COSTA MESA, Calif., Jan. 22 /PRNewswire-FirstCall/ -- TROY Group, Inc. (Pink Sheets: TROY) announced today the sale of its ACH Software Product Line to a significant financial services provider. The purchase price was $1.5 million, which includes contingent consideration of $0.4 million and the assumption of liabilities of approximately $2.3 million. The sale will result in a pretax gain of approximately $3.0 million assuming the contingent consideration is collected. The Company's ACH Software Product Line, which includes server based software for originating and processing ACH transactions, generated $633,000 in revenue during fiscal 2006 and $276,000 in revenue for the first three quarters of fiscal 2007. Cash after reduction for income taxes is estimated to be approximately $0.6 million assuming contingent consideration is received and will be used for general corporate purposes. "We are pleased to announce the sale of our ACH Software Product Line," stated Patrick Dirk, CEO and Chairman of TROY Group, Inc. "We believe this transaction will be good for the ACH Software Product line customers and employees. The sale of the ACH Software Product Line will allow TROY to focus on our core printing solutions business," Dirk added. About TROY Group TROY Group, Inc. ("TROY") is a worldwide provider of printing solutions. Our security printing solutions include application software, high security check printing hardware and specialized consumables for secure printing and payment applications. We sell and service our products to major corporations, banks, key government accounts and distributors worldwide. Visit TROY at http://www.troygroup.com/. Forward-looking statements of TROY (statements that are not historical fact) in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terms such as believe, expect, may, will, could and should, and the negative of these terms or other similar expressions. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, but, are not limited to, the ability to develop new products, the ability to hire and retain qualified management, technology and other personnel, the impact of competition from existing and new technologies and companies and the other factors set forth in our periodic reports and other documents that we distribute from time to time which are available in our financial statements under certain important factors on our website TROYgroup.com or pinksheets.com. Statements included in this news release are based upon information known to TROY as of the date of this release, and TROY assumes no obligation to update information contained in this news release. TROY Group, Inc. 3535 Hyland Avenue, Suite 200 Costa Mesa, CA 92626 (714) 241-4760 (714) 241-4762 Fax http://www.troygroup.com/ Contact: Myra Erickson Investor Relations DATASOURCE: TROY Group, Inc. CONTACT: Myra Erickson, Investor Relations of TROY Group, Inc., +1-714-241-4760, fax, +1-714-241-4762 Web site: http://www.troygroup.com/

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