CashCode strengthens North American Gaming team
Toronto, ON, Canada, March 17, 2008 - CashCode, part of the Crane Payment Solutions group of companies - the manufacturer of bill validators and currency handling devices for countries worldwide, today announced the appointment of Mr. Jim Gabriele, as Director of Business Development, North America Gaming.
Mr. Gabriele has extensive experience in the gaming arena. Prior to joining Crane / CashCode, Jim worked for TransAct Technologies where he was responsible for managing and growing TransAct's gaming printer sales in the Eastern United States.
“Jim’s reputation for building strong relationships with casino properties and slot machine manufacturers is well recognized. I am confident that his 15+ years of experience and enthusiasm will make him very successful in the role and we look forward to his contribution as we continue to expand our North American gaming business." said Mr. Sim Bielak – VP Global Gaming.
Prior to joining TransAct, Jim was with Mars Electronics International where he acted as the Director of Gaming, North America. During his career at MEI, Jim was instrumental in growing the gaming business segment.
“CashCode has been very successful in the international markets and I am excited to join the team as they increase their presence in the North American market. They have built a reputation of providing high-security, reliable products with progressive technology. I have personally spent my career providing payment solutions to the manufacturers and operators to help them improve their businesses and I see this trend accelerating in my new assignment with Crane / CashCode.” said Mr. Gabriele.
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CashCode Announces $5 USD Software Update
In anticipation of the introduction of the new U.S. $5 bill, which is scheduled to be put into circulation in March 2008, Crane Payment Solutions is pleased to announce software updates for all currently manufactured CashCode Bill Validators.
The new U.S. $5 bill will be significantly different from the existing U.S. $5 bill in terms of material composition, chromatic pattern and magnetic properties. Crane Payment Solutions is working with the U.S. Bureau of Engraving and Printing and will be providing a firmware update for the CashCode products that will enable it to reliably validate the new U.S. $5 bill and reject counterfeits. All new shipments in the beginning of the New Year will contain this firmware upgrade.
Current products already in the field will be upgradeable with CashCode’s BlueChip smart memory stick.
Should you have any questions please contact your Crane Payment Solutions or CashCode representative, at 1-800-584-2633.
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