Release Details
TRANSACT TECHNOLOGIES INTRODUCES NEW LINE OF PRINTERS
AT GLOBAL GAMING EXPO IN LAS VEGAS
TRANSACT TECHNOLOGIES INTRODUCES NEW LINE OF PRINTERS
AT GLOBAL GAMING EXPO IN LAS VEGAS
AT GLOBAL GAMING EXPO IN LAS VEGAS
September 13, 2005
TRANSACT TECHNOLOGIES INTRODUCES NEW LINE OF PRINTERS
AT GLOBAL GAMING EXPO IN LAS VEGAS
Bart C. Shuldman, Chairman, President and Chief Executive Officer of TransAct Technologies, said, "The global market for gaming-type machines found outside of casinos is an exciting new revenue opportunity for TransAct and G2E is the perfect place for our latest printer launch given the high profile of the conference. We designed a robust, feature rich printer capable of handling the demanding and diverse needs of the market. Our plan is to roll out our Epic 630TM in the U.S., Asia and Europe. We believe that the market that this printer line can serve could potentially rival the size of the domestic casino market, giving us tremendous growth potential."
Jon Berkley, Senior Vice President of Worldwide Gaming at TransAct, said, "Building on the tremendous success and industry acceptance of the Epic 950™, we have specifically designed the Epic 630™ to meet the needs of the AWP, SWP, FOBT, Kiosk and VLT customers. This market demands paper roll type receipts instead of tickets, which our new design accommodates. Our latest design advancements bring many features to this new market including a large paper roll capacity for fewer paper changes, providing greater reliability, and greatly reduced down time for paper swap. The bottom-line is that the Epic 630™ will save our gaming customers time and money."
The Epic 630™ fully prints a ticket before it is presented to eliminate possible player interference, accommodating tickets in variable lengths from 2.5 inches to 10 inches, allowing operators the flexibility to add graphics or coupons directly to the ticket. The extra large 6" paper roll capacity means significantly fewer roll changes and greater timesavings. And, the Epic 630™ is designed to flip open for fast and easy paper roll loading. The printer delivers a fast print speed of 6-inches per second or 152 mm/second. Standard sensors include Black Mark, Anti-Jam, Ticket-Out, Cover Open, and Ticket-Taken.
For further information on the Epic 630™, please visit www.transact-tech.com.
About TransAct Technologies Incorporated TransAct (Nasdaq: TACT) designs, develops, manufactures and markets transaction-based printers under the ithaca® name. In addition, the Company markets related consumables, spare parts and service. The Company's printers are used worldwide to provide receipts, tickets, coupons, register journals and other documents. TransAct focuses on two core markets: point-of-sale (POS) and banking, and gaming and lottery. TransAct sells its products to original equipment manufacturers, value-added resellers and selected distributors, as well as directly to end-users. The Company's product distribution spans across the Americas, Europe, the Middle East, Africa, the Caribbean Islands and the South Pacific. For further information, visit TransAct's web site located at www.transact-tech.com.
CONTACTS: Steven DeMartino, Chief Financial Officer, 203-269-1198 Ext. 6059 or David Pasquale, 646-536-7006, or Denise Roche, 646-536-7008, both with The Ruth Group
# # # Forward-Looking Statements: Certain statements in this press release include forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "project" or "continue" or the negative thereof or other similar words. All forward-looking statements involve risks and uncertainties, including, but are not limited to, customer acceptance and market share gains, both domestically and internationally, in the face of substantial competition from competitors that have broader lines of products and greater financial resources; introduction of new products into the marketplace by competitors; successful product development; dependence on significant customers; dependence on significant vendors; the ability to recruit and retain quality employees as the Company grows; dependence on third parties for sales outside the United States, including Australia, New Zealand, Europe and Latin America; economic and political conditions in the United States, Australia, New Zealand, Europe and Latin America; marketplace acceptance of new products; risks associated with foreign operations; availability of third-party components at reasonable prices; price wars or other significant pricing pressures affecting the Company's products in the United States or abroad; and the outcome of lawsuits between TransAct and FutureLogic, Inc. Actual results may differ materially from those discussed in, or implied by, the forward-looking statements. The forward-looking statements speak only as of the date of this release and the Company assumes no duty to update them to reflect new, changing or unanticipated events or circumstances.
