Oct 14 (Reuters) - USA Technologies
   * USA TECHNOLOGIES REJECTS EFFORT BY HUDSON EXECUTIVE CAPITAL TO TAKE OVER BOARD
   * USA TECHNOLOGIES - ISSUED STATEMENT IN RESPONSE TO LETTER ISSUED HUDSON EXECUTIVE CAPITAL & HUDSON'S FOUNDER DOUGLAS L. BRAUNSTEIN
   * USA TECHNOLOGIES - BOARD, MANAGEMENT HAVE BEEN ENGAGED IN EXTENSIVE, CONSTRUCTIVE DISCUSSIONS WITH BRAUNSTEIN OVER PAST 10 MONTHS
   * USA TECHNOLOGIES INC - AS PART OF DISCUSSIONS CO RECENTLY PROPOSED TO WORK WITH HUDSON IN ONGOING BOARD REFRESHMENT PROCESS
   * USA TECHNOLOGIES SAYS "HAVE BEEN SKEPTICAL OF HUDSON'S TRACK RECORD IN "ASSISTING" COMPANIES WHICH THEY HAVE TARGETED"
   * USA TECHNOLOGIES - OFFER WAS REJECTED BY BRAUNSTEIN, WHO DEMANDED INSTEAD MAJORITY CONTROL OF BOARD IMMEDIATELY BE TURNED OVER TO HIM, HIS NOMINEES
   * USA TECHNOLOGIES SAYS THERE HAS BEEN NO DETERMINATION OF A DATE FOR CO'S NEXT ANNUAL MEETING

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((Reuters.Briefs@thomsonreuters.com;)