Latest News

IMA, Germany’s no. 1 amusement show, was held in the middle of January and brought the industry together in the city of Düsseldorf. “As the show was cancelled last year it was great to have this important industry meeting back in the calendar again for 2014. IMA was a definite success for us this year with excellent visitor feedback on our complete product range but especially our SMART Payout ‘true’ note recycler and the multi coin SMART Hopper. The operators understand that these products are the cash handling solutions that they need to save money and create cash handling efficiencies.” stated…

Innovative Technology will be showcasing their state of the art, cash handling product range at ICE, along with the exciting promise of an exclusive first look at what Sales Director Tony Morrison described as “a ground-breaking new product that is set to revolutionise the industry”. Innovative Technology has hit the ground running in 2014 following a year of unparalleled success in 2013. The Innovative Technology stand, N3-150 will have the entire product range on display and will be manned by key sales personnel from a number of International offices.   The company, who are well known for their innovation in…

The new €10 banknote was unveiled by the European Central Bank today when it was announced that the note will enter circulation on the 23rd September 2014.   The new €10 will be easily recognisable as its design is similar to the existing €10 note. The design incorporates advances in banknote technology, making the note even more resistant to counterfeiting and it will also be more durable.   During the unveiling the ECB commented: “Today is a chance to highlight the importance of maintaining people’s trust in the Euro. One of the main reasons for introducing a new series of…

"It has been a truly remarkable year for every level of the business,” commented an exuberant Aidan Towey, Managing Director of International cash-handling specialists Innovative Technology Ltd (ITL). “The hard work and tough decisions we have made in previous years have really started to pay fantastic dividends, 2012 was a good year but this year has been spectacular! Aidan continued, “Four years ago we took a long hard look at where we wanted the business to be and took a path that others quite frankly might have feared to take. These choices and the massive investment that we have made…

This year we embarked on a new adventure with the announcement of plans to create the Innovative Business Park. Built on existing land at our UK Head Office in Oldham the first phase will house a new 36,000 ft2 office building with state of the art facilities for up to 150 staff.   Our continued success has led to a number of career opportunities at ITL, and subsequently we have out-grown our existing UK Head Office building. Most staff will re-locate to the new building on the Business Park in 2014, while our current office will retain all manufacturing functions…