"We are extremely pleased with our third quarter 2009 results," said Bart C. Shuldman, Chairman, President and Chief Executive Officer of TransAct Technologies. "We stayed focused on our strategy and delivered solid results despite the current economic climate. I am proud of the focus and teamwork put forth by our employees who delivered a quarter of record sales in these difficult economic times."

Mr. Shuldman continued, "Our banking and point-of-sale business experienced significant quarter-over-quarter revenue growth of 95%, led primarily by orders from a large banking customer and also increasing sales from the McDonald's coffee and grill initiative. TransAct Services Group (TSG) revenues increased by 40% compared to the third quarter of 2008, primarily due to continued strength in our consumables business, including significantly higher inkjet cartridge sales to a large customer. Our international gaming sales increased 49%, helping to offset a 29% decline in our worldwide casino and gaming printer sales compared to the third quarter of 2008 that resulted largely from a continued slowdown in North American replacement slot machine sales. Lottery sales, which can vary significantly from quarter-to-quarter, declined by 30% due to the timing of orders from our lottery customer. Finally, our balance sheet remains strong, with over $5.5 million in cash and no outstanding debt."

Third Quarter 2009 Results

Revenue for the third quarter of 2009 was $18.0 million, an increase of 4% compared to $17.3 million in the prior-year period. Gross margin for the quarter was 30.7%, compared to 34.0% in the prior-year quarter as the Company worked to use a substantial portion of its existing, higher cost domestic inventory and also sold more lower margin products. Operating expenses were $3.7 million, a decrease of $0.3 million from the prior-year period driven largely by reduced general and administrative expenses. The Company recorded net income in the third quarter of 2009 of approximately $1.2 million, or $0.13 per diluted share, comparable to the prior-year period.

Commenting on the financial results, Steven A. DeMartino, Executive Vice President and Chief Financial Officer of TransAct Technologies said, "Beginning in the third quarter of 2008, we increased the amount of domestic inventory as we prepared for the production transition to China. As the transition was finalized this quarter, our manufacturing group converted a significant amount of the domestic inventory into finished printers, allowing us to meet the increase in demand while also helping to significantly reduce our inventory levels. The additional labor and material costs required to convert the domestic inventory into the printers we sold negatively impacted our gross margin in the third quarter of 2009. However, as a result of the conversion process, we were able to reduce our inventory by $5.7 million, or 47%, to $6.4 million at September 30, 2009, from its peak level of $12.1 million on March 31, 2009. More importantly, with our higher cost domestic inventories nearly depleted, we have now transitioned to our lower cost China-sourced product. This should result in improving gross margin as well as additional cash generation over the quarters ahead. In fact, we now expect our year-end cash position to be over $8 million."

Nine Month 2009 Results

Revenue for the nine months ended September 30, 2009 was $44.4 million, a decrease of 7% compared to $47.9 million in the prior-year period. Gross margin for the nine months ended September 30, 2009 was 32.7%, compared to 33.7% in the prior-year period. Operating expenses were $11.5 million, a decrease of $3.4 million from the prior-year period driven largely by the absence of $3.0 million of legal fees incurred in the prior-year period in connection with the now-settled litigation with FutureLogic, Inc., as well as a reduction in overall operating expenses from cost reduction actions taken during 2009. The Company recorded net income of approximately $2.0 million, or $0.21 per diluted share, for the nine months ended September 30, 2009, compared to net income of approximately $0.8 million, or $0.08 per share, for the prior-year period in 2008. Severance costs reduced net income and earnings per share in the first nine months of 2009 by $0.2 million and $0.01, respectively, while legal fees associated with the FutureLogic, Inc. litigation reduced net income and diluted earnings per share in the first nine months of 2008 by $1.9 million and $0.21, respectively.

