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Items filtered by date: September 2017
Innovative Technology Americas, Inc. are delighted to announce that they have recently joined NAMA - the National Automatic Merchandising Association. NAMA, founded in 1936, is an association representing the $25 billion U.S. convenience services industry with more than 1,000-member companies.
This membership represents the organisation’s commitment to strengthening its presence in the vending marketing in America.  The US office has seen growth in terms of sales and support staff and becoming a member of NAMA is just the latest step in this period of expansion.
VP of Sales & Business Development Rebecca White, attended the NAMA One Show in Las Vegas earlier this year and commented, “Following a successful few days at NAMA this year, we decided to take up NAMA membership to further help us showcase our vending products in the US. NAMA membership will bring us a host of benefits, and will give us another avenue for promoting our innovative products to this important market. One product that is very exciting for the vending industry is our NV9 USB+ bill validator. It is a truly global product, qualified for over 100 currencies and can communicate in multiple protocols. Available with an MDB interface, it will help North American vending manufacturers to expand into new regions across the world. The lack of a truly global bill validator has always been a challenge for vending manufacturers and we are already seeing our NV9 grow in popularity across the sector. This same global capability applies to the NV11+ our market leading, compact bill recycler which is ideal for vending applications.  The NV11+ combines the NV9 USB+ bill validator with a recycler unit that can store and recycle up to 30 bills, utilizing bills for change to keep machines vending and eliminate down time.”
Other exciting products from Innovative Technology Americas, Inc. for the vending industry include various bill and ticket payment solutions for Micromarket Kiosks. The SMART Payout is a superior mixed denomination bill recycler, whilst the NV12+ is a revolutionary compact bill validator and ticket printer combined. The high-performance printer unit and integral barcode reader, deliver a leading, compact ticketing system.  These solutions allow manufacturers to incorporate bill recycling or receipt printing into their vending machines. 
Innovative Technology Americas, Inc. hope to benefit from the NAMA membership in terms of extending their customer reach by attending NAMA Expos including the NAMA Show 2018 next March. They also intend to use the membership as a way of keeping abreast of the industry news via their publications and networking with vending machine manufacturers.
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Innovative Technology Ltd. (ITL), a leading cash-handling technology provider is excited to be exhibiting at the 9th International PLUS Forum in Moscow. The Forum will be held at the Sokolniki Exhibition and Convention Centre on the 4th & 5th October, and is one of Europe’s largest events dedicated to the development of cash circulation and self-service in the retail and banking payment industry. 
ITL will be showcasing its expanding retail and banking product portfolio of innovative note validation and coin handling from stand number 22 at the show.
The exhibition will be used to demonstrate ITL’s newest validator, NV200 Spectral – the most technically advanced note validator in its class. Having passed the Central Bank of Russia’s (CBR) notoriously stringent requirements the NV200 Spectral is certified by the CBR. It’s state of the art spectral sensors offer complete note image capture by scanning over 4.8 million datapoints to authenticate the validity of notes. The unit boasts 99%+ first time acceptance of new and street grade notes with a note to note processing time of 2 seconds. It also delivers outstanding fraud protection by using optical and mechanical anti-strimming technology. Plus, add-on modules allow note recycling or ticket printing capabilities.
The International PLUS Forum will see the first showing of SafeCash Collect. Combining a tamper evident cashbag system (TEBS) with Live Collect data & reporting the unit is ideal for the retail and banking sector. 
Lina Trofimow, Business Development Manager said “We are looking forward to promoting our range of note and coin handling products and are particularly excited about showcasing SafeCash Collect which provides a full history of all transactions. The tamper evident cashbag system utilises uniquely barcoded cash bags, eliminating shrinkage and accounting errors, dramatically reducing cash in transit collection costs. The full audit traceability feature will be especially beneficial for the Retail and Banking sectors.”
Join the ITL team at stand number 22 and learn more about their innovative product range. 
Published in News
Wednesday, 06 September 2017 09:31

Stormy China!

