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 Company’s participation at EMPOWER 2014, Bally Technologies’
annual Systems User Conference which will be held on June 10-12, 2014 at
the Mohegan Sun Resort Casino in Uncasville, CT. TransAct (Booth B3)
will have on display Epicentral®, its industry-leading promotions and
bonusing print system that integrates with Bally’s casino management
programs, as well as its award-winning Epic 950® ticket printer.
Installed today on over 10,500 gaming machines at 11 casinos worldwide,
Epicentral is the industry’s only enterprise-level software system that
enables casino operators to deliver real-time targeted promotion and
bonusing coupons to all players directly at the slot machine or
electronic table game. Operating in conjunction with the ServerPort™
installed in each gaming device as well as the Company’s Epic 950®
ticket printer, Epicentral connects with all existing slot management
systems – such as Bally’s iVIEW Display Manager™ – as well as all slot
machines and electronic table games, regardless of manufacturer. Thanks
to its unmatched flexibility, casino marketing and operations teams can
easily design and run floor-wide promotions at the click of a button,
eliminating the need for a floor technician to visit each gaming machine.
Epicentral continues to deliver meaningful performance in casino
operations, driving clear improvements in floor-wide marketing programs.
Customers have reported a 60% increase in new player enrollment in their
loyalty programs, a 37% increase in weekday afternoon slot handle, a 46%
average increase in slot handle on the night of a coupon-drawing
promotion, a 100% increase in lower-tier player average daily
theoretical (ADT), a 34% increase in the number of returning players, an
87% redemption rate of coupons that encourage mid-week visits, an 86%
increase in points earned by players club members, and a 14% increase in
average player time on device.
TransAct will also demonstrate its industry-leading Epic 950 gaming
printer to attendees at EMPOWER 2014. The award-winning Epic 950’s
proven reliability and widespread compatibility have made it the
ticket-in/ticket-out (“TITO”) casino printing solution of choice.
Installed on over 500,000 slot machines worldwide, the Epic 950 is fully
compatible with both Epicentral and ServerPort while its TicketBurst™
technology easily eliminates player/ticket interference.
For more information about the Epicentral print system and the Company’s
Epic 950 printer, please visit http://www.transact-tech.com.
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.
Epicentral, Epic, and ServerPort 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.
Copyright Business Wire 2014