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Leading cash handling equipment provider Innovative Technology Ltd. (ITL) kick started 2017 with a successful show week at EAG Expo, one of the UK’s largest amusement and leisure shows. The show took place between the 17th – 19th January at Excel London attracted visitors from across Europe.The ITL stand displayed the company’s full product range of innovative note handling, coin handling and TITO solutions. Highlights from the exhibition included the popular NV9 USB+ note validator with enhanced sensing technology and it’s add on modules the NV11+ for note recycling and the NV12+ for TITO capabilities.The show was used to outline ITL’s newest…

Leading cash handling equipment provider Innovative Technology Ltd (ITL) is pleased to announce their newest trading partner Maggi Electronics UK. ITL have been working with Maggi for some time on an informal basis and this partnership formalises their relationship and strengthens ITL’s UK network as they continue to grow their customer base at home and internationally.ITL Business Development Manager, Andy Bullock, commented on the partnership saying, ‘The announcement of Maggi Electronics as our newest trading partner strengthens the long-term relationship between the two companies which we have had over a vast number of years. Maggi have expanded their operations over…

Innovative Technology Ltd (ITL) is pleased to welcome Technical Sales Engineer, José Garcia Escudero to their Barcelona office. José will support OEM’s in the Gaming, Amusement and Vending sector across Spain and join the company’s expanding Barcelona team.José brings 16 years of sales experience to the company in engineering having previously managed projects overseas in South East Asia and Africa and has experience exporting equipment to over 30 countries around the world. José’s appointment will bring a wealth of experience as the company continues to grow and gain market dominance.Commenting on his position, José said, ‘I am excited to start…

Leading cash handling equipment provider Innovative Technology is pleased to announce the promotion of Andy Bassam to VP of Customer Support.Andy has headed up ITL’s Customer Support for the last five years and has worked in the cash handling industry for more than 15 years. This new role will see him take on more strategic responsibility for the development of the company’s global technical support as ITL continue to grow their product range and expand their market share worldwide.Commenting on his promotion Andy said, “ITL Customer Support is a truly global operation with staff from different continents providing around the…

The new 12 sided £1 coin will enter circulation Tuesday 28th March 2017. Key Dates28th March 2017: New £1 coin launched28th March - 15th October: Co-circulation period when both coins will be accepted16th October: Demonetisation of the round £1 coin  The current £1 coin was first issued in 1983 and having been in circulation for over 30 years is one of the oldest British coins still in circulation. Over time, it has become increasingly vulnerable to counterfeiting so from March 2017 our beloved pound coin will be replaced by a new 12-sided, bi metallic, thinner £1 coin which will become the most…