ITL reported a successful show at the Balkan Entertainment and Gaming Expo (BEGE) last week with their Spectral range taking centre stage on the stand. Innovative Technology are strategically growing their reach in Eastern Europe and used BEGE as an opportunity to showcase their new products in the Balkans.

Sasha Kragulj, Business Development Manager said, “We received some great feedback on the new products we had on display in Bulgaria last week, particularly our new Spectral Payout recycler. Visitors were impressed with the unit’s high storage capacity and multi-denomination recycling capabilities and were keen to learn how this unit can dramatically reduce float levels and reduce machine downtime.  When used in conjunction with the SMART Coin System (SCS) customers could see the real benefit of multi-denomination recycling - for both notes and coins - and how this could drastically keep their machines active.  A key attraction for visitors was seeing our unique Spectral Technology in action. The new Spectral Payout uses the NV200 Spectral note validator so gives the highest level of fraud protection with 100% note image capture and sophisticated stained note detection feature.”

Sasha continued, “BEGE visitors also found the ICU age verification device both exciting and dynamic.  The unit uses clever machine learning algorithms to verify age to help Operators comply with gambling restrictions and regulations. It boasts a high level of accuracy with a proven 96% success rate in detecting under 18’s and compared to a human accuracy rate of 69% it outperforms humans across all age ranges. ICU uses artificial intelligence and ITL’s own algorithms to estimate age, but no images are stored so the unit is fully compliant with GDPR.”

Concluding Sasha said, “As well as meeting new customers, we spent some quality time with the big OEM’s at the show who have recently started to use our products. We had some positive discussions round the benefits of integrating the new Spectral recyclers and note validators into their fleet. We look forward to guiding our customers through the installation process and providing real cost savings for their business.”

Check out our full product range: https://innovative-technology.com/products/products-main

Innovative Vending Solutions (IVS) became an ITL Trading Partner in the first quarter of 2019. Since then both organisations have been successfully collaborating to extend their reach in Eastern Europe, including joining forces to highlight their product range at various exhibitions throughout the year.

IVS based in Romania, offer the latest technical advice to enable customers to make the best decision in purchasing payment systems. They have a strong reputation of providing clients with the best combination of payment systems in this fast-moving and dynamic industry. They represent ITL in all Romanian sectors including, Vending, Gaming, Retail and Parking.

Sasha Kragulj, Business Development Manager commented, “Innovative Vending Solutions became one of our Trading Partners earlier in the year and since joining we have exhibited at two events in Bucharest; Vending Expo in May and Entertainment Arena Expo in September. Both events were a success and gave us the opportunity to jointly present our state-of-the-art portfolio of products and services to the Romanian marketplace. We have been working closely with IVS for a number of years now but since becoming an official trading partner earlier this year, things have really taken off and I am enjoying being involved in joint exhibition marketing initiatives with IVS.”

Commenting, Alexandru Birz, CEO, Innovative Vending Solutions said, “I have been working with Innovative Technology for nearly seven years now and our business relationship is very strong. We already distribute some of their well-established products and have now started to showcase some of ITL’s new exciting products in Romania and Bulgaria, using the recent shows to highlight the benefits these products can bring.  We are especially keen to start providing ITL’s unique Spectral product range, including the highly secure NV9 Spectral and NV200 Spectral banknote validators, NV22 Spectral and Spectral Payout new multi-denomination recyclers, as well as the Bunch Note Feeder.   Our reach in the region is growing and we are fast becoming recognised in the industry as the place to go for the latest technical advice on payment systems.  I look forward to next year, collaborating even further to develop our products and services in the future.”

Read more about our Trading Partnership with IVS:
https://innovative-technology.com/news-events/news/item/715-itl-secure-trading-partner-in-romania