Order for 305 BOHA!® Terminal devices is expected to generate Annual Recurring Revenue Per Unit of approximately $1,100

HAMDEN, Conn.--(BUSINESS WIRE)--Jun. 2, 2022-- 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 that it has secured a BOHA! Terminal order, representing 305 units, from a national travel stop chain. The customer is in the midst of a transformation plan which includes site upgrades and an all-new fast casual dining experience. The company expects to deploy approximately 305 Terminals in 194 locations, with one or more BOHA! Terminal devices per location.

“As the food service management companies look to grow their fresh food initiatives, our industry leading BOHA! Labeling solution has become the industry standard with all its capabilities. We are thrilled to announce this deal as we continue to execute on new business opportunities in this market, and look forward to working with this new customer,” said Bart C. Shuldman, CEO of TransAct Technologies.

The complete system deployment will initially include the BOHA! Terminal, BOHA! Labeling software and proprietary BOHA! labels. TransAct estimates total annual recurring revenue per unit installed (“ARPU”) will be approximately $1,100 per year.

BOHA! 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, pH measurement, 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 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.

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