TRANSACT’S DAVID BLOCK HONORED WITH VEGAS INC’S PRESTIGIOUS TOP TECH EXEC AWARD IN PUBLIC BUSINESS DIVISION

November 2, 2018

LAS VEGAS, NV (November 2, 2018) – 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 David Block, the Company’s Senior Vice President of Software Engineering, has been selected by VEGAS INC as a recipient of its 2018 Top Tech Exec Awards in the public business category. Block was among 65 finalists who were considered for the awards, which included 10 categories. The winners were announced in a ceremony on November 1 at the Smith Center, and they are featured in the publication’s November 1 edition.

The eighth annual Las Vegas Top Tech Exec Awards, a collaboration between Cox Business and VEGAS INC, recognize Southern Nevadans who are helping shape the future. Honorees are the people who are often on call 24-7 and asked to solve problems that may never have happened before in a rapidly evolving industry. The nominations were reviewed by a panel of judges who assessed the candidates’ accomplishments, technology partnerships and innovations and visions of the future. The winners were chosen among 10 categories, which included lifetime achievement; startup; education; hotel/ gaming; community exemplary; private business; nonprofit; healthcare; government and public business.

“On behalf of all of us at TransAct, I congratulate David for receiving this prestigious award,” said Tracey Chernay, Senior Vice President of Global Casino, Gaming and Lottery at TransAct. “David has played an instrumental role in developing our software center of excellence. Through his hard work, he has helped double the size of our software department in Southern Nevada and has implemented processes, procedures and state of the art tools to keep us abreast of technology trends and allow us to grow. We couldn’t be more proud to have him on our team.”

Block directs all software development activities within the company. Joining Transact in 2015, Block has been involved in the computer industry since its infancy, and in the printer industry for over 25 years, working as a CTO, VP of Engineering and technology for DYMO, where he guided DYMO®'s technological directions while directing much of the product development efforts, and later as VP Product Development at Esselte, where he designed the award winning Leitz Icon printer. Throughout his career, he has been focused on user-centered design as a way of delivering products that delight the user, and thereby building brand equity. His experience on both the marketing and development sides of technology companies has allowed him to develop a strong, balanced, user-centered approach to product design.

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, 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®, 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.

Epicentral and Epic are registered trademarks of TRANSACT Technologies Incorporated. ©2018 TRANSACT Technologies Incorporated. All rights reserved.

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