Liquidity and Capital Resources

As of September 30, 2009, TransAct had approximately $5.5 million in cash and cash equivalents, and no debt obligations outstanding under the Company's $20 million revolving credit facility. During the third quarter of 2009, the Company did not repurchase any shares under its stock repurchase program. As of September 30, 2009, the Company had repurchased a total of 1,164,100 shares for approximately $8.5 million under its current authorization. TransAct's $15 million repurchase program allows the Company to repurchase up to $6.5 million in additional shares through March 2010.

Investor Conference Call / Webcast Details

TransAct will review detailed third quarter 2009 results during a conference call today at 5:00 PM EST. The conference call-in number is 888-359-3610. A replay of the call will be available from 8:00 PM EST on Monday, November 2 through midnight EST on Monday, November 9 by telephone at 888-203-1112; passcode 3094364. Investors can also access the conference call via a live webcast on the Company's Web site at http://www.transact-tech.com. A replay of the call will be archived on that Web site for one week.

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 casino, gaming, lottery, banking, kiosk and point-of-sale. 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(R) and Epic product brands. TransAct distributes its printers through OEMs, value-added resellers, selected distributors, and direct to end-users. TransAct has over two million printers installed around the world. TransAct is committed to world-class printer service, spare parts and accessories required by a growing worldwide installed base of printers. Beyond printers, TransAct is a leader in providing printing supplies to the full transaction printer market. Through its TransAct Services Group, TransAct provides a complete range of supplies and consumables items used in the printing and scanning activities of customers in the hospitality, banking, retail, gaming and government verticals. Through its webstore, http://www.transactsupplies.com, and an expert direct selling team, TransAct addresses the rapidly growing on-line demand for this product category. TransAct is headquartered in Hamden, CT. For more information on TransAct, visit http://www.transact-tech.com or call 203.859.6800.

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" 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; dependence on a sole source contract manufacturer for the assembly of a large portion of the Company's products in China; dependence on ability to obtain competitive pricing and other terms from our contract manufacturer and other suppliers; the ability to protect intellectual property; 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, Latin America and Asia; economic and political conditions in the United States, Australia, New Zealand, Europe, Latin America and Asia; 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; and risks associated with potential future acquisitions. 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.

                  TRANSACT TECHNOLOGIES INCORPORATED
                   CONSOLIDATED STATEMENTS OF INCOME
                             (Unaudited)

                                Three Months Ended   Nine Months Ended
 (In thousands, except per         September 30,       September 30,
  share amounts)                ------------------  ------------------
                                  2009      2008      2009      2008
                                --------  --------  --------  --------
 Net sales                       $17,982   $17,326   $44,420   $47,930
 Cost of sales                    12,457    11,432    29,913    31,797
                                --------  --------  --------  --------
 Gross profit                      5,525     5,894    14,507    16,133
                                --------  --------  --------  --------
 Operating expenses:
   Engineering, design and
    product development              683       713     2,043     2,119
   Selling and marketing           1,434     1,430     4,287     4,397
   General and administrative      1,614     1,838     5,162     5,335
   Legal fees associated with
    lawsuit                           --        --        --     3,029
                                --------  --------  --------  --------
                                   3,731     3,981    11,492    14,880
                                --------  --------  --------  --------
 Operating income                  1,794     1,913     3,015     1,253
                                --------  --------  --------  --------
 Other income (expense):
   Interest, net                     (15)       (3)      (48)       (6)
   Other, net                          2       102       (28)       96
                                --------  --------  --------  --------
                                     (13)       99       (76)       90
                                --------  --------  --------  --------
 Income before income taxes        1,781     2,012     2,939     1,343
 Income tax provision                597       802       985       535
                                --------  --------  --------  --------
 Net income                       $1,184    $1,210    $1,954      $808
                                ========  ========  ========  ========
 Net income per common share:
   Basic                           $0.13     $0.13     $0.21     $0.09
   Diluted
                                   $0.13     $0.13     $0.21     $0.08
 Shares used in per share
  calculation:
   Basic                           9,294     9,340     9,279     9,309
   Diluted                         9,418     9,630     9,326     9,509


