TransAct Lands First BOHA!® Enterprise License Sale
All-software deal includes 300 locations nationwide
BOHA! WorkStations will be sold separately as locations come online, doubling previous sales record
HAMDEN, Conn.--(BUSINESS WIRE)--Jul. 7, 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 signed its first ever BOHA! software enterprise license Purchase Agreement, covering all 300 locations for a foodservice operator within retail establishments. This agreement for the BOHA! cloud software solution is for a five-year period and features an average revenue per unit (“ARPU”) of approximately $950 per year.
In addition to the enterprise software license agreement, this customer will purchase 300 BOHA! WorkStation devices to support their labeling needs. The initial installation of 50 locations will occur over the next three months with the remaining locations completed in less than a year. This represents TransAct’s largest BOHA! WorkStation order ever, more than doubling the previous record which came in May.
“This software-led win represents a major step in the life of our industry-leading BOHA! solutions as we continue our evolution into a SaaS-based solution provider. And with two BOHA! WorkStation sales records being broken in just a few months, we believe this demonstrates strong demand and continuing momentum for our solutions, and we are pleased to welcome this new customer to the BOHA! family,” said Bart C. Shuldman, CEO of TransAct Technologies.
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/