Setomatic Systems Announces New President, Gregg Schantz

Left to Right: Gregg Schantz, Michael Schantz, Frank Palladino

 Setomatic Systems Inc – SpyderWash is pleased to announce the promotion of Gregg Schantz to President, effective immediately. Gregg, who is the 3rd generation to enter the family business, has been with the company for over a decade. During his tenure he has worked in all aspects of the business and was vital in the successful certification and deployment of our newest product, SpyderWash EMV throughout the Country. With this promotion, Michael Schantz who has been leading Setomatic Systems for over 40 years will transition into the role of CEO.


“Gregg has been essential in the growth of Setomatic Systems-SpyderWash over the last 10+ years. His extensive knowledge and technical abilities have been critical in the development and implementation of new products at our company. In addition, his management and communication skills have enabled the Setomatic Team to work cohesively together to meet all our customers’ needs.” Said Michael Schantz, CEO of Setomatic Systems Inc.

“I am grateful and honored to be given this new responsibility.” Said Gregg Schantz. “ I have been lucky to have the guidance and mentorship of Michael throughout my career and none of this would be possible without him or our amazing team of employees. I look forward to continuing to work closely with our distributors, customers and employees in pushing innovation, collaboration and remaining the leader in laundry payments for decades to come.

 About Setomatic Systems Inc

Originally founded in 1959 and then incorporated in 1968, Setomatic Systems Inc has been a leader in laundry payment technology and innovation for more than five decades. Setomatic Systems modern 15,000-square-foot manufacturing, design, and distribution facility is the heart of their operation, located in Boca Raton, FL.

Now in its third generation, this family-owned-and-operated business continues its tradition of design excellence. Our “hands-on” approach has enabled us to fully understand industry trends as they emerge and to adapt to them through innovation and cutting-edge technology as those trends change. For example, well before any self-serve industry accepted credit cards, Setomatic Systems introduced the first credit card readers to the laundry market in 1995. That trend setting approach continued into 2009, when Setomatic Systems launched their flagship product, SpyderWash into the market. This was the first wireless, cloud based, credit/debit card payment system in the laundry industry, and has since been redesigned as well as EMV certified for the latest in laundry payment technology.