            SUPPLEMENTAL INFORMATION - SALES BY SALES UNIT:

                                Three months ended   Nine months ended
                                   September 30,       September 30,
                                  2009      2008      2009      2008
                                ------------------  ------------------
 Banking and point-of-sale        $5,822    $2,984   $13,780    $8,730
 Casino and gaming                 4,726     6,681    13,042    16,958
 Lottery                           3,335     4,728     6,401    13,124
 TransAct Services Group           4,099     2,933    11,197     9,118
                                ------------------  ------------------
  Total net sales                $17,982   $17,326   $44,420   $47,930
                                ==================  ==================


                  TRANSACT TECHNOLOGIES INCORPORATED
                      CONSOLIDATED BALANCE SHEETS
                           (Unaudited)
                                            September 30,  December 31,
 (In thousands)                                 2009           2008
                                            ------------   -----------
 Assets:
 Current assets:
  Cash and cash equivalents                       $5,511        $2,000
  Receivables, net                                11,028         8,734
  Inventories                                      6,414         9,919
  Refundable income taxes                             28            35
  Deferred tax assets                              1,955         2,054
  Other current assets                               546           352
                                            ------------   -----------
   Total current assets                           25,482        23,094
                                            ------------   -----------
 Fixed assets, net                                 4,772         5,563
 Goodwill, net                                     1,469         1,469
 Deferred tax assets                               1,120         1,759
 Intangibles and other assets, net                   245           349
                                            ------------   -----------
                                                   7,606         9,140
                                            ------------   -----------
  Total assets                                   $33,088       $32,234
                                            ============   ===========

 Liabilities and Shareholders' Equity:
 Current liabilities:
  Accounts payable                                $3,659        $4,863
  Accrued liabilities                              2,048         2,847
  Deferred revenue                                   614           333
                                            ------------   -----------
   Total current liabilities                       6,321         8,043
                                            ------------   -----------

 Deferred revenue, net of current portion            427           259
 Accrued warranty, net of current portion             74           133
 Deferred rent                                       435           473
 Other liabilities                                    44            44
                                            ------------   -----------
                                                     980           909
                                            ------------   -----------
  Total liabilities                                7,301         8,952
                                            ------------   -----------

 Shareholders' equity:
  Common stock                                       105           105
  Additional paid-in capital                      21,439        20,890
  Retained earnings                               12,847        10,893
  Accumulated other comprehensive loss, net
   of tax                                            (66)          (68)
  Treasury stock, at cost                         (8,538)       (8,538)
                                            ------------   -----------
   Total shareholders' equity                     25,787        23,282
                                            ------------   -----------
  Total liabilities and shareholders' equity     $33,088       $32,234
                                            ============   ===========

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: TransAct Technologies, Inc.

CONTACT:  TransAct Technologies Incorporated
Steven DeMartino, EVP and Chief Financial Officer
203-859-6810
ICR Inc.
William Schmitt
203-682-8200

Expected next investor conference call information:
Conference Call Date: 11/2/2009
Conference Call Time (ET): 5:00 PM
Conference Call URL: http://investor.shareholder.com/transact-tech/eventdetail.cfm?EventID=73468

A replay of the call will be available two hours following the end of the call through midnight EST on Monday, November 9 at www.transact-tech.com and by telephone at (888) 203-1112; passcode 3094364.

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 casino, gaming, lottery, banking, kiosk and point-of-sale. 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(R) and Epic product brands. TransAct distributes its printers through OEMs, value-added resellers, selected distributors, and direct to end-users. TransAct has over two million printers installed around the world. TransAct is committed to world-class printer service, spare parts and accessories required by a growing worldwide installed base of printers. Beyond printers, TransAct is a leader in providing printing supplies to the full transaction printer market. Through its TransAct Services Group, TransAct provides a complete range of supplies and consumables items used in the printing and scanning activities of customers in the hospitality, banking, retail, gaming and government verticals. Through its webstore, http://www.transactsupplies.com, and an expert direct selling team, TransAct addresses the rapidly growing on-line demand for this product category. TransAct is headquartered in Hamden, CT. For more information on TransAct, visit http://www.transact-tech.com or call 203.859.6800.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: TransAct Technologies, Inc.

