- Brings High Speed Check Image Printing to the Teller Station -
HAMDEN, Conn.--(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 debut of the BANKjet® 3000, its newest solution for the retail
banking industry which brings customer-favorite check image printing
capabilities to the teller window. This newest low-cost printing
solution from TransAct will be on display (Booth #4427) for the first
time at the BAI Retail Delivery 2014 show to be held on November 12-14,
2014, at McCormick Place (West Building) in Chicago, Illinois.
Offering lightning-fast receipt print speeds of 12 inches per second,
TransAct's new BANKjet 3000 is the Company's next-generation
thermal/inkjet combo receipt and validation printer. The BANKjet 3000
delivers receipts with high-resolution check images at the teller
station - the same receipts customers have come to expect from their ATM
transactions. The thermal receipt printer features simple drop-in paper
loading and supports check image printing as well as barcode printing
for a variety of banking applications. The validation printer features
bi-directional validation with calibrating sensors and a wide
cut-through, drop-in validation slot along with LED lights that provide
the teller with feedback on proper form insertion. In addition, the
BANKjet 3000 has a space-saving design and extensive system
compatibility along with an attractive price point that allows for an
easy upgrade from existing banking printers.
"We are constantly working to respond to our customers' needs with
unique, industry-leading and value-added solutions and the introduction
of our new BANKjet 3000 is yet another example of our development team's
dedicated efforts," said Bart C. Shuldman, Chairman and Chief Executive
Officer of TransAct Technologies. "As banks nationwide have expanded ATM
functionality to include check and cash deposits, customers have come to
expect transaction receipts that feature a check image, providing them
with the peace of mind that their deposit was correctly recorded. Based
on this strong customer feedback and their view of TransAct as a trusted
printing solution provider, our banking customers have been working with
us to develop the BANKjet 3000, extending these new capabilities to the
teller station. We are excited to bring this unique solution to BAI
Retail Delivery 2014 where we will demonstrate its advanced capabilities
and its ability to provide the bank customer with the customer
experience they desire."
TransAct will also showcase at BAI Retail Delivery 2014 several of its
other innovative BANKjet and Ithaca® banking and receipt printers,
demonstrating their enhanced flexibility and advanced capabilities which
meet the exacting demands of financial institutions:
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BANKjet 2500 - A cost-effective teller station printing
solution, the BANKjet 2500 features a space-saving design, fast print
speed of up to 12 lines per second, simple drop-in paper loading,
quiet operation and a wide cut-through validation. As the industry's
leading low-cost teller station printer, the BANKjet 2500 provides
financial institutions with an attractive cost of ownership and a
2-year extended warranty.
-
Ithaca 9000 - The Ithaca 9000 thermal is a workhorse that
delivers the ultimate in printing flexibility and cost efficiency.
Based on the type of paper that has been loaded, the printer has the
ability to reconfigure itself and print at a speed of 12 inches per
second.
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.
BANKjet and Ithaca are registered trademarks of TRANSACT Technologies
Incorporated. ©2014 TRANSACT Technologies Incorporated. All rights
reserved.
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.
Investor:
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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