This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

TransAct Technologies Announces Its Printrex 920 Printer Approved For Use With The Warrior Data Acquisition System

Stocks in this article: TACT

HAMDEN, Conn., Feb. 13, 2013 (GLOBE NEWSWIRE) -- TransAct Technologies Incorporated (Nasdaq:TACT), a global leader in market-specific solutions, including printers, terminals, software and other products for transaction-based and other industries, today announced that its new Printrex 920 – the first full-color printer/plotter designed from the ground up to perform in the adverse environment of a logging truck or off-shore platform for oil and gas exploration – has been approved for use with the Warrior 8 Data Acquisition System from Scientific Data Systems, Inc. ("SDS"), one of the largest suppliers of data acquisition systems for use in oil and gas exploration and production markets.

"Today's approval is a major step forward for TransAct and the introduction into the oil and gas exploration market for our new Printrex 920 color thermal printer," said Bart C. Shuldman, Chairman and Chief Executive Officer of TransAct Technologies. "The industry's desire for color logging reports in the field is now a reality and our reputation as a top-flight and reliable printer supplier to the oil and gas industry makes the Printrex 920 an ideal complement for the Warrior Data Acquisition System. The Data Acquisition System components must be capable of surviving in the harsh environments of the well site, and it requires a printer that can also withstand the rigors of trucking and offshore platforms. The Printrex 920 is not only built to last, its innovative color printing solution including the ability to print without cartridges or ribbons provide the consumer with a true color solution."

SDS's Warrior Logging software is responsible for data monitoring and logging, and its Data Acquisition System consists of a tool interface and power supply panel, computer, printer and optional depth, line speed, line weight panel and perforating power supply. The Data Acquisition Systems are used in exploration and production job site locations around the world (both on and off-shore) and are used specifically for Cased Hole, Open Hole, Slick Line Memory and LWD applications.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,677.90 +216.58 1.32%
S&P 500 1,950.82 +23.71 1.23%
NASDAQ 4,452.7920 +69.9450 1.60%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs