exhibit991.htm

Exhibit 99.1

TRANSACT TECHNOLOGIES DECLARES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE

Hamden, CT – August 1, 2016 – TransAct Technologies Incorporated (Nasdaq: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, announced today that its Board of Directors has declared a quarterly cash dividend of $0.08 per share. The dividend will be payable on September 15, 2016, to shareholders of record at the close of business on August 19, 2016. On an annualized basis, the quarterly dividend represents an annual yield of 4.2% based on the $7.66 per share closing price of the Company's stock on July 29, 2016.

About TransAct Technologies Incorporated

TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including food safety, 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 2.9 million printers and terminals installed around the world and is committed to providing world-class service, spare parts and accessories to support its worldwide installed product base. Through TransAct Services Group both online at http://www.transactsupplies.com and its direct sales team, the Company also provides customers with a complete range of supplies and consumable items. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call 203.859.6800.

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Investor Contact:

Steve DeMartino

President and Chief Financial Officer

TransAct Technologies Incorporated

203-859-6810

Richard Land, Joseph Jaffoni, Jim Leahy

JCIR

212-835-8500 or tact@jcir.com