AVM Services Expands Relationship with USAT
Summary
AVM Services is a second generation family owned business serving vending, office coffee and water to customers in the Pennsylvania, New Jersey and Delaware region.Through the expanded partnership, AVM will benefit from the reliability and security of USAT’s industry-leading ePort cashless payment system on its customers’ machines, coupled with the power of our patented, cloud-based vending intelligence solutions, designed to enable the company to optimize its business and increase revenues while minimizing operating costs.The combination of USAT’s best-in-class payment technology and Seed software will enable us to continue to deliver exceptional service to our customers while minimizing operational costs through the most innovative solutions.The company also provides a broad line of cashless acceptance technologies including its NFC-ready ePort® G-series, ePort Mobile® for customers on the go, ePort® Interactive, and QuickConnect, an API Web service for developers.Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, the ability of USAT to predict future market conditions and consumer behavior; and the possibility that all of the expected benefits and efficiencies from cashless payment services, including increases in revenue and reductions in operating costs, will not be realized by all vending operators and on all vending machines or within the expected time period.