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Macau, China, June 10, 2010 Innovative Technology Ltd (ITL) a leading manufacturer of bank note validators and bill acceptors for the gaming, amusement and transportation industry, has signed a distribution agreement with Pacificnet Ltd (PACT) for all ITL's bank note validator products in Macau and Hong Kong.  ITL, based in Oldham, UK, is a leading provider of bank note validators, and has offices in UK, Germany, Spain, Colombia, Brazil, USA and China. Pacificnet and ITL exhibited their gaming products together at the G2E in Macau on June 8-10, 2010. A further celebration of the partnership will take place shortly with…

Innovative Technology is pleased to announce the new appointment of Paul Curley as (UK) Business Development Manager. Paul joined Innovative Technology on the 4th May and brings with him an extensive knowledge of the industry having worked in automated payment for over 10 years.

A regular at the Fadja show Automated Transactions Ltda (the Colombian office of Innovative Technology) demonstrated their new ‘SMART Way’ to pay out last week. Mustapha Hadj-Ahmed, Director said “Visitors were highly impressed by the combined ability of the multi coin hopper and mixed note denomination note payout that is the SMART Hopper + NV200 + SMART Payout.” 

This latest Trading Partner, Amusement & Promotions in Netherlands have been working with Automated Transactions in Germany for some time and are pleased to become an official Trading Partner, distributing their range of bank note validation products.

From Stand 39 Innovative Technology will demonstrate their established bank note validator range and introduce the SMART Way to the Irish market. Comprising a true multi coin hopper (SMART Hopper) and a mixed note recycler (SMART Payout) the SMART Way allows any combination of mixed coins and notes to be paid out as change or prizes.