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TransAct Technologies Hires Lisa Ferrara As New Vice President of Human Resources Former Dictaphone Corporation Executive Brings Global Experience to TransAct WALLINGFORD, Conn., January 31, 2007 –TransAct Technologies Incorporated (NASDAQ: TACT), the leading producer of transaction-based printers for customers worldwide, today announced Lisa Ferrara has recently joined TransAct as Vice President of Human Resources. In her new role, Ferrara will report directly to Chairman, President and CEO Bart C. Shuldman, assuming responsibility for all hiring, compensation benefits, stock plan administration, recruitment, performance management, employee relations, employee communications, community relations and training for all TransAct locations. Ferrara will maintain an office in the company’s Wallingford corporate headquarters and an office in Ithaca, New York. Ferrara brings with her 18 years of human resources experience, most recently from Dictaphone Corporation, where she held the position of Vice President, Global Human Resources. There she was responsible for providing leadership to an International human resources department. “As TransAct continues to expand globally, I felt it was important to bring in an executive with Lisa’s leadership and international vision,” said Shuldman. “I’m pleased to welcome Lisa as a key member of our executive team and look forward to incorporating her global approach to the organization as we continue to enhance our world-class company.” -more- About TransAct TransAct Technologies Incorporated (NASDAQ:TACT) is the leader in developing and manufacturing market-specific printers for transaction-based industries. These industries include gaming, lottery, banking and hospitality. Each individual market has distinct, critical requirements for printing and the transaction isn’t 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® and Epic product brands. TransAct distributes its products through OEMs, value-added resellers, and selected distributors. Transact has over two million printers installed around the world. TransAct has a strong focus on the after-market side of the business, with a high commitment to printer service, supplies and spare parts. Transact is headquartered in Wallingford, CT. For more information on Transact, visit www.transact-tech.com or call 203.859.6800. # # # |
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