TransAct Extends Relationship with PCI Gaming, Bringing Epicentral® Promotion & Bonusing System to Second Poarch Band of Cre...
October 22 2013 - 7:30AM
Business Wire
- Planned Epicentral Implementation on 2,500
Units Expands Enterprise Solution to 4,200 Games Across Two PCI
Gaming Casinos -
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 IncorporatedSteve
DeMartino, 203-859-6810President and Chief Financial
OfficerorJCIRRichard Land, Joseph Jaffoni, Jim
Leahy212-835-8500tact@jcir.com
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