> News & Events > News > Items filtered by date: October 2017
Items filtered by date: October 2017
The Autumn Coin-Op Show (ACOS) 2017 took place at on 11 & 12th October at the Conference Centre (Level 3) at London Olympia.  A key industry hot topic at the event was TITO (Ticket-In Ticket-Out) and how interest is growing significantly across the UK amusement sector.  
 
Andy Bullock, Business Development Manager, commented, “An electrical fire at Chelsea Football Club led to a last-minute change of venue the day before ACOS 2017 was due to start but despite this the event was busy overall. As the use of TITO technology is growing we decided to use our stand at ACOS once again to highlight our complete range of ticketing solutions alongside our established coin and note handling products.”
 
Andy continued, “Our ticketing products proved very popular on the stand, in particular the NV12+ which is a revolutionary compact validator and ticket printer. It dramatically reduces operational costs by eliminating hopper starvation and reducing cash handling tasks. Its modular design combines an NV9 USB+ banknote validator with a high-performance printer unit and integral barcode reader, delivering a market leading ticketing system. The NV12+ accepts standard industry barcode tickets and has an unrestricted ticket print length, enabling it to print end of day audits as well as single tickets.”
 
As well as the popular NV12+, ITL had a range of other printing solutions on offer. From standalone coupon printers that allow unlimited branding opportunities to combined banknote validator and ticket printer products, all designed to suit several different applications. ITL’s newest product, the NV200 Spectral was also on display at the show. The NV200 Spectral has state of the art spectral sensors which offers complete note image capture (highest spectral coverage) to authenticate the validity of notes. The unit boasts 99%+ first time acceptance of new and street grade notes, has a note to note processing time of 2 seconds and delivers outstanding fraud protection by using optical and mechanical anti-strimming technology.
 
Andy concluded, “This was our fourth ACOS and it’s always a great opportunity to meet with our existing customers and display our latest products.  With the round £1 coin demonetised on the 15th October we had a number of enquiries about our coin handling products. We reminded customers that they can visit our website to download the latest datasets to ensure their products are up-to-date removing the old £1.  We were pleased with the overall feedback and the high interest shown in our ticketing solutions and were very impressed that the organisers managed to find another venue at the eleventh-hour to enable the event to go ahead. We look forward to a busy 2018 which kicks off at EAG and we’re excited about several new products that we will bring to the market.” 
 
 
Published in News
The 9th International PLUS-Forum 2017 took place on 4th & 5th October at the Sokolniki Exhibition and Convention Centre in Moscow where Innovative Technology Ltd (ITL) showcased their expanding retail and banking product portfolio.
 
Commenting on the show, Lina Trofimow, Business Development Manager said, “The exhibition was busy with organisations from across the region interested in cash circulation and self-service. A key industry topic which was talked about at length during the show was the growing use of cash across the region, highlighting that ‘cash is still king’ in the region. This year we had established products to promote that are ideally suited to both the banking and retail sectors.  Visitors to our stand showed lots of interest in our game changing new validator, NV200 Spectral – the most technically advanced note validator in its class. Of significant interest was the fact that, the NV200 Spectral has passed and is now certified by the Central Bank of Russia’s (CBR) - due to its notoriously stringent requirements. It’s value for money, plus the fact that it has add-on modules to allow note recycling or ticket printing capabilities proved very attractive.”
 
ITL’s NV200 Spectral has state of the art spectral sensors which offers complete note image capture (highest spectral coverage) to authenticate the validity of notes. The unit boasts 99%+ first time acceptance of new and street grade notes with a note to note processing time of 2 seconds. It also delivers outstanding fraud protection by using optical and mechanical anti-strimming technology. 
 
Lina continued, “Another particular highlight was our SMART Coin System. A market leading coin capacity makes this unique unit suitable for a number of different applications combining an advanced bulk coin validator, mixed coin hopper and recycler in one. The unit validates, discriminates and stores mixed coins, eliminating coin starvation & the need for multiple hoppers. Visitors were keen to hear how the SMART Coin System significantly reduces operator collection costs, eliminating coin starvation.”
On its debut outing in Russia was ITL’s SafeCash Collect. A new unit that combines a tamper evident bag system (TEBS) with live data collection and reporting. Although this concept is still under development it was another popular talking point on the ITL stand. The unique barcoded bags allow for full audit traceability.  This reduces shrinkage, eliminates counting cash and accounting errors. The system dramatically reduces cash in transit collection costs and as updates are pushed out from one central location, there is no need to visit multiple sites.
 
Lina concluded, “International PLUS-Forum 2017 provided us with an ideal opportunity to exhibit our retail and banking products to the growing industry in Russia. We expect a lot of interest in NV200 Spectral and SafeCash Collect from the Russian retailers over the next 12 months. We are pleased with the overall feedback and interest we obtained and are delighted with the growing awareness and trust in our products.”
 
Published in News
November sees the return of the Balkan Entertainment & Gaming Expo (BEGE) to the Inter Expo Center in Sofia Bulgaria on 22nd- 23rd November.  Innovative Technology Ltd. (ITL) will again be demonstrating their impressive range of cash handling products for the Gaming & Amusement sectors at Stand 3.10.
 
ITL’s Business Development Manager for Eastern Europe, Lina Trofimow said “After a successful show last year, when we were voted the winner of ‘most complex cash handling portfolio’, it was an easy decision to return to BEGE again this year. Our business continues to develop and expand in this growing region so a strong presence at BEGE is important to us. At this year’s expo, we will be showcasing our range of SMART products -  including the SMART Payout, an unrivalled mixed denomination note recycler which eliminates coin starvation, the SMART Ticket, a versatile banknote validator with printer combined and the Smart Coin System, a bulk coin validator, mixed coin hopper and recycler in one.”  
 
The exhibition will be used to demonstrate ITL’s newest validator, NV200 Spectral – the most technically advanced note validator in its class. It’s state of the art spectral sensors offer complete note image capture (highest spectral coverage) to authenticate the validity of notes. 
 
The unit boasts 99%+ first time acceptance of new and street grade notes with a note to note processing time of 2 seconds. It also delivers outstanding fraud protection by using optical and mechanical anti-strimming technology. 
 
Lina continued “We are excited to use BEGE 2017 as a platform to promote our growing number of note validator and printing products available to the gaming and amusement sectors.  Innovative Technology is well positioned to meet the cash validation needs of the increasing number of companies locating in the region and we look forward to exhibiting at the event.”
 
Join the ITL team at stand number 3.10 and learn more about their innovative product range.
 
Published in News
Tuesday, 03 October 2017 10:14

Alina Chen, Sales Assistant, ITL China

Innovative Technology (China) Ltd. is pleased to welcome Alina Chen, Sales Assistant to their Shenzhen Office.
 
Alina joined ITL’s China office in August and is responsible for supporting ITL customers in the region to ensure they experience a smooth sales experience from the point of order through to delivery.  Commenting on her position Alina said, “I am settling into ITL well and I am enjoying helping customers receive the best possible customer service. I place purchase orders, organise shipments and check payments and deliveries. I am excited to be working for a global organisation and I look forward to working closely with the UK team to provide sales assistance to our current and future customers.”
 
Sean Wang, Business Development Manager Asia said, “Alina brings with her several years of experience in a sales assistant role. I am sure that Alina’s skills and expertise will give our local customers excellent end-to-end customer service. Her communication skills and attention to detail will be vital in the role. I look forward to working with Alina to grow our customer base and ensure our sales processes and procedures achieve successful results.”
 
Published in News