August 22, 2005
MALVERN, Pa. - USA Technologies announced in a news release it has been awarded its eighth core energy management patent, making it a global leader in designing and marketing energy management technology for refrigerated vending machines and coolers.
The latest patent is also one of the most important in the company's energy management family of patents, and brings USA Technologies' total arsenal of patents to 63 granted and 25 pending.
Issued was Patent No. 6,931,869, entitled "Refrigerated Vending Machine Exploiting Expanded Temperature Variance During Power Conservation Mode."
"This is a milestone announcement because the patent protects USA Technologies' intellectual property relating to the technology that intelligently puts the vending machine or cooler in a power-saving mode to save energy," said Brock Kolls, senior vice president of research and development, USA Technologies. "It determines when to switch into energy-saving mode based on outside temperature and activity of the vending machine or cooler. This patent essentially protects the IP that is wrapped around USA Technologies' core energy management technology."