City of Industry, CA --(www.USEquityNews.com)-- 09/12/2008 - Business Services industry alert provided by U.S. Equity News. USA Technologies Inc. (NASDAQ:USAT), recently released details of the most comprehensive vending research it has conducted, showing that vending machines equipped to accept debit and credit cards have dramatically changed consumer-purchasing habits. The research examined 3,000 vending machines located on college and university campuses and military bases over a six month period. The results demonstrated that adding a credit/debit purchasing alternative significantly increases business. The research found that vending machines at colleges and universities that added credit and debit to capture the new business opportunity are experiencing up to 50 percent credit and debit sales, while vending machines on military bases had up to 63 percent credit and debit sales. “The research that we have done in the college and university market shows that students have a preference for using credit and debit in vending. We have seen similar results with military, healthcare, travel and entertainment accounts,” said Mike Lawlor, Vice President of Sales and Business Development, USA Technologies. “We are now working with major card companies, bottlers and vending machine companies to give the market what it wants, and this research increasingly confirms that they want credit and debit alternatives.”
Griffin Land & Nurseries, Inc. (Nasdaq: GRIF; "Griffin") announced recently that its real estate division, Griffin Land, had signed a lease agreement with an affiliate of Raymour and Flanigan to lease Griffin Land's 308,000 square foot warehouse in Manchester, Connecticut. The lease is for a term of seven years. In addition to other customary terms, the lease agreement includes an option, with certain conditions, exercisable by Griffin Land, for Griffin Land to sell the property to the lessee, and another option, exercisable by the lessee to purchase the property from Griffin Land during different three year periods at an agreed upon price. The lease is expected to start in September. Griffin operates its real estate business, Griffin Land, and Imperial Nurseries, Inc., its landscape nursery business. Griffin also has investments in Centaur Media, plc, a public company based in the United Kingdom and listed on the London Stock Exchange, and Shemin Nurseries Holdings Corp., a private company that operates a landscape nursery distribution business through its subsidiary, Shemin Nurseries, Inc.
TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (OTC BB:TCHH.OB) recently confirmed it has engaged Brama Media to update the look and feel of the Trustcash website. Brama Media is a marketing and advertising agency located in Los Angeles, California, that focuses on brand development and marketing communications. Trustcash's President and Chief Executive Officer, Kent Carasquero, stated, "Using the best technology to support our new website must go hand in hand with bringing the Trustcash brand to life by infusing it with a provocative voice that is both distinct and compelling. Our goal is to create a website that hits the mark for both the online and debit card clients. We are very excited to work with the talented people at Brama Media."
All Asia Licensing Inc. (Pink Sheets: AASI), recently announced that it accepted an invitation for its chief scientist to lead a workshop September 23-25 in China at a major international conference on little-known animal diseases. “This prestigious invitation from an arm of China’s Ministry of Agriculture is a direct result of our recently-announced Letter of Intent to enter the bio research market to test for BSE (Bovine Spongiform Encephalopathy) also known as ‘Mad Cow’ Disease,” according to Anthony Lee, CEO of All Asia Licensing. The National Diagnostic Center for Exotic Animal Disease of China is the main sponsor of the Third OIE (Office International des Epizooties Regional Workshop and Working Group Meeting on BSE and other Prion Diseases. The conference is also co-sponsored in Qingdao, People’s Republic of China by its Animal Health and Epidemiology Center (CAHEC). The main topics at the conference will be the control of Mad Cow Disease, Rapid Prion Testing and Prion disease diagnosis. Prions are a family of rare progressive neurodegenerative disorders. The Letter of Intent announced between All Asia and its proposed joint venture partner is subject to change, completion of due diligence by both parties, creation of a final contract and approval of both Boards of Directors, among other things. All Asia Licensing Inc. is a major conduit for investors to access the rapidly growing Chinese economy. By acquiring a controlling stake in unique Chinese businesses, using its contacts to work with governmental agencies, providing capital and international-minded management, the Company enables these companies to prosper in their own industries. Working with small-to-medium sized companies, All Asia assists clients by using a comprehensive suite of services of business management, consulting services and technical support.
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