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CashCode News Releases 2007

Crane Co. acquires CashCode Co Inc.

CashCode’s head office and main manufacturing operation is located in Concord, Ontario, Canada. Founded in 1991, CashCode employs approximately 350 people worldwide serving the global marketplace. Crane recognized CashCode as its perfect partner with a 15-year track record of stability, profitability and tremendous growth.

CashCode will be working closely with National Rejectors, Inc. GmbH (NRI), a Crane Co Company, to jointly offer an enhanced range of innovative, reliable currency systems to the market. Both companies are already key suppliers to the global gaming market and this acquisition will enable even greater product innovation and global support.

“Crane Merchandising Systems is very excited about the acquisition of CashCode. The combination of NRI and CashCode enables us to broaden our product appeal to our gaming customers, offering high quality coin, bill, & cashless solutions. With their mutual reputation for validation accuracy, innovation and reliability combined with the resources of Crane Co. we look forward to enhancing the product range offered to our customers in the gaming industry. With the acquisition we are truly Engineering the future of currency validation.” Said Mr. Brad L. Ellis, President.

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RoHS Compliance Update

CashCode understands the environmental impact of this directive and has been working diligently to meet the RoHS compliance before the July 1st deadline to ensure that our products and components will comply.

In order to identify the RoHS compliant products from the earlier non-RoHS compliant products, CashCode will implement a new part numbering system.

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North America Brokerage Fee Amendement

As you are aware, the exporting of Crane CashCode goods from Canada requires us to supply complete and proper documentation for goods entering into the USA. In addition, for all shipments valued at US $200 and greater, we must pay for the services of a Customs Broker if the shipping company does not already include this service. For the past several years, CashCode has been able to minimize the financial impact by:

• Keeping the same fee of US $25 despite the currency exchange rate deviations,
• Looking for alternate shipping methods which would allow us to avoid these charges (FEDEX is the only shipping company performing as its own Customs Broker and, thus, the brokerage fee is included into the total freight charge),
• Offering our Customers to ship “Collect” so that you are able to control these expenses from your side.

Recently, the Crane CashCode appointed Customs Broker has increased their service charge. As a result we have had to increase the payable fee by $10 to US $35. Please be advised that all shipments from Crane CashCode of US $200 and greater with prepaid freight charge from Canada addressed to any location in the United State of America and shipped by any courier other than FEDEX will be charged US $35 brokerage fee for the Customs Clearance provided by the Crane CashCode appointed Customs Broker – Trillium Customs Brokers Inc.

If this increase causes any changes in your shipping policy, please notify Crane CashCode your Account Manager immediately and/or and the Customer Service Department via fax (Fax # +1 905 417 2021) or e-mail (E-mail address: Este endereço de e-mail está sendo protegido de spam, você precisa de Javascript habilitado para vê-lo ). Otherwise any order entered by our Customer Service team from July 10 and onwards will contain additional charge of US $35.00 for the Brokerage Fee.

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Appointment: South Africa Gaming Director

Concord, Ontario, Canada. November 1, 2006 - CashCode A Crane Co. Company, the manufacturer of high-security bill validators, is pleased to welcome Markus Prader, Director of Business Development, South Africa Gaming. The addition of another member to our Global Gaming team demonstrates our commitment to the SA marketplace. Markus has over 12 years of management experience in casino operations in Russia and South Africa. Having been on the operator’s side of the industry, Markus will be able to relate to the needs of the operators and will be able to work closely with OEM’s to ensure the end-user-customer benefits from the CashCode product. “CashCode is investing in the South African market, and is focused on being an important player in the further development of the South African gaming industry, together with operators and suppliers.” Said Mr. Sim Bielak, VP Sales & Marketing. “Although I have extensive gaming experience from Las Vegas and Russia, I am a South African, and will be returning to a market that I am very familiar with. A market in which I can use my local and international experience to help establish CashCode in the South African market, and to ensure that CashCode’s internationally unsurpassed reputation in the industry is replicated.“ said Mr. Prader.

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Appointment: Australia Gaming Director

Concord, Ontario, Canada. November 1, 2006 - CashCode A Crane Co. Company, the manufacturer of high-security bill validators today announced the hiring of John Dorahy as their Director of business development, Australia Gaming. This addition further emphasizes the company’s strong commitment to continued growth in the International casino and gaming markets. John brings a wealth of experience to his new role including positions at Aruze, Aristrocrat, Shuffle Master/Stargames, and most recently at IGT where he headed up their hotels sales division in NSW. “I am looking forward to increasing the awareness of the CashCode product in Australia and especially in the NSW market where I hope to build on my excellent contacts with Manufacturers and Clients for business opportunities.” Said Mr. Dorahy. “We are delighted to have someone with the vast experience and relationships that John brings to the team.” Said Mr. Sim Bielak, VP Sales & Marketing.

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Updates for new Canadian $5 now available

Concord, Ontario, Canada. November 15, 2006 – CashCode, a division of Crane Merchandising Systems, a world leader in banknote validation technology, has incorporated new software upgrades to accommodate the new Canadian $5 notes. The new $5 note will be launched by the Bank of Canada and officially put into circulation effective November 15, 2006. The new $5 note incorporates state-of-the-art security features designed to combat counterfeiting and increased acceptance.

To protect the $5 bank note against counterfeiting, there are four new security features first introduced in other denominations: a metallic holographic stripe, a watermarked portrait, a windowed colour-shifting thread, and a see-through number. The note also incorporates enhanced versions of security features with which Canadians are already familiar, such as raised ink (intaglio), fine-line printing, and improved fluorescence under ultraviolet lighting.

More information about these security features are available at the Bank of Canada website: http://www.bankofcanada.ca/en/banknotes/index.html
CashCode manufactures banknote validators for the gaming, vending/bottling, transportation, petroleum, retail, kiosk, and amusement industries.

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For further information on software upgrades, please contact CashCode Technical Support at ext. 2707

For orders and pricing, please contact your CashCode Sales Representative or customer support at ext. 2707