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CashCode News Releases 2008
bulletCrane Co. donates $10,000 to Chinese Earthquake Relief Fund
bulletCashCode strengthens North American Gaming team
bulletCashCode Announces $5 USD Software Update


Crane Co. donates $10,000 to Chinese Earthquake Relief Fund
   CRANE CO公司为中国地震救灾工作捐赠$10,000美元

CashCode’s parent company, Crane Co., through the Crane Fund for Widows and Children and on behalf of all of our employees, has made a generous donation of $10,000 to the American Red Cross National Headquarters earmarked for the Chinese Earthquake Relief Effort. The American Red Cross mobilized immediately following the devastating 7.9 magnitude earthquake in China’s Sichuan province on May 12th. This contribution will assist the Red Cross Society of China, whose employees and volunteers have been helping survivors since the earthquake struck.

If you'd like to make an additional donation, you can help those affected by countless crises around the world each year by making a financial gift to the American Red Cross International Response Fund, which will provide immediate relief and long-term support through supplies, technical assistance and other support to help those in need. Call 1-800-RED CROSS. Contributions to the International Response Fund may be sent to your local American Red Cross chapter or to the American Red Cross International Response Fund, P.O. Box 37243, Washington, DC 20013. Internet users can make a secure online contribution by visiting www.redcross.org. The American Red Cross honors donor intent. If you wish to designate your donation to a specific disaster please do so at the time of your donation

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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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