.
                                                                               .
                                                                               .

                                                                    EXHIBIT 21.1

                       TRANSACT TECHNOLOGIES INCORPORATED

               SUBSIDIARIES OF TRANSACT TECHNOLOGIES INCORPORATED



                                                   Jurisdiction of                       Percentage
                 Name                               Incorporation             Owner        Owned
- -------------------------------------              ---------------         ------------  ----------
                                                                                
TransAct.com, Inc.                                 Delaware                  TransAct       100%
                                                                           Technologies
                                                                           Incorporated

TransAct Technologies Limited                      United Kingdom            TransAct       100%
(formerly Ithaca Peripherals Limited)                                      Technologies
                                                                           Incorporated


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