Cantaloupe Systems Rolls Out Summer 2010 Update to NAMA Innovation Award-Winning Product, Seed 2

SAN FRANCISCO June 29, 2010 ─ Cantaloupe Systems, Inc., the leading provider of wireless, cloud-computing solutions for the vending industry, has rolled out its Seed 2 Summer 2010 update, which provides product enhancements that further differentiate Seed 2 from other wireless vending solutions .  

“Cantaloupe is committed to continually enhance Seed 2, to ensure that it is easy to operate and remains on the cutting edge of vending technology,” said Allen Lwin, Cantaloupe’s Product Manager.  “With these enhancements, Seed operators are able to see even greater efficiency and effectiveness, resulting in fewer routes, higher route averages and improved bottom lines.”

Highlights of Seed 2 Summer 2010 include:

• Enhanced pre-pick functionality for greater back office efficiency;
• New sales fluctuation management tool;
• Improved user interface enhanced with messages confirming actions;
• Improved search functions

Mandeep Arora, Cantaloupe’s CEO remarked, “To keep our products relevant and reflective of our customers’ needs, we rely on both customer feedback and our continuing efforts to ensure that our products represent the latest advancements in vending technology.  Seed 2 is a dynamic product that adapts to the needs of our customers, as evidenced by a number of the Summer 2010 enhancements being directly attributable to vendor requests.”

Cantaloupe has been recognized by the vending community as an innovator and been the recipient of notable industry accolades.  At the National Automatic Merchandising Association (NAMA) OneShow in April 2010, Cantaloupe won a NAMA Innovation award for Seed®, a device that monitors and reports all vending machine purchases in real-time over the web, enabling vending operators to save money, boost profits and reduce their carbon footprint.

About Cantaloupe Systems
San Francisco-based Cantaloupe Systems, Inc. is the fastest- growing, wireless vending solutions provider in the U.S.  The company was founded in 2002 by engineers Mandeep Arora, a second-generation vending professional, and Anant Agrawal to provide automated merchandising for the $30 billion vending industry.  Installed in individual vending machines, the Cantaloupe Seed device monitors all transactions and transmits the data securely via cellular networks and the Internet Cloud.  The result: vending operators know the state of each machine’s inventory without making a physical visit.  Operators using Cantaloupe Seed Solution average $35,000 in annual savings per route, can replenish 80 percent more machines per week, and can reduce their carbon footprint by 40 percent through the elimination of unnecessary truck travel and smaller loads per truck.
Cantaloupe is backed by Global Environment Fund of Chevy Chase, MD., and Foundation Capital of Menlo Park, CA.  For more information, please visit http://www.cantaloupesystems.com.

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