TransAct to Showcase Its Leading AccuDate XL Restaurant Terminal and Host Panel Discussion at FSTEC 2017

CrunchTime® and Jolt™ Software Collaborations Allow the AccuDate XL
to Play a Critical Role in Food Safety Labeling and Back-of-House
Operations

HAMDEN, Conn.–(BUSINESS WIRE)–TransAct® Technologies Incorporated (Nasdaq:TACT) (“TransAct” or “the
Company”), a global leader in software-driven technology and printing
solutions for high-growth markets, announced today that the Company will
demonstrate how its AccuDate™ XL restaurant terminal dramatically
improves food safety labeling accuracy and overall back-of-house
operations at FSTEC 2017, to be held on September 17‐19, 2017 at the
Anaheim Marriott (Booth #304) in Anaheim, California. TransAct will also
host a panel discussion at FSTEC where the Company and several
high-profile operators will discuss how to leverage technology to
improve food safety and protect their customers and brands.

“In an environment where high-profile food safety incidents have
increased the pressure on restaurant and foodservice companies to
implement technology-enabled solutions and replace outdated processes to
protect their customers and brands, our AccuDate XL has emerged as the
industry’s platform of choice,” said Bart C. Shuldman, Chairman and CEO
of TransAct Technologies. “TransAct’s AccuDate XL is an easy-to-use
kitchen assistant that can quickly handle food safety labeling and
information distribution, while helping operators of all sizes combat
rising costs and lower profits through the efficient management of their
back of house operations. In particular, we have cultivated an
attractive software ecosystem around the AccuDate XL by partnering with
leading software providers such CrunchTime Information Systems and Jolt
that will continue to extend the capabilities of our solution to ensure
that it always adapts to the changing needs of the market. We look
forward to visiting with current and potential customers at FSTEC 2017
to demonstrate how the AccuDate XL can transform their businesses.”

The revolutionary AccuDate XL restaurant technology solution from
TransAct is a rugged, splash resistant, Android-based terminal that
designed to function reliably in harsh kitchen environments. It features
an easy-to-read 9.7-inch LCD touch screen, a full range of built-in
connectivity options (including Ethernet, Wi-Fi, Bluetooth and USB), and
two easy-to-clean internal TransAct high speed thermal label printers
that offer a straight paper path for simple loading. When used in
conjunction with the powerful software offerings provided by CrunchTime
and Jolt, the AccuDate XL becomes a hub for a wide range of
operations-enhancing applications associated with food safety, food
prep, employee training and operational efficiency.

KitchenSync Brings the AccuDate XL to CrunchTime-Based Operations

Restaurant and foodservice operators that have deployed CrunchTime
Information Systems’ industry-leading back-office restaurant management
platform can add the AccuDate XL to their kitchen operations through the
new Android-based KitchenSync™ app. Thanks to a partnership between
TransAct and CrunchTime, the AccuDate XL powered by KitchenSync is a
fully integrated prep planning and recipe display station that connects
kitchen prep functions with CrunchTime’s enterprise back-office
platform, delivering powerful features that incorporate sales forecasts,
intra-day POS transactions, and historical consumption patterns to
provide the restaurant team with the ability to review the day’s prep
plan, perform prep as required by the flow of the business and print
prep labels using the AccuDate XL. KitchenSync also updates inventory
levels that can trigger prep and purchasing alerts, displays recipe
information, preparation instructions, plating instructions, recipe
pictures, video, cost information, nutritional information, and allergen
information.

TransAct invites customers to view the following video (https://vimeo.com/224938107)
to better understand the broad array of revolutionary capabilities
enabled by the combined AccuDate XL and KitchenSync solution.

