Ithaca® Model 850-V To Support Growth of Slim Line and Slant Top Gaming Machines

Wallingford, CT, April , 2004 – TransAct Technologies Incorporated (Nasdaq: TACT), a leading producer of transaction-based printers for customers worldwide under the Ithaca® brand name, today announced the availability of its new Ithaca® brand Model 850-V thermal gaming printer. With the Model 850-V printer, TransAct adds a vertical option to its Series 800 family, thus continuing to support the migration to ticket-in/ticket-out coinless systems for the gaming and lottery industries.



The Model 850-V printer is built upon the same technology and firmware as the Company’s industry-leading Ithaca® Model 850 thermal gaming printer, but configured vertically for slim line or slant top machines. The printer comes standard with a unique bezel with Flex-Zone™, which prevents ticket jams by allowing the tickets to bend if the exit path is blocked. The bezel is lighted for high visibility. Additional features include ultra high-speed 5 inches per second printing and easy ticket loading.



TransAct Technologies’ Vice President and Business Manager of Worldwide Gaming, Jon Berkley said, “We have been working with casino operators and slot machine manufacturers to bring the concept of coinless gaming to fruition in the U.S. over the last year. Extending the Series 800 product line further validates our efforts to support this initiative. The Ithaca® Model 850-V printer offers the same high quality functions and convenience of the industry-leading Model 850 gaming printer, but is designed in a vertical format to fit within the more stringent size constraints of slim line and slant top slot machines. We continue to expand our offerings in the casino market by providing solutions that meet customer needs. Our innovative printer designs and proven track record give us a competitive advantage in working with casinos and slot machine manufacturers.”



See TransAct’s new Ithaca brand 850-V printer for your self at the NIGA show, April 4-7 in Albuquerque, NM, booth #1326.



About TransAct Technologies Incorporated

TransAct designs, develops, manufactures and markets transaction-based printers under the ITHACA® and MAGNETEC® brand 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. The Company focuses on the following vertical markets: point-of-sale ( POS), and gaming and lottery. All of TransAct's products are manufactured in ISO 9001 certified facilities. Visit www.transact-tech.com for more information.