- Epicentral to be Implemented Across Entire 1,650 Unit Slot Floor -
HAMDEN, Conn. & MANISTEE, Minn.--(BUSINESS WIRE)--
TransAct Technologies Incorporated (Nasdaq: TACT), a global leader in
market-specific solutions, including printers, terminals, software and
other products for transaction-based and other industries, announced
today that it has entered into an agreement with the Little River Casino
Resort in Manistee, Michigan, to install the Company's Epicentral®
promotion and bonusing system on all of the casino's 1,650 slot
machines. Representing the Company's eighth Epicentral contract, the
system is expected to go live at Little River Casino Resort later this
year.
The Epicentral Print System is currently live at five casinos,
delivering customized promotions and coupons directly to casino patrons
on over 5,000 slot machines and electronic gaming devices worldwide.
Including the Little River Casino Resort, TransAct expects to bring
three more casinos online before the end of 2013, expanding the
Company's total base of Epicentral-enabled electronic gaming devices to
approximately 10,000 units worldwide.
Bart C. Shuldman, Chairman and Chief Executive Officer of TransAct
Technologies, commented, "Recognition for our innovative Epicentral
Print System is gaining momentum with casino operators worldwide as they
recognize the benefits of an easy-to-use software system that helps
casinos increase revenue through more frequent visitation from their
carded and uncarded customers, increased new loyalty program enrollment,
more time on device and higher levels of play. We are excited to sign an
installation contract with Little River Casino Resort that further
expands our footprint of Epicentral-enabled slot machines. We look
forward to working with their technology and marketing teams to bring
Epicentral live over the coming months."
"The addition of Epicentral represents a key step towards further
improving the effectiveness of our marketing efforts as the system
allows us to interact directly with our customers on a real-time basis,"
said Wendell Long, General Manager of Little River Casino Resort. "We
continually look for ways to provide our customers with a fun, engaging
gaming entertainment experience and we believe Epicentral will help do
all those things, further establishing Little River as a gaming
destination of choice for customers across the region."
The Epicentral Print System — connected directly to TransAct's
ServerPort™ device inside the slot machine — is an easy-to-use,
cost-efficient software system that enables casinos to internally
develop marketing programs and promotional coupons for distribution to
customers on a real-time basis at a slot machine. The system works with
existing slot systems and games as it operates with a separate and
distinct connection to TransAct's Epic 950 printer. As a result, casinos
can deploy the Epicentral Print System to connect to all existing slot
machines, regardless of the game's manufacturer, to drive increased
revenue and enhance their customers' experience on a real-time basis.
About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a leader in developing and
manufacturing market-specific solutions, including printers, terminals,
software and other products for transaction-based and other industries.
These industries include casino and gaming, lottery, food safety,
banking, point-of-sale, hospitality, oil and gas, and medical and
mobile. Each individual market has distinct, critical requirements for
printing and the transaction is not complete until the receipt and/or
ticket is produced. TransAct printers and products are designed from the
ground up based on market-specific requirements and are sold under the
Ithaca®, Epic, EPICENTRAL® and Printrex® product brands. TransAct
distributes its printers through OEMs, value-added resellers, selected
distributors, and direct to end-users. TransAct has over 2.4 million
printers installed around the world. TransAct is also committed to
providing world-class printer service, spare parts, accessories and
printing supplies to its growing worldwide installed base of printers.
Through its TransAct Services Group, TransAct provides a complete range
of supplies and consumable items used in the printing and scanning
activities of customers in the hospitality, banking, retail, gaming,
government and oil and gas exploration markets. Through its webstore, http://www.transactsupplies.com,
and a direct selling team, TransAct addresses the on-line demand for
these products. TransAct is headquartered in Hamden, CT. For more
information, please visit http://www.transact-tech.com
or call 203.859.6800.
About Little River Casino Resort
Located at the corner of US31 and M22 in Manistee, Michigan, Little
River Casino Resort is one of Michigan's premier gaming destinations.
Little River offers the finest in casino action with over 1,500 slot
machines and table games. Guests can stay in one of nearly 300 deluxe
hotel rooms, catch a headliner show in the 1,600 seat entertainment
center, or experience a wonderful dining experience in any of three
restaurants. Opened in 1999, Little River Casino Resort is an enterprise
of the Little River Band of Ottawa Indians and is the largest employer
in Manistee County. For more information call 1-888-568-2244 or visit www.lrcr.com,
www.facebook.com/littlerivercasino
and via Twitter @LittleRiverFun.
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" 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; our
competitors introducing new products into the marketplace; our ability
to successfully develop new products; our dependence on significant
customers; our dependence on significant vendors; dependence on contract
manufacturers for the assembly of a large portion of our products in
China; our ability to protect intellectual property; our ability to
recruit and retain quality employees as the Company grows; our
dependence on third parties for sales outside the United States,
including Australia, New Zealand, Europe, Latin America and Asia; the
economic and political conditions in the United States, Australia, New
Zealand, Europe, Latin America and Asia; marketplace acceptance of new
products; risks associated with foreign operations; the 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; risks associated with potential future
acquisitions; our new line of food safety and oil and gas products will
drive increased adoption by customers; the outcome of the lawsuit
between TransAct and Avery Dennison Corporation; and other risk factors
detailed from time to time in TransAct's reports filed with the
Securities and Exchange Commission. 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.
Investors:
TransAct Technologies Incorporated
Steve
DeMartino, 203-859-6810
President and Chief Financial Officer
or
JCIR
Richard
Land, Joseph Jaffoni, Jim Leahy
212-835-8500
tact@jcir.com
Source: TransAct Technologies Incorporated
News Provided by Acquire Media