AccuDate XL + Jolt Now a More Powerful Connection

Through an innovative partnership between TransAct and Jolt, the
AccuDate XL is available with the Jolt for TransAct software platform.
Jolt for TransAct eliminates errors in date/code labeling by
automatically calculating the proper “sell by” and “use by” dates and
printing high quality, easy to read labels. Jolt for TransAct also
enables on-demand printing of grab ‘n go labels, removing the need for
restaurants to maintain inventory of pre-printed labels. Introduced at
FSTEC 2017, a powerful new feature called the Information Library
enables restaurant operators to centrally manage and distribute training
videos, recipe cards, safety instructions, and more to AccuDate XL
terminals in the field. This new Information Library feature ensures
that content is always up to date and saves costs by eliminating print
and ship expenses for items such as recipe cards and videos. Jolt’s
cloud-based administration tools allow restaurant and food service
operators to centrally manage the menu items, label templates and
content stored in the Information Library, and enables operators to then
push that information to their terminals on a local, regional or
national basis.

Innovation Forum: Leveraging Technology to Protect Your Customers
and Brand

For the first time, TransAct will host one of the Innovation Forum panel
discussions for attendees visitng FSTEC. On Tuesday, September 19 from
8:30 a.m. to 9:15 a.m. in room Platinum 3, Miguel Ortiz, Director of
Marketing, Restaurant Solutions at TransAct Technologies will join a
distinguished panel of restaurant owners and franchise operators –
including Bill Ford, Director of Operations at Stewart Restaurant Group,
David Pennant-Jones, Chief Technical Officer of Paradigm Investment
Group (a leading franchisee of Hardee’s, Jersey Mike’s and Blaze Pizza
restaurants) and Emily Thompson, Director of Food Safety at Red Robin
Gourment Burgers – to discuss best practices in meeting and exceeding
food safety compliance and industry food labeling regulations. The
panelists will also speak about how automated processes are beginning to
replace outdated manual back-of-house operations management processes
and their use of purpose-built hardware to collect and leverage data to
deliver a better dining experience.

For more information on the AccuDate XL, FSTEC 2017 visitors can stop by
the Company’s booth (#304) and all customers can visit http://getfoodsafety.com/
or https://www.transact-tech.com/restaurant-solutions.

About TransAct Technologies Incorporated

TransAct Technologies Incorporated is a global leader in developing
software-driven technology and printing solutions for high-growth
markets including restaurant solutions, POS automation, casino and
gaming, lottery, mobile and oil and gas. The Company’s solutions are
designed from the ground up based on customer requirements and are sold
under the AccuDate™, EPICENTRAL®, Epic®, Ithaca®, RESPONDER and
Printrex® brands. TransAct has over 3.0 million printers and terminals
installed around the world and is committed to providing world-class
service, spare parts and accessories to support its installed product
base. Through the TransAct Services Group, the Company also provides
customers with a complete range of supplies and consumable items both
online at http://www.transactsupplies.com
and through its direct sales team. TransAct is headquartered in Hamden,
CT. For more information, please visit http://www.transact-tech.com
or call (203) 859-6800.

AccuDate is a registered trademark of TRANSACT Technologies
Incorporated. ©2017 TRANSACT Technologies Incorporated. All rights
reserved.

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 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; our
competitors introducing new products into the marketplace; our ability
to successfully develop new products; our dependence on significant
customers; our dependence on significant vendors; dependence on contract
manufacturers for the assembly of a large portion of our products in
Asia; our ability to protect intellectual property; our ability to
recruit and retain quality employees as the Company grows; our
dependence on third parties for sales outside the United States,
including Australia, New Zealand, Europe, Latin America and Asia; the
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; the 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; our new line of food safety and oil and gas products
driving increased adoption by customers; and other risk factors detailed
from time to time in TransAct’s reports filed with the Securities and
Exchange Commission. 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.

Contacts

Investors:
TransAct Technologies Incorporated
Steve
DeMartino, 203-859-6810
President and Chief Financial Officer
or
JCIR
Richard
Land, Joseph Jaffoni, Jim Leahy
212-835-8500
tact@jcir.com