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Items filtered by date: February 2018
Innovative Technology are pleased to announce the appointment of Georgiy Frolov who joined the company recently as Business Development Manager. Georgiy is based in Moscow and his role at ITL will be to develop business across all segments in Russia and the FSU (Former Soviet Union) region. 
Thorsten Labusch, VP of Sales & Business Development RKB, commented “Georgiy has been brought on board as our local sales contact in Russia to help us extend our reach, attract new customers and to develop the business in this growing region.  As well as promoting ITL to new customers Georgiy will also assist existing customers in Russia to ensure they continue to receive a high level of customer service. Georgiy is settling in well, using his experience effectively and I look forward to working with him on some exciting strategies in the future.” 
Commenting on his position, Georgiy said, “Since graduating in 2010 from St. Petersburg State Economics University I have worked in some of Russia's largest banks and in the kiosk industry gaining vast experience in self-service. I joined Innovative Technology at the end of November 2017 and I am enjoying working for a European Company and using my knowledge of global self-service systems. I look forward to arranging more customers visits, and promoting our products at the three events we are attending in the region this year - Retail PLUS Forum & Vend Expo in March and International PLUS Forum in October.”
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Leading cash handling equipment provider Innovative Technology Ltd. (ITL) are pleased to announce their newest Trading Partner, Budelmann Elektronik.

Budelmann Elekronik are based in Germany and specialise in electronics and embedded systems, software solutions and consultation services.  Budelmann Elektronik was founded in May 2010 by Christoph Budelmann and in 2012 Jeannine Budelmann joined the management team.

Commenting on the partnership, Thorsten Labusch VP of Sales & Business Development RKB at Innovative Technology said, “We have had a long-standing relationship with Budelmann for several years. In the past they have developed a couple of components for our products, so they understand our product range well. Although a German company, both Jeannine and Christoph have strong relationships in France within the electronics industry, so we are keen to draw on this experience and work with Budelmann to expand our presence in the French marketplace. We have strengthened their knowledge of our products with extensive training at our German office. Budelmann are fully equipped with the information they need to market, sell products and provide support on our behalf and French speaking employees will provide first level support to customers across the region”.

Jeannine Budelmann, Managing Director, Budelmann Elektronik commented, ‘We have been working with Innovative Technology and integrating ITL products since2010 and so we have developed a strong relationship with them.  We have been closely following and supporting the company’s growing success and are very excited to become one of their official trading partners.  ITL’s advanced technical features, product range and the constant evolvement of the product line is very impressive.  We understand customers’ requirements and know that ITL’s cash handling equipment range offers affordable, reliable validation equipment and we look forward to helping grow their business in France. We have recently updated our website, so customers can now access information on ITL products in French: http://www.budelmann-elektronik.fr/. We look forward to working together for years to come.”

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Wednesday, 14 February 2018 00:00

ICE proves a big success for Spectral

Leading cash handling equipment provider Innovative Technology Ltd. (ITL) exhibited their full range of cash handling and TITO products at the largest European gaming exhibition last week. ITL gave new and existing customers a first glimpse of their latest innovation, the NV9 Spectral which attracted considerable interest on the stand.

Enrique Jütten, VP of Sales & Business Development commented, “ICE proved to be a great success for us again this year and we were delighted with the constant stream of visitors to the stand over the three days. A key highlight on our stand was the NV9 Spectral which we showcased on the first day of ICE giving our customers an exclusive first look at this exciting next generation note validator. The NV9 Spectral – The most technically advanced note validator in its class – is a highly secure and technologically advanced banknote validator, offering casino level security.  Customers were keen to hear about its optical and mechanical anti-strimming technology which will give operators outstanding fraud protection, alongside extra security features including stained note detection. We know it will prove to be a very popular product when it’s fully launched to the market this Summer. It was also great to see our note validators and SMART Coin System products on a number of fellow exhibitor stands including the NV9 & NV200 inside several sports betting machines.”

ITL’s NV200 Spectral was also a hit for visitors to the ITL stand for the second year running. The state of the art sensing technology offers complete note image capture (highest spectral coverage) 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.

