MEI EASITRAX® Soft Count enables casinos to easily retrofit operations and receive faster, more accurate revenue data from slot machines
West Chester, PA October 7, 2008 — MEI has expanded its offering to casinos with the introduction of EASITRAX Soft Count. The integrated software/hardware solution places information collected in the MEI CASHFLOW SC® bill validator into a database that can be networked to multiple locations and be accessed to analyze slot floor performance.
“This is a natural evolution for MEI,” said Tom Nugent, executive vice president - Gaming. “Our core business is security and acceptance. The CASHFLOW SC bill validator’s success illustrates MEI’s leadership in those areas and their importance to the industry. EASITRAX Soft Count extends the application of our knowledge – enabling casinos to make their cash management process more efficient.”
RFID technology is used to connect slot machine asset numbers and bill validator operational information to a specific cashbox. Accessing data has never been faster – allowing operators to base decisions on several instant reports programmed within the accompanying software:
- Acceptance rate of what is in the cashbox
- Currency report documents how many bills are in each Cashbox and the percentage of collected denominations over a period of time
- Drop status manages the daily collection of the money and cashboxes
- Jams reports, if they occur, identifying potential problems
- Rejection types defines one of seven categories as to why the bill was rejected
- Version report ensures each bill validator has up-to-date software.
“EASITRAX Soft Count is another example of how MEI technology is finding more uses within the Gaming industry,” said Tom Shuren, MEI chief technology officer. “The result is the same – tools that increase operators’ profitability. Whereas CASHFLOW reduces jams and increases acceptance rates, EASITRAX provides data to optimize machine placement, advance troubleshooting, make drop schedules more efficient and eliminate unnecessary jurisdictional fines.”
The EASITRAX Soft Count system has been designed to be easily retrofitted to the CASHFLOW SC bill validator. Building a comprehensive cash management solution is as simple as applying these basic components:
- Placing an antenna board to the CASHFLOW SC interface board
- Applying RFID tags into the cashbox to allow information to be transmitted
- Tying EASITRAX reader bases (up to four) into a soft count room system that includes a USB hub and a computer
- Installing software that creates a SQL database and loads available reports.
EASITRAX-enabled bill validators and cashboxes can be ordered directly from original equipment manufacturers (OEMs). MEI has also made all of these components available in retrofit package kits to simplify the ordering process. The system has been configured to be compatible with sorter/counter equipment produced by Cummins, G&D, Glory and Toshiba – further illustrating the ease in which it can be incorporated into an existing operation. EASITRAX can be implemented with minimal capital (using existing components reduces system costs) and with the hardware each operation has specified for its particular needs.
“We have been able to apply our knowledge of the Gaming industry into an existing product developed and implemented in our Vending division,” said Mr. Nugent. “The result is an ideal solution – launching a new product with proven technology that targets a specific industry need. EASITRAX Soft Count allows the CASHFLOW SC to redefine what a bill validator can offer operations and, in so doing, enhance the value that MEI can offer our industry partners.”
Today, MEI systems are relied upon for more than 2 billion transactions per week in over 100 countries. The company developed the first electronic coin mechanism in the 1960s followed by the first electronic non-contact bill acceptor, and more recently the vending management system. Today MEI has the largest worldwide installed base of unattended payment mechanisms. In 2007, MEI reached a milestone of selling more than four million bill acceptors and five million coin mechanisms 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.meigroup.com or call 1-800-345-8215 in US (please refer to our website for various international telephone numbers).