Ian Johnson, Quality Assurance Manager visits Bellis Technology China (BTC) – our manufacturing factory in China…

As recently appointed Quality Assurance Manager this was my first visit to BTC. The trip gave me the perfect opportunity to get a better understanding of the factory, its employees, the quality processes in place and our working relationship.  

My outward journey to China was eventful. My first stop was Beijing International Transfers, but when I arrived I found an empty desk and no airport staff in sight.  About an hour later someone eventually arrived to sort out my onward ticket to Hong Kong from where I boarded the very busy ferry to China. When I arrived at immigration in China, well, let’s just say, that’s another story.

I finally arrived in China I was greeted with torrential rain, thunder and lightning, flooding, over 30 degrees and close to 100% humidity. Not quite the sunshine I was expecting! The umbrellas attached to the bicycles that were on mass on the roads were obviously dual purpose for both the sun and rain. 

The purpose of my visit to our manufacturing factory in China was to get to know BTC and the people, get a better understanding of the quality processes, what BTC do for us, review what ITL provide as information to BTC and how we can improve our work together.  When I arrived at the factory I was given a tour which was very informative. The factory was very impressive, having recently extended our factory space the new section was pristine, waiting for new robotic machinery to be installed. Overall, I spent about two days of my time in China visiting the factory, 'walking the process' from ‘Goods Receiving to Dispatch’, testing procedures, looking at the possibility of ‘smarter manufacturing’ and looking at the overall quality processes in place.

The remaining two and a half days were spent on the road, visiting some of our suppliers to see how we can exchange more information and enhance quality assurance in the future to help reduce waste and ensure defect free parts.  Whilst out for dinner one evening I ordered what I now fondly refer to as the ‘smiling’ chicken – the full chicken complete with head was a sight I won’t forget in a hurry!

My journey back to the UK was just as eventful as my outward journey. I had to sign a ‘Release of Indemnity’ form when my flight was delayed for over 4 hours which essentially means that under Chinese Law any flight delay by air traffic control is not the fault of the airline. Luckily my connection was also delayed by 5 hours too so it all worked out in the end!

I enjoyed my visit to BTC and look forward to putting our ideas and quality processes in place.

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Leading cash handling equipment provider, Innovative Technology Ltd. (ITL) will be exhibiting at the Autumn Coin-Op Show (ACOS) on 11-12th October 2017 at Stamford Bridge, home of Chelsea Football Club.

The company will have their cash handling and ticketing product range on display for visitors and industry peers on Stand 2.

Andy Bullock, Business Development Manager, commented, “We are excited to be participating at Autumn Coin-Op this year, this is the fourth time we have exhibited and I am expecting a lot of interest in our products.  ACOS is an excellent networking opportunity, itallows us to display our latest products and gather feedback from industry professionals in an informal setting.”

Highlights on the stand will include a number of popular cash validation products including the NV9 and NV10 range which boast enhanced sensing technology and a high acceptance rate. Ticketing has remained a hot topic for the industry and the company’s modular approach to product design means customers already using the widely used NV9 USB+ banknote validators can easily add ticket printing capabilities. The NV12+ is a revolutionary compact validator and ticket printer that dramatically reduces operational costs by eliminating hopper starvation and reducing cash handling tasks.

In addition to the company’s validator and combined products, ITL will be demonstrating their standalone coupon printing solution, CR-158. This compact coupon printer is available with two different bezel options, to suit both the European and US markets. The unit's high-quality Seiko print mechanism is field proven and free ticket template software allows unlimited branding opportunities. 

Andy commented “As well as our combined validator/printer products, the separate printers can cater towards specific operator needs. In particular, the CR-158 is suited to those will less space available in their machines.”

The company’s newest product, the NV200 Spectral will also be on display at the show. Visitors can see the state of the art spectral sensors which provide complete note image capture by scanning over 4.8 million datapoints to authenticate the validity of notes. The unit boasts 99%+ first time acceptance of new and street grade notes with a note to note processing time of 2 seconds. It also delivers outstanding fraud protection by using optical and mechanical anti-strimming technology.

Join the ITL team at stand number 2 and learn more about their innovative product range.

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