Marcus Tiedt, ITL Sales Director commented, “Another hot topic on the stand was TITO conversion. Live Ticket+, our TITO offering, proved to be very popular with visitors to the stand. The system not only gives customers a GBG compliant TITO offering but it also includes many data and reporting benefits as standard. A simple and easy to use interface allows operators to access, in real-time, a full machine audit system including cash and TITO transactions. It allows remote software and dataset updates to cash handling peripherals and the ability to create detailed status reports to assist effective machine collection and fault reporting, all fully configurable. As well as Live Ticket+, visitors were also interested in our well established NV12 revolutionary compact validator and ticket printer. Its modular design combines an NV9 USB+ banknote validator with a high-performance printer unit and integral barcode reader, delivering a market leading ticketing system. We used ICE to once again remind customers of the benefit of our remote download facility, available across our product range, to allow currency and firmware updates to be pushed out remotely across the entire machine estate for convenience and efficiency.”

Enrique concluded, “The visitor feedback we received this year at ICE is extremely valuable and will help us shape our product portfolio to ensure we continue to meet the needs of the industry, creating innovative cash handling solutions that the market need and want.” 

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Innovative Technology Americas, Inc. will be exhibiting their range of bill acceptors and TITO solutions to visitors attending Amusement Expo International 2018 which will take place 27th February to 1st March 2018 at the Las Vegas Convention Center. 
Rebecca White, VP of Sales & Business Development, said “This is our third year at Amusement Expo International and we are looking forward to promoting our bill validators and TITO solutions to the North American market.  We are growing our US office, so we are looking forward to using Amusement Expo as a valuable opportunity to connect with both new and existing customers.”
The products on show for the 2018 exhibition will include Innovative Technology’s BV range featuring the popular BV20 and BV50 bill acceptors.  The BV50 is designed specifically for the US market to accommodate US bills. With the option of up or down stacking and four cash box capacities the BV50 is ideal for amusement and vending machine applications, and our IF15 “anti-zapping” solution has been a huge success this year.  The BV20 is a compact, light-weight bill acceptor ideal for amusement and low value vending applications. Proven field reliability, quick transactions and easy maintenance make the unit future proof. Innovative Technology will also be showcasing the NV9 USB+, a versatile, reliable, International bill validator qualified for 100+ currencies.
Rebecca continued, “We have seen a definite increase in inquiries for coupon printing and TITO solutions over the past 12 months at the US office and we are well positioned to meet these demands. We can offer various solutions from stand-alone coupon printers to combined bill validator & TITO solutions.  CRU-158 will be available for visitors to demo. This compact coupon printer that has been specifically designed for use in the American market, has a high-quality, highly reliable Seiko print mechanism and free ticket template software to allow unlimited branding opportunities.”
Rebecca concluded, “We will also be showcasing our low cost, compact, TITO solution called Live Ticket+. Designed to increase revenues and improve operational efficiency our US TITO offering combines our NV12+ (a revolutionary compact validator and ticket printer), MicroHub and Android desktop TITO redemption terminal. Using this US specific Live Ticket+ operators can scan, print and read barcoded tickets to maximize revenue and increase total play time.”
Visit Innovative Technology Americas, Inc. on stand number 849 to learn more about their innovative product range. 
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Today in an ICE exclusive at stand N1-430, Innovative Technology will showcase their latest innovation, giving customers a first glimpse of the NV9 Spectral advanced note validator.

The NV9 Spectral – the most technically advanced note validator in its class – is a highly secure and technologically advanced banknote validator, offering casino level security at a mid-range price. State of the art spectral sensors provide high resolution imaging, scanning 1.28 million data points, imaging the full banknote to authenticate its validity - giving unrivalled genuine note detection and protection against fraudulent notes.

Commenting on the product, Marcus Tiedt, Sales Director said, “We are delighted to be able to showcase the NV9 Spectral on the first day of ICE and give our customers an insight into this exciting next generation product. The NV9 Spectral boasts a faster note to note processing speed ensuring operator profitability. Optical and mechanical anti-strimming technology delivers outstanding fraud protection, alongside extra security features including stained note detection. Showcasing the NV9 Spectral at ICE is a great opportunity to get important customer feedback to add to our field trials, ensuring we produce a product that exceeds customer requirements when it is available for general release during the Summer.”

This next generation versatile banknote validator can be mounted horizontally or vertically with cashbox and bezel options to suit all applications and a micro SD data for data logging. Its modular design means that a note recycler or ticket printer can easily be added, improving functionality to suit most applications. Easy maintenance with free-firmware updates allows customers to future proof your investment with quick and easy updates via USB, PC or handheld programmer.

Visit the Innovative Technology ICE stand, N1-430 to find out more about what this latest innovation, the NV9 Spectral can offer your organisation. 

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