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As July 2016 comes around, ITL is celebrating Group Technical Director, Peter Dunlop’s twentieth year at the company.Peter first joined the company on a university placement year in 1995 and was assigned to work on a project to develop a new electronic chip for use in banknote validators. Peter impressed everyone to such an extent that he was invited back to join ITL full time after he had completed his final year of studies. Peter began in the Development team in Royton, which at the time comprised of exactly two people. As the Development department gradually grew over the years,…

Innovative Technology Ltd. (ITL) is pleased to announce that the company’s CR-158 coupon printer now supports Windows drivers. The drivers will make the integration of the printer into operator machines much quicker and easier. The CR-158 is a compact coupon printer that can be implemented in most machines on the market regardless of space constraints. The printer is available with two different bezel options to suit both the European and US markets and also incorporates a high quality, field-proven Seiko print mechanism. Complimentary ticket template software is also included with the unit, allowing for unlimited branding opportunities.VP of Sales for…

The European Central Bank (ECB) today unveiled the new €50 banknote, which will enter into circulation on Tuesday 4 April 2017. The introduction of the new note marks the latest step in making euro banknotes even more secure. After the €5, €10 and €20, the €50 is the fourth denomination in the second series of euro banknotes, known as the Europa series.“The introduction of the new €50 will make our currency even safer”, Yves Mersch, ECB Executive Board member, said. “Its state-of-the-art security features help protect our money. It is part of our continued efforts to preserve the euro as a…

2016 has been a fantastic year so far for Innovative Technology Ltd. (ITL), with the company receiving a number of awards and accolades in recognition for both manufacturing and business achievements.In February, ITL was chosen by the London Stock Exchange as one of the “1000 companies to inspire Britain” due to its commitment to investing in new products and expanding its global reach through the opening of overseas offices. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses and to be included on the list, companies need to show consistent revenue growth…

ITL is pleased to announce the launch of the NV10 USB+, a next generation compact note validator that has evolved from the popular NV10 USB. The NV10 USB+ aims to improve on the high quality of the current generation and combines a compact, stackerless design with proven field reliability.The NV10 USB+ is ideal for operators that are faced with space constraints due to its aforementioned compact size, which means it can be fitted into most machines. The unit is perfectly suited for amusement and vending applications due to its size and its ability to accept over 100 different world currencies.Andy…