<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTIANS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRANSACT TECHNOLOGIES INCORPORATED ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 546 <SECURITIES> 0 <RECEIVABLES> 5,292 <ALLOWANCES> 139 <INVENTORY> 8,744 <CURRENT-ASSETS> 16,094 <PP&E> 13,360 <DEPRECIATION> 7,696 <TOTAL-ASSETS> 23,788 <CURRENT-LIABILITIES> 5,987 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 56 <OTHER-SE> 12,121 <TOTAL-LIABILITY-AND-EQUITY> 23,788 <SALES> 52,239 <TOTAL-REVENUES> 52,239 <CGS> 38,413 <TOTAL-COSTS> 50,091 <OTHER-EXPENSES> (32) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 353 <INCOME-PRETAX> 1,827 <INCOME-TAX> 621 <INCOME-CONTINUING> 1,206 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,206 <EPS-PRIMARY> 0.20 <EPS-DILUTED> 0.20