- Planned Epicentral Implementation on 2,500 Units Expands
Enterprise Solution to 4,200 Games Across Two PCI Gaming Casinos -
HAMDEN, Conn. & WETUMPKA, Ala.--(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 the extension of the Company's relationship with PCI Gaming
Authority, the gaming enterprise of the Alabama-based Poarch Band of
Creek Indians, to bring its Epicentral® promotion and bonusing system to
a second casino operated by the tribe following the implementation of Epicentral
at Wind Creek Casino & Hotel Atmore in March 2013. The deployment, which
is expected to go live in late 2013 and represents an extension of the
existing Epicentral system in place at Wind Creek Casino & Hotel
Atmore, will bring Epicentral to all 2,500 Class II electronic
games at Wind Creek Casino & Hotel Wetumpka and expand the Company's
deployment at PCI Gaming facilities to a total of approximately 4,200
games.
The Epicentral Print System is currently live at five casinos,
delivering customized promotions and coupons directly to casino patrons
on over 5,000 machines and electronic gaming devices worldwide. TransAct
expects to bring four more casinos online — including Wind Creek Casino
& Hotel Wetumpka — before the end of 2013, effectively expanding the
Company's total base of Epicentral-enabled electronic gaming
devices to over 10,000 units worldwide.
Bart C. Shuldman, Chairman and Chief Executive Officer of TransAct
Technologies, commented, "We value our partnership with PCI Gaming and
believe the decision to extend their existing Epicentral
enterprise solution to Wind Creek Casino & Hotel Wetumpka after six
months of use at Wind Creek Casino & Hotel Atmore is a clear indication
of the power of Epicentral to deliver proven, measurable results
for our customers. Wind Creek Casino & Hotel Atmore has leveraged Epicentral's
ability to deliver promotions and coupons directly to their carded and
uncarded players at the machine on a real-time basis, ultimately
creating a far more rewarding gaming experience for players. Now, PCI
Gaming is expanding on its existing Epicentral deployment with
this new implementation at Wind Creek Casino & Hotel Wetumpka, a move
that should further improve PCI Gaming's business and demonstrate the
flexibility of our Epicentral software system in multi-facility
operations."
The Epicentral Print System — connected directly to TransAct's ServerPort
device inside the 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 machine. The system works with existing 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 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 PCI Gaming
PCI Gaming is the Gaming Authority of the Poarch Band of Creek Indians.
PCI Gaming currently operates three properties in Alabama: Wind Creek
Casino & Hotel Atmore, Wind Creek Casino & Hotel Wetumpka and Creek
Casino Montgomery.
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
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