TRANSACT TECHNOLOGIES INTRODUCES NEW LINE OF PRINTERS AT GLOBAL GAMING EXPO IN LAS VEGAS
Epic 630™ Targets Opportunity in Global Gaming Machines Outside of Casinos
Wallingford, CT September 13, 2005 TransAct Technologies Incorporated (Nasdaq: TACT), a leading producer of transaction-based printers for customers worldwide, introduced the first in its new line of printers targeting the large global market for gaming-type machines not found in casinos. The Epic 630™ targets game types such as Amusements with Prizes (AWP) and Skills with Prizes (SWP) found in pubs in the UK, Video Lottery Terminals (VLT), Fixed Odds Betting Terminals (FOBT) found in betting parlors in the UK and across Europe, Pachinko machines in Japan, Kiosks and other gaming-type machines. The Epic 630™ will be launched at the Global Gaming Expo (G2E) taking place September 13-15 at the Las Vegas Convention Center.Bart C. Shuldman, Chairman, President and Chief Executive Officer of TransAct Technologies, said, "The global market for gaming-type machines found outside of casinos is an exciting new revenue opportunity for TransAct and G2E is the perfect place for our latest printer launch given the high profile of the conference. We designed a robust, feature rich printer capable of handling the demanding and diverse needs of the market. Our plan is to roll out our Epic 630TM in the U.S., Asia and Europe. We believe that the market that this printer line can serve could potentially rival the size of the domestic casino market, giving us tremendous growth potential."
Jon Berkley, Senior Vice President of Worldwide Gaming at TransAct, said, "Building on the tremendous success and industry acceptance of the Epic 950™, we have specifically designed the Epic 630™ to meet the needs of the AWP, SWP, FOBT, Kiosk and VLT customers. This market demands paper roll type receipts instead of tickets, which our new design accommodates. Our latest design advancements bring many features to this new market including a large paper roll capacity for fewer paper changes, providing greater reliability, and greatly reduced down time for paper swap. The bottom-line is that the Epic 630™ will save our gaming customers time and money."
The Epic 630™ fully prints a ticket before it is presented to eliminate possible player interference, accommodating tickets in variable lengths from 2.5 inches to 10 inches, allowing operators the flexibility to add graphics or coupons directly to the ticket. The extra large 6" paper roll capacity means significantly fewer roll changes and greater timesavings. And, the Epic 630™ is designed to flip open for fast and easy paper roll loading. The printer delivers a fast print speed of 6-inches per second or 152 mm/second. Standard sensors include Black Mark, Anti-Jam, Ticket-Out, Cover Open, and Ticket-Taken.
For further information on the Epic 630™, please visit www.transact-tech.com.
About TransAct Technologies Incorporated TransAct (Nasdaq: TACT) designs, develops, manufactures and markets transaction-based printers under the ithaca® name. In addition, the Company markets related consumables, spare parts and service. The Company's printers are used worldwide to provide receipts, tickets, coupons, register journals and other documents. TransAct focuses on two core markets: point-of-sale (POS) and banking, and gaming and lottery. TransAct sells its products to original equipment manufacturers, value-added resellers and selected distributors, as well as directly to end-users. The Company's product distribution spans across the Americas, Europe, the Middle East, Africa, the Caribbean Islands and the South Pacific. For further information, visit TransAct's web site located at www.transact-tech.com.
CONTACTS: Steven DeMartino, Chief Financial Officer, 203-269-1198 Ext. 6059 or David Pasquale, 646-536-7006, or Denise Roche, 646-536-7008, both with The Ruth Group
# # # Forward-Looking Statements: Certain statements in this press release include forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "project" or "continue" or the negative thereof or other similar words. All forward-looking statements involve risks and uncertainties, including, but are not limited to, customer acceptance and market share gains, both domestically and internationally, in the face of substantial competition from competitors that have broader lines of products and greater financial resources; introduction of new products into the marketplace by competitors; successful product development; dependence on significant customers; dependence on significant vendors; the ability to recruit and retain quality employees as the Company grows; dependence on third parties for sales outside the United States, including Australia, New Zealand, Europe and Latin America; economic and political conditions in the United States, Australia, New Zealand, Europe and Latin America; marketplace acceptance of new products; risks associated with foreign operations; availability of third-party components at reasonable prices; price wars or other significant pricing pressures affecting the Company's products in the United States or abroad; and the outcome of lawsuits between TransAct and FutureLogic, Inc. Actual results may differ materially from those discussed in, or implied by, the forward-looking statements. The forward-looking statements speak only as of the date of this release and the Company assumes no duty to update them to reflect new, changing or unanticipated events or circumstances.