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Companies Officially Combine Sales Efforts LAS VEGAS, Jan. 3 /PRNewswire/ -- Finalizing what many analysts and journalists considered to be the biggest news of this years Global Gaming Expo, JCM American Corporation and TransAct Technologies Incorporated (Nasdaq: TACT), today announced they have signed a final agreement, bringing together the sales efforts of the leading bill acceptor and printer brands. (Logo: http://www.newscom.com/cgi-bin/prnh/20030421/JCMLOGO ) JCM is the industry leader in currency handling systems, including providing products, software and services to the gaming, vending, banking, amusement, and petroleum industries, and TransAct Technologies Incorporated (Nasdaq: TACT) is a leading producer of transaction-based printers for customers worldwide. The final agreement creates an incredibly convenient environment for customers. Under the agreement, JCMs sales force will offer TransActs gaming thermal printers in North and South America and Macau in combination with JCMs many bill acceptor and currency handling products. JCM President Aki Isoi said, "We are very pleased to have finalized this agreement with TransAct, a company that we see as being as innovative and dedicated to the industry as we are. This agreement creates an environment that is above all, convenient for our customers. By combining our sales team efforts, we have created the most convenient, customer-focused team imaginable -- a value-driven, one-stop shop for the best currency handling, printing and monitor products anywhere." TransAct Technologies Chairman, President and Chief Executive Officer Bart C. Shuldman, said, "This is an exciting time for TransAct and for our customers. The agreement allows us to utilize JCMs extensive sales organization, leveraging established relationships on each side of the deal. We can now move forward with our goal of accelerating market penetration and increasing our potential opportunities, and doing so in an extremely cost effective manner." About JCM JCM(R) American Corporation is the industry leader in currency handling systems and provides products, software and services to the gaming, vending, banking, amusement, and petroleum industries. Since 1995, its products have validated an estimated $2.2 trillion in currency for the gaming industry alone. From its international headquarters in Osaka, Japan, and subsidiaries in Dusseldorf, Hong Kong, London, Sydney and its U.S. headquarters in Las Vegas, JCMs progressive spirit continually sets worldwide industry standards with innovative products such as the World Bill Acceptor (WBA(R)), Universal Bill Acceptor (UBA(TM)), Trident(TM) Table Safe System and Intelligent Cash Box (ICB(R)). For more information, visit http://www.jcm-american.com. About TransAct Technologies Incorporated TransAct (Nasdaq: TACT) designs, develops, manufactures and markets transaction-based printers under the ithaca(R) and Epic(R) names. In addition, the Company markets related consumables, spare parts and service. The Companys printers are used worldwide to provide receipts, tickets, coupons, register journals and other documents. TransAct focuses on two core markets: point-of-sale (POS) and banking, and gaming and lottery. TransAct sells its products to original equipment manufacturers, value-added resellers and selected distributors, as well as directly to end-users. The Companys product distribution spans across the Americas, Europe, the Middle East, Africa, the Caribbean Islands and the South Pacific. For further information, visit TransActs web site located at http://www.transact-tech.com. Forward-Looking Statements: Certain statements in this press release include forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "project" or "continue" or the negative thereof or other similar words. All forward-looking statements involve risks and uncertainties, including, but are not limited to, customer acceptance and market share gains, both domestically and internationally, in the face of substantial competition from competitors that have broader lines of products and greater financial resources; introduction of new products into the marketplace by competitors; successful product development; dependence on significant customers; dependence on significant vendors; the ability to recruit and retain quality employees as the Company grows; dependence on third parties for sales outside the United States, including Australia, New Zealand, Europe and Latin America; economic and political conditions in the United States, Australia, New Zealand, Europe and Latin America; marketplace acceptance of new products; risks associated with foreign operations; availability of third-party components at reasonable prices; price wars or other significant pricing pressures affecting the Companys products in the United States or abroad; and the outcome of lawsuits between TransAct and FutureLogic, Inc. Actual results may differ materially from those discussed in, or implied by, the forward-looking statements. The forward-looking statements speak only as of the date of this release and the Company assumes no duty to update them to reflect new, changing or unanticipated events or circumstances.