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TransAct Technologies Receives Latest Patent for Its Premier Printer Technology

Thursday, May 04, 2006

Press release from the issuing company

WALLINGFORD, Conn., May 3 -- TransAct Technologies Incorporated, a leading producer of market specific printers for transaction-based industries worldwide, today announced that it was awarded U.S. patent no. 7,014,483 for its patent application related to technology that allows for a printer to be connected and disconnected from a host device while the device is powered on, without causing a fault or error in the host device. Bart C. Shuldman, Chairman, President and CEO of TransAct Technologies, said, "We are pleased to receive our latest patent for technologies related to our premier printer products. Our customers across various transaction-based industries want to avoid having to shutdown terminals when a printer is being replaced for routine maintenance, repair or other reasons. One of the benefits of our patented technology is that it permits a customer to slide the printer out of a gaming machine, ticket dispensing terminal or the like and be disconnected and reconnected while power is on, without causing a fault or error in the host device. This allows the customer to minimize the downtime of a machine, which can lead to lost revenue. This feature is especially critical to our gaming customers and is one of the features that differentiates our Epic 950(TM) thermal gaming printer." Mr. Shuldman concluded, "TransAct's intellectual property catalog is becoming a big asset for us. We continue to file applications with patent authorities worldwide as we develop world-class technology for our markets."




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