Last week Innovative Technology exhibited at VendExpo in Moscow,showcasing its range of innovative cash handling products to vending operators and manufacturers from across Russia, Eastern Europe and Asia.
Innovative Technology’s full product range was on display with a number of note validation products, ideal for vending applications, as well as new ‘SMART’ products including - the SMART Ticket and SMART Coin System.The hot topic of discussion on the stand was maximising cost savings in order to boost the profitability of vending machines.
Lina Kazantseva, Innovative Technology’s Business Development Manager for Russia commented: “VendExpo was an ideal vehicle for us to demonstrate how our range of innovative cash handling products can be used to reduce ownership costs and increase business efficiencies across the vending and kiosk market. In a growing market we are seen as a reliable partner offering cost effective, field proven products. Alongside our validators the SMART Payout recycler was extremely popular with high value vending manufacturers.”
Innovative Technology’s SMART Payout boasts superior note recycling and unrivalled mixed denomination bank note recycling. An 80 note true mixed denomination recycler the SMART Payout can store all denominations from a given currency, providing greater flexibility and reducing operating costs.
Marcus Tiedt, Sales Director at Innovative Technology said: “As expected our bill validator range, the BV20, BV50 and BV100 proved extremely popular with the vending operators and manufacturers at the show. They appreciated the units exceptional ownership costs, simple maintenance and excellent acceptance for Russian Rubles as well as all major world currencies. As vend prices increase many operators are now investigating note recycling for their vending applications. Our market leading compact note recycler the NV11, received a lot of interest from operators looking to take advantage of the unit’s capacity to store up to 30 notes, providing change in convenient notes. I would like to thank everyone for visiting us at the show. It was great to receive so much interest in our products.”
Innovative Technology will be back in Moscow on the 30th – 31st March exhibiting at the On-line & Off-Line Retail International Forum (Stand N40) as the company continues to expand in Russia.