WEST GREENWICH – GTECH Corporation recently entered into an agreement to buy thermal printers from Wallingford, Conn.-based TransAct Technologies Incorporated, a leading producer of transaction-based printers for customers worldwide. The five-year agreement is worth up to $20 million to TransAct.
Bart C. Shuldman, chairman and CEO of TransAct Technologies, said, "This is a big win for us as TransAct will now supply the next generation thermal printer to GTECH. As the world-wide lottery market has moved toward thermal printing, TransAct is now positioned to benefit greatly from that transition."
Under this agreement, TransAct will design a thermal printer modified for GTECH, with volume production scheduled for early 2003. GTECH has been one of TransAct’s largest customers since TransAct developed a 27-wire impact printer for GTECH over seven years ago, which remains a main component of GTECH’s Isys lottery terminal.
Beyond Cash Donations: How New Forms of Giving Are Transforming Not-for-Profit Accounting
Evolving Funding Landscape for Not-for-Profits Not-for-profit organizations are being asked to do more with less,…
Learn More
Cox to start new
brand campaign
ATLANTA, Ga. — Cox Communications, Inc., a leading provider of broadband communications services in the state, is defining its brand image with a new advertising campaign that introduces the tagline, "Your Friend in the Digital Age."
Joe Rooney, Cox’s senior vice president of marketing, said, "It’s a promise to our customers that we will continue to use our advanced technology and expertise to bring customer-friendly, cutting-edge products and services to their homes. It’s what truly sets us apart from our competitors."
The "Your Friend in the Digital Age" campaign, which centers on demonstrations of the many ways Cox is a friend to its customers, is airing locally on Cox Communications cable systems and some local broadcast media.
Cox is the nation’s fifth-largest cable television provider, and offers both traditional analog video programming under the Cox Cable brand as well as advanced digital video programming under the Cox Digital Cable brand.
General Dynamics
awarded $260 million Air Force contract
SCOTTSDALE, Ariz. – General Dynamics Decision Systems, a business unit of General Dynamics, has been awarded an indefinite delivery/indefinite quantity contract with a potential value of $260 million by the U.S. Air Force for manufacturing and integrating Theater Deployable Communications Integrated Communications Access Packages (TDC ICAP). At this time, $20 million has been obligated against the contract.
TDC is a ground communications system that is flexible, portable and rapidly deployable. Through the system, Air Force units can send and receive secure voice, data and video messages via wireless, satellite or other existing phone and wireline systems. The TDC ICAP modules have been tested through the Joint Interoperability Test Center (JITC) for interface with current U.S. Air Force legacy systems within all areas of operation requiring deployable communications.
DIRECTV now offering
local channels in Providence
PROVIDENCE – DIRECTV, Inc. announced last week that it began offering local broadcast channels via satellite in Providence. The local broadcast channel package is available to consumers in combination with any TOTAL CHOICE programming package.
The local channels that are now available are WLNE (ABC)/Channel 6, WJAR (NBC)/Channel 10, WPRI (CBS)/Channel 12, WLWC (UPN/WB)/Channel 28, WEDN (PBS)/Channel 53, and WNAC (FOX)/Channel 64.
Covansys and Appshop
form strategic alliance
FARMINGTON HILLS, Mich. — Covansys Corporation, a global consulting and technology services company with offices in Providence, announced a strategic alliance with Appshop, Inc., a leading application management and outsourcing company specializing in Oracle’s E-Business Suite and complementary applications.
Under the agreement Covansys will expand its capabilities and service offerings to include expertise concerning Oracle’s E-Business Suite of applications.
"Aligning our services and expertise with that of Appshop enhances Covansys’ expertise, allowing us to quickly service a broader range of clients," said Gerald Massey, executive vice president, Covansys.
Appshop specializes in providing a full range of managed services for enterprise business applications utilizing Oracle’s E-Business Suite. Covansys’ expertise lies in industry-specific solutions, strategic outsourcing and integration services.
TekCel announces
$8.7 million equity financing
HOPKINTON, Mass. – TekCel, a manufacturer of place management solutions for the drug discovery marketplace, recently announced that it closed an $8.7 million private equity financing round. Ampersand Ventures led the investment group, which also included Boston Community Venture Fund and Hawthorne Investments LP.
TekCel will use the proceeds to accelerate the commercialization of its two platforms, the Plate Management System and Assay TekBench, and to further its research and development efforts.
(Compiled from news reports and releases.)
