Innovative Technology Ltd is delighted to announce that the NV200 and SMART Payout have been granted UL approval.

 

To obtain UL classification Innovative Technology have demonstrated their ability to produce a product that complies with all of UL’s strict requirements including; casualty, fire & shock risks and other UL regulatory codes. UL is a globally recognised standard but is of particular importance in North America. By achieving this rating Innovative Technology can take steps to further improve their market share in the US.

 

Lead Test Engineer, George Pilch who headed the UL project commented, “We are thrilled to have received UL approval for the NV200 banknote validator and SMART Payout note recycler. Gaining a UL rating is not a one man job, the contributions of such a large collection of different people within the company has been invaluable to the success of the project. We hope to achieve this standard with more of our core product range and processes are already in place to accomplish this.”

 

Sales Director, Tony Morrison commented on the impact the UL rating would have on Innovative Technology’s market position “The independent UL approval reinforces the quality of the NV200 and SMART Payout and proves the confidence we have in our products. This announcement significantly strengthens our position in the global market and reinforces our position at the forefront of the cash handling industry.”