News

TransAct Technologies appoints three to lead new business units

October 31, 2004

WALLINGFORD, Conn. - TransAct Technologies formed a new business structure to maximize growth opportunities in its core business markets, according to a news release.

Each business unit will each be led by a senior vice president who will report to Bart Shuldman, chairman, president and CEO of TransAct Technologies. Scott Carter will lead point of sale and banking; John Berkley will lead gaming and lottery; and Jim Stetson will lead the TransAct services group.

Shuldman said, "Our gaming and lottery market has been a primary driver of our growth over the past few years. This growth has been complemented by our point of sale and banking market. Our new structure also acknowledges the growing importance of our services business, which has become a very significant revenue and profit driver for us as our number of installed printers has steadily increased."