Company News • 14.03.2023

Huge success at EuroShop 2023 for ITL’s cash handling and biometrics solutions

Innovative Technology Ltd (ITL) reported a successful show at EuroShop 2023 which took place last week in Düsseldorf, Germany.

The cash handling and biometrics solutions provider showcased some exciting new innovations set to transform the retail technology industry.

Commenting post show, Thorsten Labusch, VP of Sales & Business Development for ITL said, “This was one of the busiest and most productive EuroShop exhibitions for some time and it was fantastic to see visitor numbers back to levels seen pre covid times. The booth this year was split in our two divisions with our cash handling and biometrics solutions having equal presence. Not only was our booth packed with visitors demoing our latest products over the five day show, we were also delighted to see so many of our products on other exhibitor booths too within their machines.”

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Logo: Innovative Technology Ltd.

Innovative Technology Ltd.

Innovative Business Park
OL1 4EQ Oldham
UK
Logo and a Thank You for Visiting in Red of Innovative Technology Ltd (ITL)...
Source: Innovative Technology Ltd (ITL)

Christian Czeskleba, Senior Business Manager for ITL’s biometrics range commented, “A significant proportion of the ITL booth showcased our biometric solutions offering age estimation, targeted advertisements, consumer demographics analysis and secure access control. ICU Lite was the standout product with many retailers interested in installing this compact device directly into self-checkout terminals or kiosks to perform age accurate age estimation to prevent the sale of age-restricted goods to those underage. This clever device can also be utilised for targeted advertisements personalising content for particular cohorts as well as for consumer demographic data analysis. Both functions appear to be attracting huge interest in the retail sector as an effective marketing technique driven by AI technology. MyCheckr also attracted much interest for manned checkout operations. This stand-alone device gives an extra level of assurance for till operators checking age ID, as well as doubling up as a digital signage screen to display targeted adverts and collecting valuable, yet anonymous customer intelligence for the retailer.” 

Thorsten continued, “On the cash side, the new NV4000 was the key focal point. We designed this high performance, large volume mixed note recycler specifically for the retailer to accelerate customer throughput and EuroShop visitors were particularly impressed with its large capacity, speed and automated float management. Our other note recycling solutions, such as the Spectral Payout, were also popular on the booth.” 

Concluding Thorsten said, “Thank you to everyone who took the time to come and visit the ITL booth. The international sales team are busy following up with all the customers we spoke to at the show and we look forward to many successes stories as a result.”

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Innovative Technology Ltd.
Innovative Technology Ltd.
Innovative Business Park
OL1 4EQ Oldham