MEI technical support centre

MEI Offers New Trade-In Program to Help Operators Update Bill Validator Technology

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WEST CHESTER, Pa., April 1, 2008 – For operators using non-Flash programmable validators, maximizing sales by accepting the new $5 bill requires time and capital to update a validator’s control board. To simplify this process, MEI is offering U.S. full-line vending and amusement operators the opportunity to trade in their existing bill validators for a credit toward the purchase of the latest MEI Series 2000, Flash-programmable validators already equipped to accept the new bill. The Flash-programmable feature will make future currency updates easier.

From now until May 15, operators replacing non-Flash MEI 2000 series validators qualify for a $40 credit, while trading in other MEI validators and non-MEI validators qualifies them for a $20 credit. They can trade in their validators through their local MEI distributor. For a full list of MEI distributors, visit http://www.meigroup.com.

“This is a great opportunity for operators to update their fleet of older validators,” said Chris Mumford, senior director of sales for MEI Vending channel. “The latest MEI Series 2000 validators automatically accept the new $5 bill and utilize Flash-programmable technology to allow fast, one-step currency updates.”

About MEI

MEI, headquartered in West Chester, Pa., holds the world’s largest installed base of unattended payment systems, handling over two billion transactions per week in more than 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 its credit card capability and vending management solution. 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 vending, soft drink, gaming, amusement, transportation, retail, and kiosk markets. For more information on MEI and its products, visit www.meigroup.com or call 800-345-8215.