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Last $8.70 USD
Change Today 0.00 / 0.00%
Volume 4.1K
TACT On Other Exchanges
As of 12:01 PM 11/25/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

One Hamden Center

2319 Whitney Avenue

Suite 3B

Hamden, CT 06518

United States

Phone: 203-859-6800

Fax: 203-949-9048

TransAct Technologies Incorporated designs, develops and sells market-specific solutions, including printers, terminals, software and other products for transaction-based and other industries. The company’s products are sold under the Epic, EPICENTRAL, Ithaca, RESPONDER, and Printrex brand names. The company focuses on various core markets, such as food safety, banking and point-of-sale (POS), casino and gaming, lottery, and Printrex (which serves the oil and gas, medical and mobile printing markets). The company sells its products to original equipment manufacturers (OEMs), value-added resellers, and selected distributors, as well as directly to end-users. The company’s product distribution spans across the Americas, Europe, the Middle East, Africa, Asia, Australia, the Caribbean Islands and the South Pacific. The company also provides printer service, spare parts, accessories and printing supplies to its improving worldwide installed base of printers. Through its TransAct Services Group (TSG), the company provides a range of supplies and consumables used in the printing and scanning activities of customers in the hospitality, banking, retail, casino and gaming, government and oil and gas exploration markets. The company, through its Webstore,, and its direct selling team, addresses the online demand for these products. Products, Services and Distribution Methods Printers and terminals The company designs, develops, assembles, and markets a range of transaction-based and specialty printers and terminals utilizing inkjet, thermal and impact printing technology for applications, primarily in the food safety, banking and POS, casino and gaming, lottery, oil and gas, medical and mobile printing markets. In addition to its configurable printers and terminals, the company designs and assembles custom printers for certain OEM customers. In collaboration with these customers, the company provides engineering and manufacturing expertise for the design and development of specialized printers. Food Safety, Banking and POS: During 2012, in an effort to address the Food Safety Modernization Act, the company developed a food safety terminal, a hardware device that consists of a touchscreen and one or two thermal print mechanisms, which prints easy-to-read expiration and ‘enjoy by’ date labels to help restaurants manage food rotation and spoilage. In the food safety market, the company uses an internal sales representative to manage sales of its terminals through distribution, as well as an internal sales force to solicit sales directly from end-users. The company’s banking and POS printers include various optional configurations that could be selected to meet particular customer needs. In the banking market, the company sells printers that are used by banks, credit unions and other financial institutions to print receipts and/or validate checks at bank teller stations. In the POS market, the company sells various models of printers utilizing inkjet, thermal and impact printing technology. The company’s printers are used primarily by retailers in the restaurant (including fine dining, casual dining, and fast food), hospitality, and specialty retail industries to print receipts for consumers, validate checks, or print on linerless labels or other inserted media. In the POS market, the company primarily sells its products through a network of domestic and international distributors and resellers. The company uses an internal sales force to manage sales through its distributors and resellers, as well as to solicit sales directly from end-users. In the banking market, the company primarily sells its products directly to end-user banks and financial institutions through the use of its internal sales force. Lottery: The company supplies lottery printers to Lottomattica’s GTECH Corporation (GTECH), the company’s major customer and provider of lottery terminals. These printers are designed for high-volume, high-speed printing of lottery tickets for various lottery applications. Sales of its lottery products are made directly to GTECH and managed by an internal sales representative. Casino and


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