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Items filtered by date: February 2017
Thursday, 23 February 2017 14:10

NV200 Spectral heads to Madrid!

Innovative Technology Ltd (ITL) will be exhibiting at FER Interazar in Madrid, Spain next month where they will have their full product range on display at stand A18.

2017 is already proving to be a successful year for ITL who are celebrating their 25th year in business. The company started the year with a number of international trade shows and will use FER Interazar to outline their latest groundbreaking innovation to the Spanish market; the NV200 Spectral. The most technically advanced note validator in its class the unit features spectral sensing technology that drastically increases the number of scanned datapoints to over 4.8 million – a figure which is unmatched by industry competitors, capturing 100% of banknotes.

The company’s newest Technical Sales Engineers, Jose Garcia Escudero and Antonio Rodriguez will be at the show, representing the company in their own country for the first time. The exhibition will provide a platform for the pair to introduce themselves to the wider Spanish market and talk to visitors about the company’s latest cash handling products.

José commented, “Spain is a strong market for us and there’s a real sense of continued optimism across the industry. We’re excited to officially launch the NV200 Spectral in Madrid and are expecting a lot of interest, particularly in the unit’s new spectral sensing technology. We will have our full product range at the show including innovative coin & note handling products and ticketing solutions. Our modular product design allows customers to add note recycling or ticketing to their existing note validator and a number of major operators have already taken advantage of these functions. We’ve had unrivalled success in Spain with our compact note recycler the NV11+ and I’m looking forward to taking to the sports betting industry about our NV12+ the compact validator & ticket printer as more operators look to utilise ticketing to maximise cash efficiency.”

ITL will have their full state of the art product range at FER Interazar on stand A18 and will be showcasing the NV200 Spectral to the Spanish market for the first time.


Published in News
Tuesday, 21 February 2017 13:59

ICE-iting Week!

Laura Wallace, our Sales Support Executive travelled down to London to attend ICE Totally Gaming for the week. Read about her experience below...

I travelled down to London for the exhibition with Andy, who is head of our technical support team, we arrived on Sunday evening, excited and ready for a busy week ahead.  We stayed in a central London hotel this year, with stunning views of Tower Bridge and about 25 minutes tube ride from the exhibition so when we arrived at the ExCel Center Monday morning we were eager to get on!

I am used to attending exhibitions and am a regular at EAG, but this is the first year that I have been part of the set-up team for ICE so it was a new experience for me. I couldn’t believe how big the event was.  We met up with our stand contractors and spent the rest of the day setting the stand up and making sure all the products were displayed correctly, ensuring everything was working exactly as it should. Andy organised the technical side of the set up while I positioned everything and made sure the stand looked neat, tidy and inviting. We were launching a new product at ICE this year so we had to make sure that everything ran smoothly and that all of the new NV200 Spectral units were set up correctly and looking great. I contacted the marketing department back at the office, numerous times throughout the day just to clarify that they were happy with the stand set up. It’s important to keep the team up to date with everything that’s happening at the show, to guarantee a successful week after months of planning.

On the first day of the show, we arrived bright and early to the ExCeL Center having negotiated the rush hour tube successfully. The exhibition hall was already busy when we arrived, with exhibitors racing round trying to get last-minute bits together before the exhibition started. I was surprised to see a queue building up outside the main entrance with visitors eager to be first in. I was official stand personnel on the first day talking to customers and assisting them with product enquiries. Members of our international sales team flew directly to London City airport so I met them all at the ExCeL Centre to welcome them to the show, run them through the stand layout and how to demo our new NV200 Spectral. Before I knew it, day one was done! It had been a very busy day at the show and I was ready for a sit down. We went for a full team meal in the evening with our international colleagues. I don’t get to see them very often so this was a great opportunity to catch up and reflect on the busy day we had experienced and our plans for the rest of the week.

The following day, Wednesday, I had a free day to explore the exhibition. It was great to meet some customers who I have only ever spoken to through email and finally put a face to a name. I enjoyed looking around at what other companies were offering on their stands and I even saw some magic tricks!

On the final day, visitors were still eagerly entering ICE. Usually things start to quieten down towards the end of the show, however we were busy right up until 4pm when the doors closed. It had been extremely busy all week and all Andy and I had left to do was break down the stand and head back to the hotel for a well deserved rest.

I really enjoyed the whole ICE experience, we were overwhelmed with visitors on the stand and the NV200 Spectral launch was a definite success. I came back to the office and put my name straight down for next year!  

Published in News
Thursday, 16 February 2017 08:45

Retail debut for NV200 Spectral at Euroshop

Innovative Technology Ltd (ITL) will be joining industry professionals next month at the largest retail exhibition in Europe, Euroshop. ITL will have their innovative range of retail cash handling products on display at the event which takes place in Dusseldorf, Germany from 5-9th March 2017. Visitors can find ITL at Stand No: 6D75 where they will proudly showcase the NV200 Spectral, the most technically advanced note validator in its class, to the retail marketing for the first time.

The NV200 Spectral is the latest ground-breaking note handling innovation from ITL and Euroshop visitors will be able to see the unit in action. Spectral sensing technology scans over 4.8 million datapoints, a figure which is unmatched by industry competitors, capturing 100% of banknotes.

