Cantaloupe Introduces ePort Engage Series

Cantaloupe, Inc. (NASDAQ: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced the development of the ePort Connect Platform’s premium and next generation touch screen devices, the ePort Engage and the ePort Engage Combo. This new iteration of the ePort Series gives retailers the ability to captivate consumers in new ways and enables truly frictionless purchasing.

To meet its customers’ needs in an ever-changing world, Cantaloupe is expanding its hardware product portfolio to maximize consumer engagement and provide customers with more choices. ePort Engage will offer best-in-class networking, security and interactivity, including acceptance of contact EMV (chip cards) and contactless EMV (tap) payment methods. It will also connect to the Seed^TM software platform, creating a more flexible and robust overall solution, giving unattended retailers the ability to streamline operations, create higher value and drive profitability.

The past year has seen technology leveraged to help consumers be safer while shopping and dining out, speeding up the adoption of contactless payments. Nevertheless, those same consumers still want a personalized experience. The newest ePort Series will feature:

• Acceptance of all digital payments, including EMV chip, EMV contactless, magstripe and mobile wallets
• Seamless integration with Seed software to keep your business connected
• All-in-one card reader and telemeter design for quick and easy installation
• Advanced anti-tamper security features
• PCI PTS 5.X compliant device for processing payments and data at the highest level of security
• For ePort Engage: edge-to-edge 3.5” touchscreen to maximize engaging customer interactions
• For ePort Combo: a 2.5” touchscreen with built-in flexibility to fit over a bill acceptor

“We believe retailers across the board will benefit from this next generation of devices,” said Ravi Venkatesan, chief technology officer, Cantaloupe, Inc. “The ePort Engage Series is a great option for unattended retailers, as well as more traditional businesses wanting to shift to an autonomous retail experience. Contactless and frictionless shopping are here to stay, and Cantaloupe is leading the industry in its approach with the ePort Engage. Together with our partners we intend to optimize consumer engagement through advertising and loyalty, and by accepting most forms of digital payments, whether it be debit, credit or bitcoin. We are empowering our customers with the next evolution of shopping.”