensive experience and comprehensive knowledge of vending and wireless telemetry systems, will add immediate value to USA Technologies' sales force. Benavides was previously employed by Cantaloupe Systems, a wireless telemetry services provider for the vending market, where he was responsible for industry connections throughout the Americas.

"We are thrilled to add a sales professional with Hector's knowledge of the industry to our team. His experience will be an immediate value to us given the market demand for our products," said Michael Lawlor, senior vice president of sales and business development in a prepared statement. "The company is expanding its sales organization, and the addition of Hector allows USA Technologies to focus its immediate attention to unrealized opportunities for our technology."

"I am very excited to be joining USA Technologies at this point in the company's growth," stated Benavides. "With an industry leading solution, I believe that the opportunity to grow the customer base is relatively limitless given the evolution of cashless payment and telemetry technology. My experience in this industry has shown me there is demand throughout the industry for USA Technologies' comprehensive solution, and I look forward to helping new customers enjoy the benefits of the company's innovative business solutions."

Prior to joining USA Technologies, Benavides was the regional sales director for Cantaloupe Systems responsible for wireless telemetry solutions throughout the Americas, developing strategic sales strategies and promoting their technology solutions in the markets. Previously, he served as business development manager for the Pepsi Bottling Group where he was responsible for providing leadership to a team of sales associates to advance strategic account plans and the creation of sales proposals yielding profitable account maturity and growth, and was employed by Hershey as a national account team leader.

USA Technologies recently announced the expansion of its JumpStart program to include a stand-alone telemetry option. This makes it possible for owners and operators of self-service terminals like vending machines to implement USA Technologies' wireless telemetry solutions with no capital cost and no long-term commitment. The program also enables these operators to add the Company's cashless solution later without the need to replace hardware or contract with another service provider.