West Chester, PA, August 23, 2012 — MEI is proud to return to G2E this year with Gaming’s most comprehensive cash management solution – the combination of SC Advance and EASITRAX Soft Count. By networking the slot floor to the soft count room, these award-winning products raise the bar for value and performance expectations while maximizing operator profitability.
SC Advance evolved from the winning CASHFLOW SC note acceptor, applying new technology and market knowledge to make a great product even better. It features enhanced recognition technology, faster bill-to-bill speed, improved barcode recognition and the increased capacity to accept up to 100 different currencies and denominations. SC Advance also has the industry’s best acceptance rate for valid street-grade notes, including those that are wet, crinkled or torn.
The increasing popularity of MEI products like SC Advance reflects the importance operators place on value-added payments systems. As the leading global manufacturer of automated payments systems, MEI has sold more than five million note acceptors and six million coin mechanisms worldwide, achieving a 70% ship share for three consecutive years in the US. Recent property wins include Revel Atlantic City, the Hippodrome Casino in London, and multiple sites in the Asia-Pacific region – LVS blocks 5 and 6 in Macau, both Singapore properties, and Bloomsbury in Manila. MEI has also enjoyed success in the VLT market, earning a ship share of 100% in the Alberta Lottery, over 60% in the Atlantic Lottery, nearly 80% in Illinois, and an increasing presence in Manitoba.
Because enhancements are localized to the acceptor head, SC Advance can easily upgrade legacy CASHFLOW SC units so MEI customers can yield the most value from their previous investments. Thanks to its ability to work simultaneously with an existing CASHFLOW SC field base, operators have the luxury of updating the slot floor at their own pace as capital becomes available. Intelligent support tools will sense the product version and run the appropriate software.
More MEI customers are now also implementing EASITRAX Soft Count, a product extension that expands the reach of note acceptors from the slot floor into the soft count room. The addition of EASITRAX to SC Advance or CASHFLOW SC creates a comprehensive software/hardware system designed to streamline the cash management process. Since it was introduced in 2008, EASITRAX Soft Count has been installed in nearly 80,000 games worldwide, a number projected to surpass 85,000 by the end of 2012.
EASITRAX Soft Count works by gathering data from multiple note acceptors and funneling that information into a secure remote database that can be accessed to track revenues and analyze slot performance. RFID technology connects slot machine asset numbers to a specific cashbox to help eliminate “hot boxes” and increase operational efficiencies. Operators typically receive a return on investment in less than one year by reducing 20-30 seconds per cash drop and improving maintenance practices through access to eight pre-programmed reports. An interactive Savings Calculator on the new EASITRAX website (easitraxsoftcount.com) provides a valuable tool to estimate how much money can be saved by implementing the Soft Count cash management solution.
MEI systems are relied upon for more than two billion transactions per week in over 100 countries. The company developed the first electronic coin mechanism in the 1960s followed by the first electronic non-contact bill acceptor, and more recently the EASITRAX Soft Count slot tracking system. MEI has the largest worldwide installed base of unattended payment mechanisms. Recently, MEI reached a milestone of selling more than five million bill acceptors and six million coin mechanisms worldwide. Its products are in widespread use in the gaming, vending, soft drink, amusement, transportation, retail, and kiosk markets. For more information on MEI and its products, visit www.meigroup.com
or call 1-800-345-8215 in US (please refer to our website for international telephone numbers).