-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QN38iWRfaljxvB8DhhEv/iCSoOCoH3f9JOUPsZGs3/0qeplCr9b1LH8wLWqPaHX8 mobqRVR0YkrKCor4DiIaKg== 0000950135-96-005029.txt : 19961120 0000950135-96-005029.hdr.sgml : 19961120 ACCESSION NUMBER: 0000950135-96-005029 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960918 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19961118 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRANSACT TECHNOLOGIES INC CENTRAL INDEX KEY: 0001017303 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 061456680 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-21121 FILM NUMBER: 96668206 BUSINESS ADDRESS: STREET 1: 7 LASER LANE CITY: WALLINGFORD STATE: CT ZIP: 06492 BUSINESS PHONE: 617345900 MAIL ADDRESS: STREET 1: 7 LASER LANE CITY: WALLINGFORD STATE: CT ZIP: 06492 8-K/A 1 TRANSACT TECHNOLOGIES INCORPORATED 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 -------------------- FORM 8-K/A CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 -------------------- Date of Report (Date of earliest event reported): September 18, 1996 TRANSACT TECHNOLOGIES INCORPORATED ---------------------------------- (Exact name of registrant as specified in its charter) DELAWARE 0-21121 06-1456680 -------- ------- ---------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 7 LASER LANE, WALLINGFORD, CONNECTICUT 06492 -------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (203) 269-1198 Page 1 of 36 pages Exhibit Index on page 2 2 Item 5. Other Events - ------- ------------ Transact Technologies Incorporated ("Transact"), an 80.3% owned subsidiary of Tridex Corporation, has entered into a new OEM agreement with GTECH Corporation ("GTECH"), the world's leading supplier of computerized on-line lottery systems. The new agreement extends the term of a prior agreement from 1998 to 2001. The new agreement also modifies the prior agreement by including an initial non-cancellable order which specifies minimum weekly printer purchases to be delivered from October, 1996 through February 1998, with an aggregate sales price of approximately $16 million. Transact expects this order to more than double its anticipated sales volume with GTECH in 1997 from 1996 levels. The total number of printers included in the initial order is not subject to reduction, but deliveries may be accelerated by GTECH on 30 days notice. Under the new agreement, which continues in effect for approximately three and one-half years after the last scheduled delivery under the initial order, i.e., until September 30, 2001, GTECH issues purchase orders for printers and, unless the Company rejects a purchase order within 14 days after receipt, the order is deemed accepted. Orders for complete printers generally require a 30 day lead time. The Company has also agreed to provide spare parts and service for the full term of the agreement. Spare parts prices are firm through January 1998 and are scheduled for renegotiation no later than November 1997. GTECH may terminate the new agreement prior to its expiration in 2001 if (i) the Company fails to perform its obligations under the agreement after written notice of any alleged failure and an opportunity to cure it; (ii) the Company is subject to trade sanctions affecting GTECH's ability to use the printers provided under the agreement; (iii) the Company attempts to transfer its rights or obligations to any other party without GTECH's consent; or (iv) if the Company becomes bankrupt. A copy of the new agreement is filed as an exhibit to this report. The statements contained in this report which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products, and other risks or uncertainties detailed in the Company's filings with the Securities and Exchange Commission. Item 7. Financial Statements and Exhibits --------------------------------- (c) Exhibits. 10.1 OEM Agreement dated September 18, 1996 between GTECH Holdings Corporation and Transact Technologies Incorporated (Pursuant to Rule 24b-2 under the Securities Exchange Act, the registrant has requested confidential treatment of portions of this exhibit deleted from the copy filed herewith.) Previously filed with the Current Report on Form 8-K of Transact on October 11, 1996. 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRANSACT TECHNOLOGIES INCORPORATED DATE November 15, 1996 /s/ Richard L. Cote ----------------- ---------------------------------- Richard L. Cote Executive Vice President and Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----