VP of Sales & Business Development, Thorsten Labusch commented, ‘We expect a lot of interest in the NV200 Spectral, having been officially launched to the public at ICE, it receives its retail debut at the show and we know it will attract a lot of attention from visitors with the units enhanced sensing capabilities and 2 second note to note processing time. We will have a working POS terminal on the stand to demonstrate the functionality of some of our other key retail products; TEBS (a tamper evident cashbag system) and SMART Coin System, a bulk coin validator, mixed coin hopper and recycler in one. Euroshop is always a great show for us and we’re really looking forward to it this year as we bring our latest retail cash handling innovations to the industry.”

Visitors to the ITL stand will be able to see their whole coin and note handling solutions alongside their SMART product range, including the SMART Payout, a superior mixed denomination note recycler and SMART Ticket a unique note validator & ticket printer.


Published in News

Innovative Technology Ltd. (ITL) has continued their great start to the year having returned from a successful ICE Totally Gaming 2017. The company used ICE, the largest exhibition in the industry’s calendar to launch their latest groundbreaking innovation the NV200 Spectral.

The most technically advanced note validator in its class, the NV200 Spectral features sensing technology that scans 4.8 million datapoints, capturing 100% of the note. Speaking after the show, Dr. Matt Strong, Technology Director commented on the interest in the NV200 Spectral. “We’ve been overwhelmed with visitors wanting to see the NV200 Spectral’s sensing capabilities. The unit captures 100% of the banknote and boasts 2 second note to note processing time and 99%+ first time acceptance of new and street grade notes. We have been demonstrating the units spectral sensing throughout the show and visitors have been amazed at the unit’s capabilities. It’s a real game changer and shows once again that innovation and technology are at the center of everything we do.”

ITL’s full product range was on display with the company’s note & coin handling products and TITO solutions on the stand. Enrique Jütten, VP of Sales & Business Development said, “ICE is always a great show and this year was no exception with the launch of the NV200 Spectral. We’ve had a lot of interest in our ticketing products too, especially the compact validator & ticket printer the NV12+.  TITO is a hot topic in the industry and our simulated gaming and redemption demo units attracted a lot of attention, helping customers understand how our ticketing systems can be easily implemented into their machines. Whether visitors were interested in implementing a complete TITO system or simply installing individual components, we were able to demonstrate solutions to suit any specification.”


Published in News
Tuesday, 07 February 2017 10:47

Winter 2017 Technical Bulletin


IN THIS BULLETIN: BV20 Firmware Version 4.19 released, BV50 Firmware Version 4.16 Released, NV 9USB+ Firmware Version 3.70 released, NV10 USB+ Firmware Version 3.41 Released, NV200 Firmware Version 4.43/5.43 Released, SCS Firmware Version 1.10 Released, NV Card Utilities Version 1.9.8 Released, Validator Manager Version Released, New Generation Processors (ST), New £1 Coin Release 28/03/2017, New €50 Banknote Release 04/04/17, Launch of new £10 Polymer Note, NV200 Spectral Recieves Bank Test Approval, Exhibition Calender. 



Published in Technical Bulletins

Innovative Technology Ltd (ITL) will be exhibiting at Vend Expo 2017, in Moscow later this month. The company will have their full cash handing and ticketing product range on display at stand E104 at the event which takes place in Russia on the 28th Feb - 2nd March 2017.

Vend Expo will provide the ideal opportunity for the Company to present their market leading cash handling equipment to the Russian vending market. Highlights on the stand will include their latest groundbreaking innovation the NV200 Spectral - the most technically advanced note validator in its class. The unit’s spectral sensing scans 4.8 million datapoints, capturing 100% of the note image. Vend Expo will be used as the official Russian launch for NV200 Spectral.

Lina Trofimow, Business Development Manager, commented on the show saying, ‘We participated at Vend Expo last year, and had such a positive experience that it was an easy decision to return to the show this year. Russia continues to grow at a remarkable rate and it has become an attractive region for companies to develop their business. TITO technology is a hot topic in the industry, interest has grown significantly so we use our stand this year to highlight our complete range of ticketing solutions alongside our established coin and note handling products including the popular NV9 USB+ and its add on modules. We’re excited about launching the NV200 Spectral to the Russian market. The unit gained independent validation from the CBR (Central Bank of Russia) last year for its ability to correctly identify all required security features and reject all manipulated notes. The NV200 Spectral really is the most technically advance note validator in its class and I know visitors to the show will be impressed when they see it in action.”

The Innovative Technology team will be at Vend Expo stand E104 with their complete portfolio of note & coin handling and TITO solutions. 

Published in News
Wednesday, 01 February 2017 08:49

Lydia Makin

 Name: Lydia Makin

Job Title: People & Resourcing Executive
Department: People & Resourcing 
Worked at ITL since: 2016

I joined Innovative Technology in September 2016 with around 6 years’ experience in a generalist HR environment.

My role has evolved significantly since I started at ITL and I am now responsible for ‘Emerging Talent’ recruitment, covering work experience, placements, internships and graduates, as well as other roles across Sales, Support, Finance, Admin and Marketing.

ITL is like no other company I have worked for before, it has a close knit feel and our small team means that I have learnt different elements of the job which I wouldn’t have been able to experience in another company.  

What benefits me:







Published in Meet the Team