Release Details

WALLINGFORD, CT, August 29, 2006 - TransAct Technologies, Incorporated. (Nasdaq: TACT), a global leader in market-specific printers for transaction-based industries, today announced that it was awarded U.S. patent no. 7,099,035 for its dual port printing technology. The new patent covers various methods for driving printers that can be used, for example, to provide both cash vouchers and non-cash coupons. This latest patent, together with TransAct's previous patent for the dual port printer interface, expands the company's intellectual property in this important technology. The proprietary position secured by these patents further establishes TransAct as the industry leader for printers used by those in the casino/gaming industry that want to do promotions or coupons at the slot machine and other venues.

"We are extremely pleased to receive our latest patent for technologies related to our premier printer products. This new patent adds significantly to our growing portfolio of patents for the dual port technology, and further strengthens our competitive advantage in the marketplace," said Bart C. Shuldman, Chairman, President and CEO. "The issuance of a second patent on our dual port implementation validates and serves to protect TransAct's proprietary printer technology. TransAct continues to place great emphasis on protecting our intellectual property portfolio."

About TransAct Technologies Incorporated

TransAct Technologies Incorporated (Nasdaq:TACT) is a leader in developing and manufacturing market-specific printers for transaction-based industries. These industries include gaming, lottery, banking and hospitality. Each individual market has distinct, critical requirements for printing and the transaction is not complete until the receipt and/or ticket is produced. TransAct printers are designed from the ground up based on market specific requirements and are sold under the Ithaca® and Epic product brands. TransAct distributes its products through OEMs, value-added resellers, selected distributors, and direct to end-users. TransAct has over two million printers installed around the world. TransAct also has a strong focus on the after-market side of the business, with a high commitment to printer service, supplies and spare parts. TransAct is headquartered in Wallingford, CT. For more information on TransAct, visit www.transact-tech.com or call 203.859.6800.

Contacts:

Steven DeMartino, Chief Financial Officer, 203-859-6810 or David Pasquale, 646-536-7006, or Denise Roche, 646-536-7008, both with The Ruth Group

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Forward-Looking Statements: Certain statements in this press release include forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "project" or "continue" or the negative thereof or other similar words. All forward-looking statements involve risks and uncertainties, including, but are not limited to, customer acceptance and market share gains, both domestically and internationally, in the face of substantial competition from competitors that have broader lines of products and greater financial resources; introduction of new products into the marketplace by competitors; successful product development; dependence on significant customers; dependence on significant vendors; the ability to recruit and retain quality employees as the Company grows; dependence on third parties for sales outside the United States, including Australia, New Zealand, Europe and Latin America; economic and political conditions in the United States, Australia, New Zealand, Europe and Latin America; marketplace acceptance of new products; risks associated with foreign operations; availability of third-party components at reasonable prices; price wars or other significant pricing pressures affecting the Company's products in the United States or abroad; risks associated with potential future acquisitions; and the outcome of lawsuits between TransAct and FutureLogic, Inc. Actual results may differ materially from those discussed in, or implied by, the forward-looking statements. The forward-looking statements speak only as of the date of this release and the Company assumes no duty to update them to reflect new, changing or unanticipated events or circumstances.