TransAct Secures BOHA!® Solutions Upgrade for Existing Food Service Customer
April 07 2021 - 8:00AM
Business Wire
Total Contract Value is Estimated to be in
Excess of $450k Once Fully Deployed.
TransAct® Technologies Incorporated (Nasdaq: TACT) (“TransAct”
or “the Company”), a global leader in software-driven technology
and printing solutions for high-growth markets, today announced
that it has secured a BOHA!® Solutions upgrade order from an
existing food service customer. The customer, a BOHA! Terminal
user, will be rolling out the BOHA! Temp app to over 1,000
locations in addition to their current deployment. The company
expects to be fully deployed by the end of December 2022.
The customer will be using the BOHA! Temp app to manage their
current HACCP procedures. The deployment will allow the customer to
eliminate their existing paper-based temperature checklist and give
them insights into their temperature management process, allowing
for real-time adjustments and updates.
“Our BOHA! Temp App will be bringing another customer into the
21st century by allowing them to dispose of their inefficient paper
management system, and replace it with our state-of-the-art digital
checklist that also gives them access to valuable business
intelligence. TransAct’s industry leading BOHA! Solutions gives any
food service operator the tools necessary to save time and labor on
their fresh food initiatives. We look forward to deploying our
BOHA! Temp App and continuing to work with the customer to solve
back of house operational challenges with BOHA!” said Bart C.
Shuldman, Chairman and CEO of TransAct Technologies.
BOHA! is the first single-vendor solution to combine
applications for Food Safety Labeling, Temperature Monitoring of
Food and Equipment, Inventory Management, Timers, Food Recalls,
Checklists & Procedures, Equipment Service Management and
Delivery Order Management in one integrated platform. Each BOHA!
solution combines cloud-based SaaS applications with hardware and
accessories to deliver superior results for critical back-of-house
operations. BOHA! offers a one-stop solution for restaurants and
food service companies to address their current back-of-house
operating requirements while providing a future-ready platform
capable of addressing back-of-house operations.
For more information on the Company’s BOHA! ecosystem, please
visit www.transact-tech.com/m/restaurant-solutions/
About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a global leader in
developing software-driven technology and printing solutions for
high-growth markets including food service, casino and gaming, POS
automation, , and oil and gas. The Company’s solutions are designed
from the ground up based on customer requirements and are sold
under the BOHA!™, AccuDate™, EPICENTRAL®, Epic®, Ithaca® and
Printrex® brands. TransAct has sold over 3.3 million printers and
terminals around the world and is committed to providing
world-class service, spare parts and accessories to support its
installed product base. Through the TransAct Services Group, the
Company also provides customers with a complete range of supplies
and consumable items both online at http://www.transactsupplies.com
and through its direct sales team. TransAct is headquartered in
Hamden, CT. For more information, please visit
http://www.transact-tech.com or call (203) 859-6800.
BOHA! is a trademark of TRANSACT Technologies Incorporated.
©2021 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 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 and introduce new products and the acceptance
of such products in the marketplace; 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; the
risk that our new line of food safety and oil and gas products will
not drive increased adoption by customers; and other risk factors
detailed in TransAct's Annual Report on Form 10-K and other 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210407005245/en/
Investor Contact: Michael Bowen ICR, Inc.
Michael.Bowen@icrinc.com 203-682-8299
Marc P. Griffin ICR, Inc. Marc.Griffin@icrinc.com
646-277-1290
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