MEI will be unveiling an exciting new addition to its AWP industry offering at ATEI 2007. The MEI GEO note acceptor boasts the superior level of reliability for which MEI products have become renowned, coupled with a modest cost.
Developed in collaboration with a partner firm, VTI, MEI is setting the standard for entry-level products in the stackerless amusement and mid-level gaming markets with the MEI GEO. The new note acceptor will be a private label development, drawing on MEI’s significant experience in algorithm development and international currency research. According to Michael Lazoff, Global Strategic Marketing Manager for MEI: “We identified the need for a stackerless multi-width product that could be a foundation for amusement and entry-level gaming solutions.”
He continued: “VTI's product, in combination with the reach and international currency expertise of MEI, has resulted in a note acceptor which is both cost-effective and has the high level of reliability and performance our customers would expect.”
Bob Mackenzie, director of MEI Gaming Engineering, has also been involved with the development of MEI GEO. “Players clearly prefer cash for amusement gaming devices. The MEI GEO unit offers the reliability and ease of operation that our customers expect in a stackerless footprint. It has been wonderful to work closely with a partner organisation such as VTI to provide higher performance in a value oriented product.”
MEI will be sharing a stand (number 1720) with Brent Electronic at ATEI, its distributor in the UK and Ireland for the CASHFLOW™ range of note and coin acceptors. European Gaming Director, Mark Greenawalt said: “We are very excited to be launching the MEI GEO at ATEI 2007. We have drawn on our years of experience with note readers for the casino industry to provide the AWP market with a product which matches our high standards of reliability, and is also value for money. As always, our European team will be available on the stand to welcome all visitors and demonstrate the benefits of our products.”
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Notes to Editors
About MEI:
MEI solutions are relied upon for more than 1 billion transactions per week in 90 countries. Having been at the forefront of automated cash transaction technology and its development for over 40 years, today MEI has the largest worldwide installed base of unattended payment mechanisms. Recently, MEI reached a milestone of selling more than 3.5 million bill acceptors, 4.5 million coin mechanisms and 1 million control boards worldwide. Its products are in widespread use throughout the Amusements, Gaming, and Retail world, including casino gaming, digital jukeboxes, traditional fruit machines, and a myriad of other transaction devices. MEI’s products are use as well as in the vending, soft drink, retail, transportation and parking markets. For more information on MEI and its products, visit www.meigroup.com.
About VTI:
ValTech International, LLC (VTI) designs and manufactures professional currency validation products and is based in Las Vegas, Nevada USA.
The VTI group of companies includes international sales, warehousing and service offices in Europe, Asia and in North America.
Setting the example for advanced technology in the currency validation industry, the Matrix vertical stacking bank note validator has already won 2 prestigious awards. In 2003, the Matrix was awarded the “Editor’s Choice Award” at the KioskCom 2003 exhibition for new technology by introducing the Matrix USB, the industries first direct USB interface. Following up on this, the Matrix USB was also awarded the Kiosk Magazine’s award for “Best Input Device” for 2003.
VTI is dedicated to providing the industry with products that lead by technological innovation and thought. VTI also has a global network of distributors and service centers to support its customer base.
For further information or images relating to this press release please contact The Ceres Partnership:
Sophie Hadden +44 (0) 1604 654260 sophie.hadden@ceres-pr.co.uk
Peter Crowe +44 (0) 1604 654260 +44 (0) 7967 504034 peter.crowe@ceres-pr.co.uk