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Innovative Technology (ITL) and Timeks Ltd. celebrate a longstanding 10 year collaboration this month. Timeks Ltd, a highly specialised company supplying a range of automation hardware solutions, have been an approved ITL Trading Partner for a landmark 10 years.

Global cash validation and AI-powered biometric technology leader, Innovative Technology, began the trading partnership with Timeks in 2015 and for the past decade they have been distributing their solutions to customers throughout Turkey. TIMEKS Ltd., based in Istanbul and established in 2002 provide the Turkish market with the most effective and highest-quality hardware products from some of the best manufacturers in the world.

Commenting on their partnership, Stefano Mandelli, ITL Business Development Manager for the region said, “When Timeks became our official distributor in 2015, our aim was to use their expertise of the local market to grow our market share in various vertical sectors within Turkey.  Our relationship is now well established, and we have significantly increased our presence in the region. They now distribute our full product portfolio to several markets including vending, amusement, retail and transport.”

Timeks & ITL 10 years

Can Inel, General Manager of Timeks said, “Our partnership has strengthened over the years and it’s always a pleasure to work with colleagues at ITL. We provide local sales and support assistance to enable customers to automate their cash handling requirements.  ITL’s note validators and recyclers including the BV30, NV9 and NV11 are now widely used in low-value vending and amusement markets.  We have also introduced some of their more recent devices including the NV200 Spectral, Spectral Payout and NV4000 Spectral to the retail and transportation markets.”

Concluding Stefano said, “The team at Timeks are doing a great job establishing our brand and entering new markets throughout Turkey with our latest innovations.  Being able to support customers on a local level is important to us and we look forward to strengthening this partnership even further over the coming years.”

  
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