TRANSACT TECHNOLOGIES TO DEMONSTRATE FULL LINE OF INDUSTRY-LEADING ACCUDATE RESTAURANT SOLUTIONS AT THE NRA SHOW 2017
May 17, 2017
Jolt and CrunchTime Software Collaborations Highlight Growing Role of
TransAct’s AccuDate XL in Back-of-House Operations
Customer-Driven Evolution of AccuDate Line on Display at Booth #7645
Hamden, CT – May 17, 2017 – TransAct® Technologies Incorporated (Nasdaq: TACT) (“TransAct” or “the Company”), a global leader in software-driven technology and printing solutions for high-growth markets, announced today that the Company will demonstrate the full range of its industry-leading AccuDate™ restaurant solutions – including its AccuDate XL collaborations with both Jolt and CrunchTime! Information Systems (“CrunchTime”) – at the National Restaurant Association ("NRA") Show 2017, to be held on May 20‐23, 2017, at McCormick Place (Booth #7645) in Chicago, Illinois. The thousands of attendees at NRA Show 2017 will see first-hand the customer-driven evolution of the Company’s leading terminal solutions which have become technology hubs that meet the varied back-of-house needs of restaurant and foodservice operators.
“At a time when restaurant and food service operators face increased competition, rising costs and lower profits, the marketplace for hardware and software solutions that allow for efficient management of back-of-house operations is rapidly evolving and has created clear opportunities for forward-thinking suppliers,” said Bart Shuldman, Chairman and CEO of TransAct Technologies. “TransAct sensed this opportunity and has developed a unique purpose-built software and hardware solution marketed today under our AccuDate brand, all while cultivating a technology ecosystem that has seen us partner with leading software providers such as Jolt and CrunchTime. We are delighted to return to NRA Show 2017 in Chicago where we will demonstrate our clear and unyielding commitment to this exciting market.
“In particular, restaurants and foodservice operators of all sizes dedicated to food safety and unparalleled food quality have been the key drivers in our efforts to evolve our AccuDate lineup and also engage with software partners to further extend the capabilities we can deliver. AccuDate terminals are not just used to automate and improve food safety labeling, they also meet the needs of customers who are looking to better manage a whole range of back-of-house operations when used in conjunction with software from firms such as CrunchTime and Jolt. Further, by running the Android operating system, the AccuDate XL is an ideal platform for any developer of back-of-house software for the food service industry, ensuring that the AccuDate terminals will adapt to changing needs.”
The Revolutionary, Powerful AccuDate XL from TransAct
TransAct’s AccuDate XL is a rugged, splash resistant, Android-based touch screen terminal specifically designed for harsh kitchen environments, featuring built in Ethernet, Wi-Fi, Bluetooth and USB connectivity, as well as two internal high speed thermal label printers. When used with software such as KitchenSync from CrunchTime, and Jolt, the AccuDate XL becomes a hub for a wide range of operations-enhancing applications associated with food prep, food safety, employee training and operational efficiency.
The AccuDate XL in Partnership with Jolt
Through a partnership between TransAct and Jolt (NRA Show 2017 Booth #6773), restaurant operators buying the AccuDate XL get free and immediate access to a Jolt software solution that powers the terminal’s food expiration date labeling, grab ‘n go labeling, account management and analytics capabilities, and later this year, the added capability to distribute training video, recipe cards and other media via the terminal. The combined AccuDate XL and Jolt platform make quick work of food expiration labeling and grab ‘n go labeling for any restaurant. Jolt’s cloud-based administration tool allows restaurant and food service operators to centrally manage menu items, label design, training videos and recipe cards, at a corporate, regional or even local level, enabling the combined solution’s use in operations of all sizes. For an additional monthly fee, customers implementing the full Jolt solution can standardize their key back of house operations as well as their HAACP (“Hazard Analysis Critical Control Point”) temperature monitoring and food safety processes.
Visit https://www.transact-tech.com/restaurant-solutions/accudate-xl-with-jolt for more information on the combined AccuDate XL and Jolt solution.
The AccuDate XL in Partnership with CrunchTime
Through a partnership between TransAct and CrunchTime! Information Systems (NRA Show 2017 Booth #6270), AccuDate XL users can leverage KitchenSync™, an Android-based app, to fully integrate the terminal with CrunchTime’s leading back-office restaurant management platform. The AccuDate XL powered by KitchenSync becomes a fully integrated prep planning and recipe display station that connects kitchen prep functions with CrunchTime’s enterprise back-office platform, delivering powerful features that incorporate sales forecasts, intra-day POS transactions, and historical consumption patterns to provide the restaurant team with the ability to review the day’s prep plan, perform prep as required by the flow of the business and print prep labels using the AccuDate XL. In addition, KitchenSync updates inventory levels that can trigger prep and purchasing alerts, displays recipe information, preparation instructions, plating instructions, recipe pictures, video, cost information, nutritional information, and allergen information.
Visit https://www.transact-tech.com/restaurant-solutions/accudate-xl-with-crunchtime for more information on the AccuDate XL and the Crunchtime KitchenSync app.
Robust Portfolio of Terminal and Print Solutions
In addition to the AccuDate XL and TransAct’s software partnerships with Jolt and CrunchtTme, the Company will display in Booth #7645 at NRA Show 2017 a full range of solutions for the restaurant and foodservice industries. These solutions include its in-market AccuDate terminals – the original AccuDate 9700 date code labeling solution and the all-in-one AccuDate PRO date code and grab ‘n go labeling solution – as well as its FDA-compliant AccuDate labels, available in a variety of sizes and in permanent, removable and dissolvable formats. Also on display will be the Company’s Ithaca 9000, its best-selling POS printer, and the Ithaca 880 and 883 printers for kiosks and other integrated devices.
For more information on the entire AccuDate lineup of restaurant solutions, NRA Show 2017 visitors can stop by the Company’s booth (#7645) and all customers can visit https://www.transact-tech.com/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 restaurant solutions, POS automation, casino and gaming, lottery, mobile and oil and gas. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the AccuDate™, EPICENTRAL®, Epic®, Ithaca®, RESPONDER and Printrex® brands. TransAct has over 3.0 million printers and terminals installed 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.
AccuDate and Ithaca are registered trademarks of TRANSACT Technologies Incorporated. ©2017 TRANSACT Technologies Incorporated. All rights reserved.
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 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; 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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President and Chief Financial Officer
TransAct Technologies Incorporated
Richard Land, Joseph Jaffoni, Jim Leahy
212-835-8500 or firstname.lastname@example.org