Crane Co. (NYSE: CR), a diversified manufacturer of engineered industrial products, announced today that it had acquired the assets of CashCode Co. Inc., a privately held company specializing in niche applications for banknote validation, storage and recycling devices for use in gaming, amusement, vending, retail and transportation applications.
CashCode's head office and main manufacturing operation is located in Concord, Ontario, Canada. Founded in 1991, CashCode employs approximately 350 people worldwide serving the global marketplace. Crane recognized CashCode as an ideal partner with a 15-year track record of stability, profitability, and strong growth.
CashCode will be working closely with National Rejectors, Inc. GmbH (NRI), a Crane Co Company, to jointly offer an enhanced range of innovative, reliable currency systems to the market. Both companies are already key suppliers to the global gaming market and this acquisition will enable even greater product innovation and global support. Crane Merchandising Systems (CMS), another Crane Co company, will oversee the CashCode operation.
"Crane Merchandising Systems is very excited about the acquisition of CashCode," said CMS President Brad L. Ellis. "The combination of NRI and CashCode enables us to broaden our product appeal to our gaming customers, offering high quality coin, bill, and cashless solutions. With the acquisition we are truly engineering the future of currency validation."
This year, as strong as ever, Comestero are present at Atei 2006 where, at the big impact stand N. 719, fully equipped with specific technical and demo areas, we will present a large range of our specific products for the gaming and gambling market including some exclusive new products.
The new Jolly is the change machine smaller than your span, extremely versatile and ideal to fit in a game room environment. Despite its reduced size it offers an excellent distribution capacity (~4500 coins) and impeccable security performance. Easy cashbox and hopper extraction, thus avoiding theft or burglary attempts, so when the room is closed the empty machine can be left on view.
We will also present Changeuro Easy Plus, an already tried and tested model, which we gave all better functionality, new colouring and styling and higher security, the later guaranteed by the new "supersecurity" lock with three enforced closure points. It is a compact change machine which offers a bigger coin capacity.
At our stand you will find a complete range of electronic and mechanical coin validators; RM5 range includes RM5-M Plus, the high quality and reliability 5" electronic coin validator which manages up to 4 separating channels plus reject. RM5 cctalk, designed for the gambling market, is available in the standard version suitable for international markets and to meet the unmodifiability requirements of Italian law 289. It is interfaced to the machine via a serial line, as provided by cctalk protocol; it also contains two new functions: download and self-teach functions, the later being useful for self-programming.
A large area will be dedicated to the wide range of money counter/sorters: precise, all transportable and extremely reliable; they represent a quick and easy way to count and sort up to 8 types of coins directly on site. The interactive graphic display showing counting parameters, make it easy to use. They can be equipped with rechargeable battery power supply for two hours of counting lifetime.
A wide range of coin entry, separators, push buttons, components, locks and accessories also complete Comestero's offer specific for the gambling market .
In occasion of this international event, we will inaugurate the new domain www.comesterogroup.com, a new portal dedicated to the international markets.
16/1/06 - FutureLogic Receives Golden Dasha Prize for 'Best Start-up'
FutureLogic, Inc., the leading manufacturer of thermal ticket printers for cashless gaming, announced today that it received the prestigious Golden Dasha award for "Best Start-up" at the December 2005 EELEX international gaming exhibition in Moscow.
Management of the EELEX trade show, which attracted more than 200 exhibitors and nearly 12,000 attendees from 53 countries, presented FutureLogic with the Golden Dasha award in recognition of "the best and most mature first year of operation within the Russian market."
John Edmunds, General Manager for FutureLogic Europe received the award on behalf of the FutureLogic team and said, "This award validates the effort we have made over the last 18 months to develop outstanding personal, commercial and technical relationships within the Russian market. We are truly pleased and honoured."
Over the past year, FutureLogic has developed a wide range of collaborative business agreements in Russia, to provide comprehensive sales and service support for its GEN2 thermal ticket printers and ProMatrix promotional couponing system. This has resulted in preferred or approved vendor status with the country's major game manufacturers and a growing installed base in casinos throughout Russia, the CIS and Eastern Europe.
"This award reflects the respect and credibility that FutureLogic has earned with customers, partners and peers in the Russian gaming industry," said Sergey Kazakov, EELEX's General Manager. "The company's commitment to innovative gaming technology, advancing TITO operations throughout the world and the professionalism of the European team is clearly the key to their successful business start in Russia."
The 4th International Salon of Entertainment Devices & Salon Light, Sound and Stage SUREXPOŽ took place in EXPO XXI Centre in Warsaw from 18 to 19 November 2005 and gathered 123 companies, 44 of them were from abroad. That's much more than last year and shows that european companies are much more interested with the polish amusement market. Overally these were companies representing 17 countries. The fair was visited by about 1000 people from the business and 4 500 guests.
Jolly Roger (Amusement Rides) Limited will be exhibiting five new rides for the first time at this year's ATEI Show to be held in London later this month (Stand No. 1020). This will be our largest ever showing of new models, reflecting the major investment and expansion of our business since the acquisition of the Mitchells Children's Rides brand in mid 2005.
On show this year will be:-
Sergeant Stripes - a fantastic new licensed character ride featuring a catchy theme tune and authentic sound effects (the cartoon series is very popular and is currently showing on Cbeebies with a 33% audience share across the target 4 -6 age range).
World Rally Car Video Simulator - this ride won't be complete until the week before the show so no photo unfortunately. This is an exciting new licensed interactive video ride based on the World Rally Car Championship. With a global TV audience of 800 million (including a large fan base in the youth market) this ride is aimed at attracting children in the 4 to 11 age range. The video shows real "on-board" footage of four exciting stages of the championship (each stage is selectable). The child gets an authentic feel for the rally as the ride lifts, dips and turns following the rally course, bringing interactivity to a new level of realism.
Bob The Builder Photo Ride - Now children can ride along with Bob the Builder and have their photo taken! This latest version of Scoop dispenses a high quality full colour photo with every ride. By combining this premium vending opportunity with the world's most successful licensed character ride profits are bound to soar. As Bob would say..."Can we fix it?.... Yes we can!"
Noddy - a re-launch of the extremely popular licensed character. With a new TV series of "Say it with Noddy" (100 x two minute episodes) now showing on Channel 5, the awareness and cash generating potential of this ride is excellent. Featuring a catchy theme tune and authentic sound effects from the cartoon series.
City Tour Bus - a large three-seater video ride. This ride was shown to a selective audience at the Deith open Day last summer, but this will be the first showing of the ride at a trade exhibition. It features real video footage of a London bus tour and realistic sound effects. The three seats and video screen gives tremendous value to customers, allowing operators to charge a premium vend price.
