TRANSACT TECHNOLOGIES TO SHOWCASE ServerPort™ EPIC 950® PRINTER, FEATURING CAPABILITIES TARGETED FOR SERVER BASED GAMING AT GLOBAL GAMING EXPO 2007
HAMDEN, CT, November 12, 2007 - TransAct Technologies Incorporated. (Nasdaq:TACT), a global leader in market-specific printers for transaction based industries, will showcase its award winning Epic 950® printer during the upcoming Global Gaming Expo (G2E), to be held in Las Vegas, November 13 - 15, 2007. TransAct products will be featured within the JCM American's Booth #2459.
Bart C. Shuldman, Chairman, President and Chief Executive Officer of TransAct Technologies, said, "We believe server-based gaming will be a major topic of this trade show and we are excited to be showcasing our technology and solutions. Our ServerPort™ Epic 950® printer will demonstrate to casino operators how this technology can benefit them as they move to a networked casino floor to increase loyalty and play." The Epic 950® printer, with its patented dual-port technology - ServerPort™, is capable of delivering real-time, targeted coupons directly to the player as a complement to the latest server-based gaming technologies. Specific messages can be created, delivered and changed in real-time, providing opportunities to increase player loyalty and play through special coupons and cross-promotions within a casino property.
This unique functionality, coupled with the Epic 950®'s multi-language capabilities, will also become increasingly more important as the global gaming industry continues to embrace Ticket-in, Ticket-out (TITO) technology and transitions to server based electronic gaming machines. The Epic 950® can print in many languages including Chinese.
In addition to the Epic 950®, TransAct will also demonstrate its complete product line of gaming and casino printers including the Epic 630® and Epic 430® which are specifically designed to meet the needs of international gaming customers. These printers can be used in fixed-odds betting terminals found in the United Kingdom, and amusement-with-prizes, skills-with-prizes games, and video lottery terminals found throughout Europe, South America and Asia.
About TransAct Technologies Incorporated TransAct Technologies Incorporated (Nasdaq:TACT) is a leader in developing and manufacturing market-specific printers for transaction-based industries. These industries include casino, gaming, lottery, banking, kiosk and point-of-sale. 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 are designed from the ground up based on market specific requirements and are sold under the Ithaca® and Epic product brands. TransAct distributes its products through OEMs, value-added resellers, selected distributors, and direct to end-users. TransAct has over two million printers installed around the world. TransAct also has a strong focus on the after-market side of the business, with a high commitment to printer service, supplies and spare parts. TransAct is headquartered in Hamden, CT. For more information on TransAct, visit www.transact-tech.com or call 203.859.6800.
Contacts: Steven DeMartino, Chief Financial Officer, 203-859-6810 or David Pasquale, 646-536-7006 with The Ruth Group
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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", "project" 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; introduction of new products into the marketplace by competitors; successful product development; dependence on significant customers; dependence on significant vendors; the ability to recruit and retain quality employees as the Company grows; dependence on third parties for sales outside the United States, including Australia, New Zealand, Europe, Latin America and Asia; 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; 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; and the outcome of the lawsuit between TransAct and FutureLogic, Inc. 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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