Release Details

Transact Announces Latest Casino Printer Win

April 19, 2005
Transact Announces Latest Casino Printer Win

WALLINGFORD, CT, April 19, 2005 - TransAct Technologies Incorporated (Nasdaq: TACT), a leading producer of transaction-based printers for customers worldwide, today announced its latest casino printer win. Austrian Gaming Industries GmbH (AGI) selected TransAct's Ithaca Epic 950™ as a preferred thermal ticket printer for AGI's full range of gaming platforms and slot machines.

Austrian Gaming Industries GmbH (AGI) is a wholly owned subsidiary of the Novomatic Group of Companies, a leading European gaming and leisure company. As one of the leading European gaming manufacturers, AGI's focus is on designing, developing and producing high quality gaming products. AGI provides the broadest product range in the gaming industry, including traditional reel-spinning Slot Machines, Video Slots, Video Pokers, Video Lottery Terminals, Limited Stakes Gaming Products (AWP/LPM), Multi-Player Machines and Installations as well as Electronic Live Gaming Equipment. For more information visit http://www.novomatic.com/en/agi/start.htm.

Bart C. Shuldman, Chairman, President and Chief Executive Officer of TransAct Technologies, said, "This is an important win for TransAct Technologies. It points to the continued global expansion of the casino opportunity for TransAct, the strength of our casino printer line, and the effectiveness of our sales and partner network. Similar to what we are achieving in the U.S., our Epic 950™ printer is gaining traction in Europe because of its increased functionality and technologies and because we back each sale up with a dedicated service and support network that differentiates TransAct."

Jens Halle, Managing Director of AGI, commented, "We are pleased to select TransAct's Epic 950™ as a preferred printer across AGI's full range of gaming platforms. TransAct was the clear choice for us after extensive testing and because both of our organizations share in a philosophy of product excellence and integrity. Ticket-in/ticket-out technology is currently big news at our European gaming operations. By integrating TransAct's printer, we can now satisfy this market with the latest AGI products, like our Multi-Gaminator. Finally, TransAct's Epic 950™ delivers the critical security and reliability we require to be successful."

About TransAct Technologies Incorporated

TransAct (Nasdaq: TACT) designs, develops, manufactures and markets transaction-based printers under the ithaca® name. In addition, the Company markets related consumables, spare parts and service. The Company's printers are used worldwide to provide receipts, tickets, coupons, register journals and other documents. TransAct focuses on two core markets: point-of-sale (POS) and banking, and gaming and lottery. TransAct sells its products to original equipment manufacturers, value-added resellers and selected distributors, as well as directly to end-users. The Company's product distribution spans across the Americas, Europe, the Middle East, Africa, the Caribbean Islands and the South Pacific. For further information, visit TransAct's web site located at www.transact-tech.com.

FOR TransAct Technologies:

Steve DeMartino, Chief Financial Officer, 203-269-1198 Ext. 6059
or David Pasquale, 646-536-7006, or Denise Roche, 646-536-7008, both with The Ruth Group

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 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; and the absence of price wars or other significant pricing pressures affecting the Company's products in the United States or abroad. 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.