TRANSACT'S INNOVATIVE ITHACA(R) 9700 FOOD SAFETY TERMINAL TO APPEAR AT THE 2014 ASSOCIATION OF KENTUCKY FRIED CHICKEN FRANCHISEES CONVENTION
February 13, 2014Hamden, CT – February 13, 2014 – 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 the 2014 Association of Kentucky Fried Chicken Franchisees (AKFCF) Convention to be held at the Shingle Creek Hotel in Orlando, FL on February 14-17, 2014. Headlining the Company’s display at Booth #305 will be its innovative Ithaca® 9700 food safety terminal as well as the Ithaca 9000 multi-purpose foodservice printer.
The innovative Ithaca 9700 food safety terminal is designed to save time, cut food waste and reduce both labor costs and the risk of food spoilage in restaurant and food service settings. Featuring a large, easy-to-read 8.4-inch color touch screen display, the Ithaca 9700 quickly prints easy-to-read expiration and “enjoy by” date labels, making food spoilage much more manageable. In addition, the terminal allows operators to quickly change their menu items, print accurate calorie counts on food items and generate accurate “prep” and “grab-and-go” labels via an internal real-time clock. Available in 1- or 2-printer configurations, the Ithaca 9700 offers simple drop-in label loading and can handle a variety of label widths and lengths.
Since the start of production in October 2012, the Ithaca 9700 has proven its ability to drive efficiency and operational benefits for quick service and casual restaurants with sales to customers worldwide. Companies using the terminal report a two-hour time savings per day, an annual savings of $2,000 through the reduction of food waste and a 100% increase in the accuracy of their food labels. As previously reported, TransAct has participated in trials for over 120 potential Ithaca 9700 customers, encompassing over 60 restaurant companies in more than six countries, representing an attractive aggregate opportunity of approximately 70,000 terminals. TransAct’s ongoing work with customers to further customize the terminal and improve its design and operation continues to enhance its customer appeal, leading to increased sales traction which should ultimately result in continued acceptance of this innovative solution.
TransAct will also feature the Ithaca 9000, a highly versatile, multi-function solution that allows foodservice vendors to print receipts, sticky grill labels and sticky custom beverage labels from one printer. Featuring the industry’s fastest print speed at 12 inches per second, the Ithaca 9000 accommodates plain or sticky thermal paper of three different sizes and can automatically sense the paper size loaded and reconfigure itself accordingly.
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.
Ithaca is a registered trademark of TRANSACT Technologies Incorporated. ©2014 TRANSACT Technologies Incorporated. All rights reserved.