10/2/06 - FutureLogic, Inc. Names Meyerhofer President
Meyerhofer joined FutureLogic in 1986 as an electronics engineer designing embedded and desktop printers, industrial labeling equipment and systems interface logic. With almost 20 years of experience in thermal-printing technology, he has been a driving force behind the development of the company's current core products, including the industry-leading GEN2 series of thermal printers for cashless gaming.
Mark Meyerhofer, board member and co-founder of FutureLogic, said that the company's board unanimously selected Eric Meyerhofer based on his knowledge of the company's customers, products and operations.
Eric Meyerhofer said, "FutureLogic strives to be the best value proposition for customers in its focus markets, including gaming, kiosk, RTAL and medical. In this new role, my goal is to build on the company's momentum to increase our business and value to customers' worldwide."
About FutureLogic Founded in 1983 and headquartered in Glendale, Calif., FutureLogic designs and builds high-reliability electromechanical assembly solutions for nearly every printing need. As the undisputed leader in super-robust thermal printer technology, FutureLogic is the industry's premier supplier of thermal printers for casino gaming, promotional equipment, kiosk, industrial, parking, gas pumps and medical applications. In July 2004 the company founded FutureLogic Europe Ltd to provide direct sales and engineering support for the growing OEM thermal printer markets in Europe. More information on the company is available at www.futurelogic-inc.com.
9/2/06 - Brent Electronic wins Comestero distribution
Brent Electronic has added to its string of high profile distribution agreements by securing the exclusive UK rights to the Comestero range of change machines and money handling equipment.
The agreement, which was struck with the Milan-headquartered company in the week prior to ATEI 2006, raises the number of exclusives held by Brent to over 30 - covering sectors including music, pool, security, dedicated spares and money handling.
Sales director, Peter Murphy believes that the agreement with Comestero works well for both companies: "We can certainly provide Comestero with great exposure and sales in the UK and the fact that they have chosen us to represent the range is a powerful endorsement of Brent Electronic's standing in the market."
He added: "Even though we had no time to pre-publicise the agreement, which was completed on the Friday prior to ATEI, the response to the range - in particular Comestero's low cost change machines - was magnificent and augurs especially well for the future."
Piero Martellotta, export sales manager at Comestero Group, welcomed the agreement, saying: "The UK is an important market for amusements and gaming. It's vital that we maximise market share and I believe that in Brent Electronic we have found a distributor that has the infrastructure, contacts and professionalism to take us to a new level."
Universal Space the Chinese amusement equipment manufacturer exhibited their products on several booths at the ATEI exhibition in London last week. Amongst them was Caroubot a new coin operated carousel pictured here with Universal's Steven Tan.
Other products included Basket Fortune which is tipped by many to be this years must have redemption product.
31/01/06 - Suzo Happ release the Evolution at the ATEI / ICE
Suzo Happ* have released their Evolution hopper at this year's ATEI / ICE exhibition recently.
The Evolution is the next generation belt-driven hopper. The Evolution has been designed with excellent quality and servicing in mind. Not only is the Evolution the quickest belt-driven coin payout hopper, the strong motor and electronics concentrated on one board ensure the long life and reliability of this product. Indeed, the electronics have been designed with service engineers in mind who will be pleased to see the simple accessibility here.
The Evolution is available with the parallel or cctalk protocol and can be purchased with either the Cinch or Bulgin connector. The innovative positioning of the connector means that the opposite or adjacent setting can be done easily and quickly by the customer himself.
"The Evolution has been in test for several months with key customers and the feedback shows us that this product will quickly establish itself in the market. It is a step forward for our customers but at a price that's right. We are very excited about the future of this product" exclaimed John Carroll, Product Manager at Suzo International.
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."
