.
                                                                               .
                                                                               .

                                                                    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


                                       56