Aristocrat Selects TransAct's Printers as Standard for Australian Gaming Market

Aristocrat Selects TransAct's Printers as Standard for Australian Gaming Market



WALLINGFORD, Conn., Feb. 17  /PRNewswire-FirstCall/ -- TransAct Technologies
Incorporated , a leading producer of transaction- based printers for customers
worldwide, today announced that Aristocrat , Australia's largest slot machine
manufacturer, has selected TransAct's Series 850 line of thermal printers to be
largely used for slot machines in the Australian gaming market.  Australia is
the second largest slot machinemarket in the world with over 240,000 slot
machines.  According to industry sources, Aristocrat currently controls 70% of
the slot machine manufacturing market in this region.

Bart C. Shuldman, Chairman, President and CEO of TransAct Technologies said,
"This is exciting news for us, as TransAct will now be the dominant supplier of
slot machine printers to the Australian gaming market. Aristocrat's decision to
use our Series 850 line as their printer of choice further validates the design,
quality, and reliability of our printers.  We have been working with casino
operators and slot machine manufacturers to bring the concept of cashless gaming
to fruition in the U.S. over the last year.  With Australia's transition to
cashless gaming beginning to take hold and rolling out over the next few years,
this agreement further extends the momentum we have generated domestically and
should significantly drive increased sales of our slot machine printers in the
years to come. Given the strategic relationships we have in place with key
players in the industry worldwide, TransAct will continue to benefit
considerably from the international market's move to cashless gaming."

About TransAct Technologies Incorporated

TransAct (NASDAQ:TACT) designs, develops, manufactures and markets
transaction-based printers under the ITHACA and MAGNETEC names.  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 (retail and financial) 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 http://www.transact-tech.com/.

   CONTACTS:
   Richard L. Cote, Chief Financial Officer, 203-269-1198 Ext. 6020
   or David Pasquale, 646-536-7006, or Jim Olecki, 646-536-7021 both with
   The Ruth Group

  Forward-Looking Statements:


The Company's forward-lookingstatements in this press release are subject to a
number of risks and uncertainties. Risks and uncertainties include, 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 third parties
for sales outside the United States, including Australia, New Zealand; 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; risks associated with the determination of payments to a
competitor that has advised the Company that certain of its printers may use the
competitor's patents; the Company's ability to successfully sublease its
facility in Wallingford, CT subsequent to its closing; 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. 

DATASOURCE: TransAct Technologies Incorporated



CONTACT:  Richard L. Cote, Chief Financial Officer of TransAct

Technologies Incorporated, [phone], Ext. 6020; or David Pasquale,

[phone], or Jim Olecki, [phone], both of The Ruth Group, for

TransAct Technologies Incorporated



Web site:  http://www.transact-tech.com/ 

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