SOURCE: JCM Global

JCM Global

August 04, 2014 07:07 ET

JCM Enters Into Definitive Agreement to Acquire FutureLogic, Adding to Peripheral Product Portfolio

LAS VEGAS, NV--(Marketwired - Aug 4, 2014) - JCM Innovation Corp., a subsidiary of JCM American, doing business as JCM Global, has entered into a definitive agreement to acquire FL Group, Inc., doing business as FutureLogic, from American Capital, Ltd. (NASDAQ: ACAS). The acquisition adds to JCM's exceptional line of peripheral component products, including bill validators, printers and digital media.

FutureLogic printers and couponing solutions, such as Ticket2Go™, TableXchange® and PromoNet® systems products, provide key technology platforms for growth initiatives and recurring revenue. The products will strengthen and diversify JCM's peripheral portfolio to the marketplaces and industries it serves globally, such as banking, gaming, kiosk, retail and transportation.

In addition to the FutureLogic line of products, JCM will continue to market, sell, service and support the Nanoptix line of printers, including the award-winning PayCheck 4™ thermal printer.

"We are very pleased to add FutureLogic's excellent line of printers and coupon solutions to the award-winning line of JCM's peripheral products. Since the beginning, JCM has operated with a philosophy of 'customer first,' and this acquisition will allow us to service our customers with more freedom of choice with unique and innovative peripheral solutions," said JCM Global President Akiyoshi Isoi.

"We are fortunate to be in this position to capitalize on opportunities, such as the acquisition of FutureLogic. By maintaining our focus on 'best-in-class' components and continual dialog with our key customers, JCM will continue to deliver 'value-added' solutions that the marketplace desires," Isoi added.

"We look forward to the next phase of development for FutureLogic as it brings innovative technology and world class customers to help fuel the growth of JCM," said FutureLogic Chief Marketing Officer John Edmunds. "The combination of JCM and FutureLogic product portfolios will provide a compelling offering in a variety of markets." 

About JCM Global
JCM Global is the world's leading transaction technologies supplier for the banking, retail, kiosk and gaming industries. With unsurpassed service and support, JCM Global is trusted by operators, manufacturers and integrators on six continents. Its extensive line of award-winning products set global standards with ground-breaking products like the iVIZION®, Universal Bill Acceptor (UBA®) and Vega-RC™ bill validators, Intelligent Cash Box (ICB®) and PayCheck 4™ thermal printer. For more information, visit JCM Global's 24-hour tradeshow at www.jcmglobal.com.

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