CONTACT:  TransAct Technologies Incorporated
Steven DeMartino, EVP and Chief Financial Officer
203-859-6810
ICR Inc.
William Schmitt
203-682-8200

In a press release out on October 13, 2009 USA Technologies Surpasses $5M a Month in Processed Cashless Transactions

Record Confirms Adoption and Consumer Preference for Cashless Micro-transactions

MALVERN, Pa., Oct 13, 2009 -- USA Technologies, Inc. (NASDAQ: USAT), announced today an important company milestone in cashless transaction processing -- surpassing $5 million in cashless micro-transactions processed through its network in a single month.

About USA Technologies:

USA Technologies is a leader in the networking of wireless non-cash transactions, associated financial/network services and energy management. USA Technologies provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. The Company has agreements with AT&T, Visa, MasterCard, First Data, Compass and others. For further information on USA Technologies, please visitwww.usatech.com. To view a Company overview presentation, visit http://www.usatech.com/company_info/dl/USAT_company_overview.pdf

-- October 13, 2009 TransAct Technologies Incorporated (Nasdaq:TACT) trading at $5.55 on a volume of 500 shares

In a press release on October 13, 2009 TransAct Technologies to Report Third Quarter 2009 Earnings On Monday, November 2, 2009

HAMDEN, Conn., Oct 13, 2009 -- TransAct Technologies Incorporated (Nasdaq:TACT), a leading producer of transaction-based printers for customers worldwide, today announced that it will report its third quarter 2009 results after the market closes on Monday, November 2, 2009.

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 casino, gaming, lottery, banking, kiosk and point-of-sale. 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(R) and Epic product brands. TransAct distributes its printers through OEMs, value-added resellers, selected distributors, and direct to end-users. TransAct has over two million printers installed around the world. TransAct is committed to world-class printer service, spare parts and accessories required by a growing worldwide installed base of printers. Beyond printers, TransAct is a leader in providing printing supplies to the full transaction printer market. Through its TransAct Services Group, TransAct provides a complete range of supplies and consumables items used in the printing and scanning activities of customers in the hospitality, banking, retail, gaming and government verticals. Through its webstore, http://www.transactsupplies.com, and an expert direct selling team, TransAct addresses the rapidly growing on-line demand for this product category. TransAct is headquartered in Hamden, CT. For more information on TransAct, visit http://www.transact-tech.com or call 203.859.6800.

-- October 13, 2009 IncrediMail Ltd. (Nasdaq:MAIL) trading at $8.61 on a volume of 25,475 shares.

In a press release out on October 13, 2009 IncrediMail Ltd. to Present at Security Research Associates' Growth Stock Conference on October 19, 2009

TEL-AVIV, Israel, Oct 13, 2009 -- IncrediMail Ltd. (Nasdaq:MAIL), an Internet company, today announced that Jeff Holzmann, president of IncrediMail Inc, New York is scheduled to present at Security Research Associates' Growth Stock Conference on Monday, October 19, 2009 at 4:00 pm EDT. The conference will be held at the Omni Hotel in New York City.

About IncrediMail Ltd.

IncrediMail Ltd. is an internet company that develops customized, downloadable graphic consumer applications used to generate search related revenues and designs, markets and delivers high end personal desktop software. The company's award winning e-mail client product, IncrediMail Premium, is sold in over 100 countries in 10 different languages. Other products include, HiYo a graphic add-on to instant messaging software, Magentic, a wallpaper and screensaver software, and PhotoJoy, software for presenting digital personal photos.

