Innovative Technology was founded in Oldham in 1992 by David Bellis MBE to create cost effective banknote validation equipment. Since then our business has grown to become a market leading provider of cash handling technology and we now operate from 4 continents around the world.

We have always been committed to innovation, developing the most technologically advanced products, to help our customers improve their performance and reduce costs. This continued focus of innovation, in partnership with our customers, has proved crucial to our continued growth.

Our banknote validators, banknote recyclers, multi-coin hoppers and printing solutions now handle millions of transactions every day for some of the world’s leading companies across the gaming, amusement, vending, retail and kiosk markets.

Read more in the About Us section of our website.

Bank note validator manufacturer Innovative Technology Ltd exhibited at the first Kiosk London show held in the City last week.

Paul Curley, Business Development Manager said, “Although it was a smaller show than we were expecting the quality of visitors and potential leads was of a very high calibre.

Earlier this month staff from Innovative Technology’s German subsidiary,Automated Transactions (ITL) GmbH attended the FORBES 2011 exhibition in Prague alongside MOD elektronik.

Held in Prague at the start of October, FORBES is the Czech Republic’s national exhibition for slot machines, VLTs, casino, lottery and betting terminal operators and manufacturers.

MOD elektronik’s owner Jiri Modrak is pictured with their latest VLT machine for the Czech Market, BLUE GAMES PLUS, Hell’s Devil. The machine is fitted with Innovative Technology’s NV200 bank note validator and SMART Payout. The high volume, high security NV200 can accept high value notes up to 85mm wide and is also TITO (ticket in ticket out) capable. When fitted with a SMART Payout the combined unit can store up to 80 mixed denomination notes for change or prize payouts. Any denomination accepted by the bank note validator can be paid out.

Jiri Modrak said “The level of interest in our new VLT was very encouraging, the show overall was super for us! The pay out capability provided by the SMART Payout attracted a lot of attention amongst the visitors”

Image shows MOD elektronik & Automated Transactions (ITL) GmbH staff at FORBES.

The NV200 and SMART Payout is one of three Innovative Payout solutions currently offered by Innovative Technology.

• The SMART Hopper is a true multi-coin hopper capable of validating, discriminating and storing mixed value coins. Host machines set the desired coins needed for payout and transfer any unwanted coins straight to the cashbox.
• The NV11 is the latest addition to the Innovative Technology product range. Combining an NV9 USB bank note validator and Note Float unit the NV11 can store up to 30 notes of a single denomination for payout – helping to alleviate the problem of coin hopper starvation.

These Innovative Payout Solutions can be seen alongside the complete Innovative Technology bank note validator range next month at SAGSE, Argentina and Self Service Expo, India.

Follow Innovative Technology on Facebook at: www.facebook.com/InnovativeTechnology

Innovative Technology will be at next month’s SAGSE exhibition to demonstrate their complete product range to customers from across South America. 

China's first ever Gold ATM was installed this week inside a shopping mall in Beijing.

The ATM dispenses gold coins and bars and the machines utilises Innovative Technology's NV200 Bank Note Validator to accept banknote cash payments.

NV10 USB firmware 3.30 released, Russian website version, Newly released datasets, NV7 & NV8 obsolete notification, NV200 ready for new £50 banknote, Future Exhibitions, NV200 Product Features and eSSP Software Development for Host Applications.