TRANSACT TECHNOLOGIES EXPANDS THE BOHA! ECOSYSTEM WITH EMPLOYEE WELLNESS SCREENINGS

August 5, 2020

HAMDEN, Conn.--(BUSINESS WIRE)--Aug. 5, 2020-- TransAct® Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today announced the launch of its Employee Wellness Screenings function through the company’s industry leading BOHA! ecosystem. This new BOHA! module will streamline operators’ COVID-19 employee health checks by eliminating the need for cumbersome pen-and-paper forms with a convenient mobile app that will either greenlight employees that can work or identify employees that need to stay home.

“As restaurants adjust to the new normal of operating standards, Operators are now faced with a multitude of new health and safety protocols. Our BOHA! Employee Wellness module offers a safe and secure employee screening process. As employees arrive to work they use BOHA! Wellness on a tablet or handheld to fill out a wellness questionnaire, including if their temperature is in or out of range. The app can automatically alert the manager to send someone home and even staff at the Corporate office can get a report with employee screening results for one or all locations. The new BOHA! Employee Wellness module gives food service operators an intuitive digital solution, with powerful reporting and analytics that provides critical insights into how these programs are being managed at the location level. Ensuring the health and safety of all employees and patrons is of the utmost importance and we are excited to offer this solution to our customers,” said Bart C. Shuldman, Chairman and CEO of TransAct Technologies.

Learn more about BOHA! Employee Wellness here.

The new BOHA! Employee Wellness function can be included as part of the broader BOHA! COVID Readiness and Prevention Program that includes COVID-related checklists, Digital Menus and Clean2Eat labels. The BOHA! COVID Readiness and Prevention Program ensures employee safety while reinforcing new and updated standard operating procedures with digital accuracy and accountability so operators can reopen and operate in the safest, cleanest, most compliant way possible for both employees and guests.

BOHA! is the first single-vendor solution to combine applications for Grab N’ Go Labeling, Food Safety Labeling, Temperature Monitoring of Food and Equipment, Inventory Management, Timers, Food Recalls, Checklists & Procedures, Equipment Service Management and Delivery Management in one integrated platform. Each BOHA! solution combines cloud-based SaaS applications with hardware and accessories to deliver superior results for critical back-of-house operations. BOHA! offers a one-stop solution for restaurants and food service companies to address their current back-of-house operating requirements while providing a future-ready platform capable of addressing back-of-house operations. BOHA! Terminal TEMS ensures only approved apps and functions are available on the device.

For more information on the Company’s BOHA! ecosystem, please visit www.transact-tech.com/restaurant-solutions/boha.

About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including food service, casino and gaming, POS automation, and oil and gas. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the BOHA!™, AccuDate™, EPICENTRAL®, Epic®, Ithaca® and Printrex® brands. TransAct has sold over 3.3 million printers and terminals 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.

BOHA! is a trademark of TRANSACT Technologies Incorporated. ©2019 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 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 and introduce new products and the acceptance of such products in the marketplace; 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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