World News: 12:30 GMT Wednesday 15th May 2019. [TransAct Technologies Incorporated via Businesswire via SPi World News]
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 it will debut BOHA!™, its comprehensive ecosystem of cloud-based SaaS apps and hardware solutions for restaurant and food service companies’ back-of-house operations, at the National Restaurant Association Show (“NRA 2019”) on May 18-21, 2019 in Chicago, Illinois. BOHA! is the industry’s first single-vendor solution to combine applications for Inventory Management, Temperature Monitoring of Food and Equipment, Timers, Food Safety Labeling, Food Recalls, Checklists & Procedures, Equipment Service Management and Delivery Management in a single platform. NRA 2019 attendees visiting TransAct’s booth (#6657) at McCormick Place will see how BOHA! effortlessly combines cloud-based SaaS applications with hardware and accessories to deliver superior results for critical back-of-house operations.
Bart C. Shuldman, Chairman and CEO of TransAct Technologies, said, “Since the launch of our new BOHA! ecosystem in late March, we have seen rapidly growing customer interest and a very positive industry response to our compelling suite of integrated SaaS-based software applications and hardware solutions that help restaurant and foodservice operators automate their back-of-house operations. Now we turn our attention to the all-important National Restaurant Association Show where we will engage directly with industry participants and potential customers of all sizes in what is our largest-ever booth. Located in the heart of the North Hall’s TECH Pavilion, the TransAct showcase (#6657) will be a hub of activity as our purpose-built hardware, full suite of software and complete array of label offerings are on display for the industry for the first time. Visitors will experience individual demonstrations of each of the ten BOHA! SaaS-based apps and each of our purpose-built BOHA! hardware offerings. These demonstrations will highlight how our software and hardware solutions combine to form the industry’s first single-vendor suite of integrated software applications and hardware solutions to automate their back-of-house operations.
“We believe this is an ideal time to bring BOHA! to market. Restaurant and food service companies are facing rising food and labor costs which have led them to re-think each area of their business. BOHA! is an ideal way for restaurant and foodservice operators to use automation and reduce tasks in the back-of-house to thereby help increase efficiency and lower costs. Its intuitive software interface is designed to reduce training time and make it easy for kitchen and other staff to properly implement its operations into their daily workflows. In addition, BOHA!’s single platform, single portal solution provides the highest level of relevant features and functionality while eliminating the complexity of managing multiple software and hardware products from multiple vendors.”
BOHA! SOFTWARE SOLUTIONS
The BOHA! ecosystem features the following SaaS-based apps and functionality:
BOHA! HARDWARE SOLUTIONS
The BOHA! ecosystem features the following hardware solutions:
TransAct will also demonstrate at the 2019 National Restaurant Association Show a critical component to the BOHA! ecosystem, the Company’s full lineup of TransAct Labels which are specifically designed to work with the thermal printers featured in the BOHA! Terminal. TransAct Labels are FDA-compliant and engineered for high-quality printing, making them perfectly suited for the rigors of the commercial kitchen and well equipped to reduce the threat of paper jams. TransAct Labels are available in four adhesive types which cover all kitchen labeling needs – permanent, removable, removable film and dissolvable – and offer a wide variety of sizes.
Mr. Shuldman concluded, “Our entire BOHA! team has been focused on developing what we believe to be the industry’s most revolutionary solution for managing critical back-of-house operations. This is an exciting time for TransAct and the industry as we bring result of our efforts to Chicago where we can engage with restaurant and foodservice operators of all sizes as we demonstrate how BOHA! can deliver clear and measurable improvements to their bottom line while greatly enhancing employees’ ability to take the customer experience to a whole new level. The 2019 NRA Show is an important milestone for our Company and we are looking forward to speaking with current and prospective customers alike. Our team is also looking forward to showcasing our commitment to service as we become key partners and our solutions become a vital part of our customers’ day-to-day business operations.”
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 restaurant solutions, POS automation, casino and gaming, lottery, 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.
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.
Business Wire: 12:30 GMT Wednesday 15th May 2019
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