West Chester, Pa., February 9, 2006 – MEI announces that its SODECO™ BNA56 note acceptor has been integrated into Scan Coin UK’s new CDP4 self-service cash deposit system. Scan Coin, the largest supplier of self-service cash deposit systems in the United Kingdom, can now deliver seamless operations for multiple bus companies throughout Europe.
The Scan Coin CDP4 system, a fourth-generation product first launched in the late 1980s, enables bus drivers and conductors to secure cash and coin deposits from their daily routes. There are currently more than 500 Scan Coin CDP units in operation throughout the U.K. and Ireland, each receiving between 500-2000 notes daily via the note acceptor.
Scan Coin enhanced its CDP system with MEI note-acceptor technology to improve payment accuracy and note acceptance, and to provide a higher level of security. The BNA56 unit’s note path processes notes smoothly, ensuring a lower jam rate.
“Our bus driver clients take comfort in knowing that forgery will be detected, and since integrating MEI technology we have not been made aware of a suspect note being accepted,” noted Steve Fitton, sales director at Scan Coin UK. “In addition, the drivers have great confidence in the equipment, as they trust the machines to get their cash reconciliations right. The MEI cash acceptor is the guts of our CDP4 machine.”
About MEI’s Full Line of Cash Acceptors for Self-Serve Systems
MEI (Mars Electronics International) offers the industry’s most complete line of note and coin acceptors for the varying needs of retail self-serve applications. MEI SODECO™-BNA56 note acceptors are designed specifically for use in high-volume, high-value applications with dedicated cash-box collection and a revenue center. MEI CASHFLOW® SC Series note acceptors are the world’s most technically advanced cash acceptor for retail applications. MEI Series 2000 note acceptors provide a lower end alternative for retail applications that do not require premium features or a lockable cash box. MEI Combo Acceptors are the industry’s first unit that accepts cash, credit and debit. MEI CASHFLOW 9500 coin acceptors are ideal for kiosks and other unattended retail systems. MEI provides all the technical support that OEMs, professional software developers and systems integrators need to design, integrate, test and deploy their self-serve systems.
Today, MEI systems are relied upon for more than 1 billion transactions per week in 90 countries. The company developed the first electronic coin mechanism in the 1960s, followed by the first electronic non-contact bill acceptor, and more recently its vending management system. Today MEI has the largest worldwide installed base of unattended payment mechanisms. In 2004, 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 in the vending, soft drink, gaming, amusement, transportation, retail, and kiosk markets. For more information on MEI and its products, visit www.meiglobal.com/kiosks or 800-345-8215 x2510.
About Scan Coin
SCAN COIN is a global leader in automatic coin and bank note processing, offering tailored solutions from stand alone coin or note counters to complete systems of hardware and software for efficient cash processing. Scan Coin UK, its British subsidiary, has increasingly focused on the transport industry throughout the United Kingdom and Ireland. The transport systems are also deployed by Scan Coin companies in France, Germany and Portugal, and with SC partner companies in Australia and New Zealand. For more information on Scan Coin UK and its products, visit www.scancoin.co.uk.
Editors’ note: A high-resolution photo print is available upon request.