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New MEI-Enhanced Intelli-Safes™ Reduce Cash Shrinkage Up to 50%

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MEI announces that its CASHFLOW® SC Series note acceptor has been integrated into Air Tube Conveyors’ new Intelli-Safe™ point-of-sale safe, which was recently launched in the U.K. market. Currently deployed in thousands of retail locations, petrol forecourts and fast food restaurants across Australia and New Zealand, Intelli-Safes secure cash in sites that have high volumes of cash transactions.

Intelli-Safes are designed to be used by cashiers at the point of sale immediately following cash transactions, and are usually placed under or behind the counter. After receiving banknotes from customers, cashiers feed them into the safe via the note acceptor, where they are validated and stored securely out of reach of employees and potential thieves. Intelli-Safes have been proven to reduce cash shrinkage by up to 50%.

Equipped with MEI cash acceptors, Intelli-Safes achieve a 98% first pass rate and store validated notes within 2.5 seconds. Each Intelli-Safe can hold up to 2,400 notes, receiving them from up to 10 cashiers at a time and running individual reconciliation functionality. Euro versions of the Intelli-Safe are also available.

“The principal of Intelli-Safes is simple – minimize the handling of cash, and you minimize shrinkage,” said Graham Siddle, managing director at Air Tube Conveyors. “The safes remove the temptation of a till full of cash. These units need to be ultra reliable, which is why we opted for the industry’s most reliable brand of note acceptor.”


About MEI’s Full Line of Cash Acceptors for Self-Serve Systems
MEI (Mars Electronics International) offers the industry’s most complete line of note and coin acceptors for the varying needs of retail self-serve applications. MEI SODECO®-BNA56 note acceptors are designed specifically for use in high-volume, high-value applications with dedicated cash-box collection and a revenue center. MEI CASHFLOW® SC Series note acceptors are the world’s most technically advanced cash acceptor for retail applications. MEI Series 2000 note acceptors provide a lower end alternative for retail applications that do not require premium features or a lockable cash box. MEI Combo Acceptors are the industry’s first unit that accepts cash, credit and debit. MEI CASHFLOW 9500 coin acceptors are ideal for kiosks and other unattended retail systems. MEI provides all the technical support that OEMs, professional software developers and systems integrators need to design, integrate, test and deploy their self-serve systems.

About MEI
Today, MEI systems are relied upon for more than 1 billion transactions per week in 90 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 vending management system. Today MEI has the largest worldwide installed base of unattended payment mechanisms. In 2004, MEI reached a milestone of selling more than 3.5 million bill acceptors, 4.5 million coin mechanisms and 1 million control boards 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.meiglobal.com/kiosks or 800-345-8215 x2510.

About Air Tube Conveyors
Air Tube Conveyers Ltd. is a leading global manufacturer of pneumatic conveying systems, specialist retail paging systems, rising security screens and complementary software. Air Tube’s systems meet the needs of customers that require secure conveying of cash, documentation, samples, products or staff in potentially sensitive areas. For more information, visit www.airtubegroup.co.uk/about.html.