Innovative celebrates 20 yrs in Amsterdam


Staff from Oldham-based, bank note validator manufacturer Innovative Technology Ltd (ITL) were in Amsterdam last week celebrating the company’s 20th anniversary.

Staff from ITL’s European offices (the UK, Germany and Spain) met for a celebratory weekend to mark the company’s 20 ‘Years of Innovation’. Marketing Executive, Dayna Patterson from the UK office said “Everyone had a brilliant weekend, sightseeing and socialising. It is not often we can get together with the staff from the German and Spanish offices so it was great to see them, and Amsterdam was pretty central for everyone. It was such a good weekend we’re already thinking of what to do for our 25th anniversary!”

Innovative Technology Ltd (ITL), founded in 1992 by David Bellis MBE, was the first company to manufacture low cost multi-currency validators, when it introduced the NV1 Smiley® to the market – making banknote validators affordable to the AWP market.  The company has grown substantially over the last two decades with worldwide sales & support offices and global customers, and 2012 sees ITL celebrate 20 Years of Innovation.

Thorsten Labusch, Business Development Manager (German office) said “It was great to be able to celebrate the 20th anniversary with everyone. We had an absolutely fantastic weekend and are proud to be part of the ITL family.”

Innovative Technology are already looking to the future and the next 20 years – recruiting innovative staff to expand their development and support teams and entering into new markets. Towards the end of the year ITL will introduce new products to the market which will prove that innovation is still the key part of their business.


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