Business
TransAct Secures Largest BOHA!® WorkStation Order Yet
Order for 140 WorkStations is expected to generate Annual Recurring Revenue Per Unit of approximately $1,000 HAMDEN, Conn.--(BUSINESS WIRE)-- TransAct®
About this update from Transact Technologies Incorporated
[{"type":"text","content":"\nOrder for 140 WorkStations is expected to generate Annual Recurring Revenue Per Unit of approximately $1,000\n\n HAMDEN, Conn.--(BUSINESS WIRE)--\nTransAct® Technologies Incorporated (Nasdaq: TACT) (“TransAct” or “the Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today announced that it has secured its largest BOHA! WorkStation order yet, representing 140 units. The company expects to deploy all 140 WorkStations in the third quarter of 2022.\n\n“I am thrilled to announce this deal with a new customer in the grocery market as we execute on new business opportunities in the Food Service Technology Market. I look forward to welcoming this customer onto our industry leading BOHA! platform and working together to solve their operational challenges,” said Bart C. Shuldman, CEO of TransAct Technologies.\n\nThe complete system deployment will initially include the BOHA! WorkStation, BOHA! Labeling software, proprietary BOHA! labels and service. TransAct estimates total annual recurring revenue per unit (“ARPU”) will be approximately $1,000 per year.\n\nBOHA! is the first single-vendor cloud-based enterprise system to combine applications for Food Safety, Date Code and Grab n’ Go Labeling, Temperature Monitoring of Food and Equipment, Checklists & Task Management, Inventory Management, Timers, and Food Recall, 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, convenience stores 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.\n\nFor more information on the Company’s BOHA! ecosystem, please visit www.transact-tech.com/m/restaurant-solutions/\n\nAbout TransAct Technologies Incorporated\n\nTransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including food service, casino and gaming and POS automation. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the BOHA!™, AccuDate™, EPICENTRAL®, Epic®, and Ithaca® brands. TransAct has sold o...