TRANSACT TECHNOLOGIES SIGNS DISTRIBUTION AGREEMENT WITH BET RITE GAMING SERVICE

January 17, 2013

HAMDEN, CT., January 17, 2013– TransAct Technologies Incorporated (NASDAQ: TACT), a global leader in market-specific solutions, including printers, terminals, software and other products for transaction-based and other industries, announced today that they have entered into a distribution agreement with Canadian-based Bet Rite Gaming Service. Under the terms of the agreement, Bet Rite will distribute TransAct’s entire portfolio of innovative casino and gaming printers and software solutions throughout Canada.


Bet Rite“We are very pleased to be partnering with Bet Rite, a leading distribution and sales organization focused solely on the Canadian gaming market,” said Tracey Chernay, Executive Vice President of Sales and Marketing for TransAct Technologies. “With this new agreement, TransAct will be able to provide our extensive casino and gaming technology solutions to Canadian casinos through a partner who is dedicated to expanding coverage and to unparalleled customer service.”

Under the new agreement, Bet Rite will add the TransAct Epic 950® to its top-of-the-line offering of casino and gaming products. The Epic 950 is the industry-leading ticket-in, ticket-out printer; chosen by casinos worldwide for its extreme reliability, one printer for all game types, and the upgradability to coupon printing.

Additionally, Bet Rite will partner with TransAct to offer the EPICENTRAL® Print System to Canadian casinos. Connected directly to TransAct's ServerPort™ device inside the slot machine — EPICENTRAL® is an easy-to-use, cost-efficient software system that enables casinos to internally develop marketing programs and promotional coupons to be distributed to customers on a real-time basis at a slot machine via the EPICENTRAL® technology. Additionally, the system works with existing slot systems and games as it operates with a separate and distinct connection with the printer. With this, casinos will be able to use the EPICENTRAL® Print System to connect to all existing slot machines, regardless of the game's manufacturer, to drive increased revenue and enhance their customers' experience on a real-time basis. 

Richard Cone, Chief Executive Officer of Bet Rite commented, “We are very excited about our new partnership with TransAct Technologies Incorporated. The opportunities within the Canadian gaming market are ever growing and this alliance with TransAct positions us to provide even greater service and support to our customers.”

For more information please visit www.transact-tech.com and www.betrite.ca

About TRANSACT Technologies Incorporated
TransAct Technologies Incorporated (NASDAQ: TACT) is a leader in developing and manufacturing market-specific printers for transaction-based and other industries. These industries include casino, gaming, lottery, banking, kiosk, point-of-sale, oil and gas, and medical and mobile. 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®, Epic and Printrex® 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, government and oil and gas exploration markets. Through its webstore, http://www.transactsupplies.com, and a direct selling team, TransAct addresses the on-line demand for these products. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call 203.859.6800.