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TransAct Technologies Expands European Presence With Addition of Scandinavian Distributor Wallingford, CT - April 22, 2002 - TransAct Technologies, Inc., a global producer of transaction-based printers for the retail, financial and gaming markets, has added the Swedish company, Skankod AB, to its family of European distributors. Skankod is a leading distributor of POS (point-of-sale) and Auto ID (Automatic Identification) equipment in Sweden. Since the company was founded in the mid 1980s, Skankod has been active in bringing the benefits of bar coding and Auto ID to the Nordic market. Skankod has taken the lead in embracing new technology and introducing new and innovative products to the Nordic customer base. Today, Skankod is a distributor of leading brands such as Symbol and Zebra. Peder Carlsson, sales manager, Skankod, said, "We are very pleased to have the opportunity to represent TransAct in the Scandinavian market place. With TransAct's variety of Ithaca® brand products, we continue our mission to become the leading distributor of high quality, front line products offering a range of technologies and solutions for the POS market in the Nordic region." "We're pleased to have a leader such as Skankod on board to help us expand our market presence in Scandinavia," said Andy Reason, Vice President, EMEA Sales, TransAct Technologies, Ltd. Skankod will carry TransAct's line of point-of-sale printers, including the Ithaca POSjet® 1000, the industry's first color inkjet receipt and coupon printer, which enables the receipt printer to double as a marketing tool. For further information on Skankod, visit www.skankod.se. About TransAct Technologies: TransAct designs, develops, manufactures and markets transaction-based printers and related products under the ITHACA and MAGNETEC brand names. The Company's printers are used worldwide to provide receipts, tickets, coupons, register journals and other documents. The Company focuses on the following vertical markets: point-of-sale (POS), gaming and lottery, financial services and kiosk. TransAct sells its products directly to end users, original equipment manufacturers, value-added resellers and selected distributors. All of TransAct's products are manufactured in ISO 9001-certified facilities in the USA. For further information, visit TransAct's web site located at www.transact-tech.com. |
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