- Ithaca 9800 Customers can Integrate Neogen's AccuPoint® ATP
Sanitation Monitoring System -
HAMDEN, Conn. & LANSING, Mich.--(BUSINESS WIRE)--
TransAct Technologies Incorporated (Nasdaq: TACT) ("TransAct"), a global
leader in market-specific solutions, including printers, terminals,
software and other products for transaction-based and other industries,
announced today a partnership with Neogen Corporation (Nasdaq: NEOG)
("Neogen") pursuant to which TransAct will offer Neogen's AccuPoint® ATP
(adenosine triphosphate) Sanitation Monitoring technology as an option
on its innovative new Ithaca® 9800 food safety terminal.
Bart C. Shuldman, Chairman and Chief Executive Officer of TransAct
Technologies, commented, "We are excited to partner with Neogen and
provide restaurant and foodservice operators with the option to add
their industry-leading AccuPoint ATP Sanitation Monitoring System to our
new Ithaca 9800 food safety terminal. As an easy-to-use solution for the
verification of kitchen sanitation, integrating AccuPoint with the
Ithaca 9800 is a natural choice as it makes the terminal a one-stop shop
for food safety in the kitchen and food preparation workflow. We believe
the combined solution will be extremely attractive to potential
customers, further enhancing the long-term addressable market
opportunity for the Ithaca 9800 and making the terminal a standard
product in restaurants' back-of-house operations."
Through the partnership, TransAct and Neogen are offering direct
integration of the innovative Ithaca 9800 food safety terminal and
Neogen's AccuPoint ATP Sanitation Monitoring System. The AccuPoint
technology allows food service operators to test food production
surfaces after they've been cleaned to measure the effectiveness of that
cleaning. The combined device will store and display critical data
(including test site name, number, group, as well as the time and date
the test was taken) and log test results to enable the real-time
verification of sanitation effectiveness, offering a streamlined
solution that ensures the cleanliness of food contact surfaces and food
processing equipment. Since ATP is present in all living cells, ATP
measurement has become the de facto standard for determining the amount
of organic material remaining on a surface after cleaning. Using the
detection capabilities of the AccuPoint, restaurant and food service
operators will have direct access to this powerful technology used by
industry restaurant inspectors to ensure cleanliness. Operators will
also be able to implement testing schedules into their cleaning
programs, executing regularly-timed tests in various areas of their
facility, ensuring their programs' effectiveness, and guaranteeing
consistency throughout their operations.
"Neogen is pleased to work with TransAct to provide rapid sanitation
solutions in an easy-to-use module as part of the Ithaca 9800 food
safety terminal," said Dr. Jason Lilly, Neogen's vice president of
corporate development. "Partnering with TransAct is a logical extension
of our mission to help ensure the safety and quality of food, as it
enhances our access to restaurants and foodservice markets."
For more information on the Neogen AccuPoint ATP Sanitation Monitoring
System, please visit www.neogen.com.
About the Ithaca 9800 Food Safety Terminal
The Ithaca 9800 is the industry's first terminal to offer direct
Internet connectivity via Ethernet and Wi-Fi, enabling it to interface
directly with some of the industry's most widely used restaurant
management solutions, allowing operators to more closely monitor and
manage their perishable food inventory, further cutting down on food
waste and reducing inventory cost across the business. Through its large
9.7 inch color touch screen display, the Ithaca 9800 features full video
capabilities, enabling users to download videos and other multimedia
content directly from the Internet to the terminal for training or
demonstration purposes.
Designed from the bottom up to fully automate the process of food
preparation and labeling, the new Ithaca 9800 features a large,
easy-to-read display, flexible two printer configuration with print
widths of up to 2.2 inches and multi-language capabilities that allow
for use in foodservice operations worldwide. Users can print a wide
variety of information - including food rotation labels, ingredient
lists, calorie counts, and "grab-and-go" times courtesy of an accurate
internal clock - and even virtually all bar codes on any number of label
types - including permanent, freezer grade, dissolvable and removable
labels. The Ithaca 9800 adds on-screen editing capabilities to its
existing PC-based companion utility, further improving flexibility of
use.
Intended for direct integration into the food preparation workflow, the
Ithaca 9800 carries a streamlined footprint with recessed power switch
to reduce accidental contact, save physical space, and reduce
susceptibility to spillage in the kitchen. It also has a modular design
that eases access to the print head and internal systems for cleaning
and easy label loading. Furthermore, the terminal will offer a variety
of third party food safety peripheral applications to increase
functionality beyond printing and allow operators to streamline the
total number of devices in use in their kitchens.
For more information on the Ithaca 9800 food safety terminal, please
visit www.transact-tech.com/food-safety/ithaca-9800.
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, 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®,
RESPONDER, Epic, EPICENTRAL® and Printrex® product brands. TransAct
distributes its printers and terminals through OEMs, value-added
resellers, selected distributors, and direct to end-users. TransAct has
over 2.5 million printers and terminals 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 Neogen Corporation
Neogen Corporation develops and markets products dedicated to food and
animal safety. The company's Food Safety Division markets dehydrated
culture media, and diagnostic test kits to detect foodborne bacteria,
natural toxins, food allergens, drug residues, plant diseases and
sanitation concerns. Neogen's Animal Safety Division is a leader in the
development of animal genomics along with the manufacturing and
distribution of a variety of animal healthcare products, including
diagnostics, pharmaceuticals, veterinary instruments, wound care, and
cleaners and disinfectants.
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
Asia; 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 or tact@jcir.com
Source: TransAct Technologies Incorporated
News Provided by Acquire Media