-- October 13, 2009 NAPCO Security Technologies, Inc. (NASDAQ: NSSC) last at $1.53 on a volume of 1,500 shares

In a press release out on October 13, 2009 NAPCO Security Technologies, Inc. to Present at Growth Stock Conference in New York City Hosted by Security Research Associates, Inc.

AMITYVILLE, N.Y., Oct 13, 2009 -- NAPCO Security Technologies, Inc., (NASDAQ: NSSC), one of the world's leading suppliers of high performance electronic security equipment for over 30 years, today announced it will be presenting at the Security Research Associates' Growth Stock Conference. The conference will be held on Monday, October 19th at the Omni Berkshire Place in New York, New York and NAPCO's presentation will be held at the Guggenheim room at 11:00 am ET.

NAPCO Security Technologies, Inc. is one of the world's leading manufacturers of technologically advanced electronic security equipment including intrusion and fire alarm systems, access control and door locking systems. The Company consists of NAPCO plus three wholly-owned subsidiaries: Alarm Lock, Continental Instruments, and Marks USA. The products are installed by security professionals worldwide in commercial, industrial, institutional, residential and government applications. NAPCO products have earned a reputation for technical excellence, reliability and innovation, poising the Company for growth in the rapidly expanding electronic security market, a multi-billion dollar market.

For additional information on NAPCO, please visit the Company's web site at www.napcosecurity.com.

-- October 13, 2009 Majesco Entertainment Company (Nasdaq: COOL) trading at $1.42 on a volume of 29,336 shares

In a press release out on October 13, 2009 Majesco Entertainment Releases 'a boy and his blob' for Wii(TM)

Critically Acclaimed Reimagining of NES Classic Features Hand-Drawn Animation and Touching Storyline

EDISON, N.J., Oct 13, 2009 -- Majesco Entertainment Company (Nasdaq: COOL), an innovative provider of video games for the mass market, today announced that a boy and his blob for Wii(TM) is available at retailers nationwide. Developed by WayForward Technologies, this reimagining of the classic Nintendo Entertainment System (NES) game is available for a new generation of fans on the 20th Anniversary of the original game. Fans new and old will be captivated by the beautiful hand-drawn art that creates a standout aesthetic. Nintendo Power called the game "stunning" and "fun," rating it 8.5 out of 10, and Game Informer awarded the "beautifully designed" game an 8 out of 10, noting it is also "charming and innovative."

About Majesco Entertainment Company

Majesco Entertainment Company is a provider of video games for the mass market. Building on more than 20 years of operating history, the company is focused on developing and publishing a wide range of casual and family oriented video games on Wii(TM), Nintendo DS(TM) and other leading systems. Franchise highlights include Cooking Mama(TM), Cake Mania(R) and Jillian Michaels' Fitness Ultimatum. The company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ and has an international office in Bristol, UK. More information about Majesco can be found online at www.majescoentertainment.com. @Majesco is on twitter or at www.twitter.com/majesco.

-- October 13, 2009 Novell, Inc. (Nasdaq: NOVL) trading at $4.52 on a volume of 697,160 shares

In a press release out on October 13, 2009 SAP and Novell Expand Global Partnership to Help Customers Deliver Confident Business and IT Governance, Risk and Compliance Programs

PHOENIX, Oct 13, 2009 -- Novell, Inc. (Nasdaq: NOVL) and SAP AG (NYSE: SAP) today announced the expansion of their existing global partnership to include the delivery of integrated governance, risk, and compliance (GRC) solutions. The companies are cooperating on product integration and planning to collaborate on joint go-to-market activities and alignment of strategic direction related to GRC solutions. This includes integration of GRC solutions from the SAP(R) BusinessObjects(TM) portfolio with Novell security and identity products, as well as plans for joint marketing and selling of the integrated solutions to joint customers.

About Novell

Novell, Inc. (Nasdaq: NOVL) delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com.

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