TransAct Secures BOHA! Solutions Order for Large Sushi Operator

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 another new BOHA! agreement with the second largest sushi operator in the U.S. This company operates sushi bars in upscale supermarkets, cafes, hospitals, universities and corporate foodservice locations and expects to deploy the BOHA! system in approximately 1,200 locations by year end.

The complete system deployment will include the BOHA! Labeling SaaS-based app and TransAct Enterprise Management System (“TEMS”) alongside the BOHA! Terminal, TransAct Care Premier Express Warranty as well as proprietary TransAct designed labels. In light of the current economic environment and the ongoing challenges it presents to our customers, TransAct for the first time is providing the BOHA! ecosystem as a bundled solution, with hardware, software, and a 36-month warranty all invoiced in a single monthly charge. This operator now has the ability to transform their back of house operations without having to spend capital upfront to purchase the hardware. The agreement is expected to generate over $1.7M per year for three years, totaling approximately $5.2M. In addition, the customer is evaluating BOHA! Temp, our temperature monitoring software application, and expects to deploy this in 2021.

“As the ongoing economic ripples of COVID-19 continue to be felt across our customer base, we are pleased to be offering our industry leading BOHA! solutions to customers in one easy-to-manage, bundled package. Our BOHA! solutions, now more than ever, provide the ability to cut costs and improve productivity on mission critical processes essential to keeping our clients operations running on budget. We are thrilled to provide the flexibility and convenience of a bundled package to this large Sushi operator and other customers going forward,” said Bart C. Shuldman, Chairman and CEO of TransAct Technologies.

BOHA! is the first single-vendor solution to combine applications for Food Safety Labeling, Temperature Monitoring of Food and Equipment, Inventory Management, Timers, Food Recalls, Checklists & Procedures, Equipment Service Management and Delivery Management 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. BOHA! Terminal TEMS ensures only approved apps and functions are available on the device.