13/10/2025
ITL - Pacificnet - ATM Kiosk Gaming Machine Cooperation MOU - Innovative Technology Announces Distribution Agreement with Pacificnet for Hong Kong and Macau. China, June 10, 2010. Hong Kong Blockchain Association HKBA HKBA.cc
Innovative Technology Ltd (ITL , Innovative-Technology.com ) a leading manufacturer of bank note validators and bill acceptors for the gaming, amusement and transportation industry, has signed a distribution agreement with Pacificnet Ltd for all ITL's bank note validator products in Macau and Hong Kong. ITL, based in Oldham, UK, is a leading provider of bank note validators, and has offices in UK, Germany, Spain, Colombia, Brazil, USA and China. Pacificnet and ITL exhibited their products together. A further celebration of the partnership will take place shortly with industry leaders from the hospitality and gaming industry to demonstrate the latest bill validator products and third-party applications.
ITL has been supplying the NV200 bill acceptors to gaming technology provider Pacificnet Ltd in Asia for over 18 months. ITL’s NV200, a high volume, high security bank validator designed for gaming applications has been well received by Pacificnet and it’s clients. To expand mutual cooperation and leverage cross-selling opportunities, ITL and Pacificnet have agreed to become partners in sales, distribution and technical support in Hong Kong and Macau.
Marcus Tiedt, Sales Director at ITL said "We are delighted to form this distribution partnership with Pacificnet as we highly respect Pacificnet's broad technology background and strong distribution channels in Asia's gaming and hospitality markets. Innovative Technology is pleased to work with PacificNet to distribute our banknote validator products. This partnership with Pacificnet will greatly enhance ITL's efforts to expand distribution of its products in Asia, the fastest growing market in the world."
Innovative Technology Ltd received impressive feedback from its latest bill validator, the NV200, at ICE and G2E Asia. The NV200 is available for sale with excellent price performance. The NV200 accepts and stacks notes in just 3 seconds, weighing only 3.0kg. Within these 3 seconds an 85mm bezel allows notes to be accepted as skewed insertions and it accepts industry standard barcode tickets. The unit has a triple lock capability in the form of a lockable validator head and a dual lock cashbox, this security is vital when the cashbox can hold between 500 and 1000 street grade notes. The NV200 has a modular interface allowing flexible connectivity and an easy access MMC card interface for fast programming and statistical data collection. In addition it has simple and advanced programming tools via a PC or handheld unit, a USB on board and possesses both optical and mechanical anti-strimming devices. Another option provided is a customer defined multi-coloured backlit bezel which can be created using any variation of the three primary colours. Multiple currency validation is also available and a full listing of datasets can be found on our website. The continued successful use of SPF technology and a seamless note path result in quick transactions with a high acceptance rate of typically 99.8%.
To show its commitment to the fast growing Asian market, ITL last year moved its main manufacturing to Shenzhen, China, for the NV9USB, NV10USB and NV200 for Europe and Asia.
https://www.innovative-technology.com/
https://www.innovative-technology.com/us/news-events/news/item/83-innovative-technology-announces-distribution-agreement-with-pacificnet-for-hong-kong-and-macau-at-g2e-asia
ITL NV200 Spectral - a highly secure and technologically advanced banknote validator designed to ensure efficient cash processing with outstanding stained note detection.
It is the foundation for several new products in the Spectral range and using its modular design it allows customers to easily add additional functionality such as note recycling or bunch note feeding: https://bit.ly/3bTqTAQ
