<DOCUMENT>
<TYPE>EX-21.1
<SEQUENCE>5
<FILENAME>y84806exv21w1.txt
<DESCRIPTION>SUBSIDIARIES
<TEXT>
<PAGE>
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                                                                    EXHIBIT 21.1

                       TRANSACT TECHNOLOGIES INCORPORATED

               SUBSIDIARIES OF TRANSACT TECHNOLOGIES INCORPORATED

<TABLE>
<CAPTION>
                                                   Jurisdiction of                       Percentage
                 Name                               Incorporation             Owner        Owned
-------------------------------------              ---------------         ------------  ----------
<S>                                                <C>                     <C>           <C>
TransAct.com, Inc.                                 Delaware                  TransAct       100%
                                                                           Technologies
                                                                           Incorporated

TransAct Technologies Limited                      United Kingdom            TransAct       100%
(formerly Ithaca Peripherals Limited)                                      Technologies
                                                                           Incorporated
</TABLE>

                                       46


</TEXT>
</DOCUMENT>