New MEI product earns status as approved banknote authentication device for its ability to detect Euro counterfeitsThe European Central Bank (ECB) awarded MEI GEO Gravity certification as an approved banknote authentication device. This exclusive status resulted from rigorous testing to ensure products used in the European Union can effectively detect Euro counterfeits.
GEO Gravity was recently introduced to expand expectations for acceptance rates, security and jam performance in smaller scale casinos, as well as amusement and retail operations. The product line utilizes algorithms that have been enhanced based on decades of experience – and driven superior performance in CASHFLOW SC – to effectively balance performance and price.
“GEO Gravity has been a wonderful addition to the MEI family of products,” said Mark Greenawalt, vice president – Gaming and Retail – EMEA. “ECB certification reinforces the level of performance we have seen in the field. GEO Gravity, like all MEI products, is designed with the performance attributes to offer operators a superior value.”
The addition of GEO Gravity, which was introduced to the field in 2009 and is now performing well in applications globally, expands MEI’s ability to match the needs of each customer with the right product.
“Each passing day seemingly increases our confidence in GEO Gravity’s ability to serve a market need,” added Mr. Greenawalt. “The product has proven worthy of the MEI brand, providing customers a secure and robust solution.”
About MEI: 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 EASITRAX Soft Count system. Recently, 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 gaming, vending, soft drink, amusement, transportation, retail, and kiosk markets. For more information on MEI and its products, visit www.meigroup.com