SUZOHAPP cooperates on new € 20 banknote with ECB

On 23 July 2015, a Memorandum of Understanding (MoU) on the adaptation of banknotehandling, vending and ticketing machines and authentication devices to the new €20banknote was signed by the European Central Bank (ECB) and its Partners, such asEuropean industry associations and the most relevant banknote equipment manufacturers.

Mr. Colombo Fasano, CEO & Group Managing Director of SCAN COIN, a leading supplier ofcash management advanced technologies, software and services acquired last March bySUZOHAPP, was directly involved in signing the MoU on behalf of the Group.The MoU aims to ensure banknote handling equipment across the euro area is ready toaccept the new €20 banknote by 25 November 2015, the day the new note enters intocirculation.

Yves Mersch, member of the ECB’s Executive Board said: “The ECB, the national centralbanks and our industry partners all have their own role to play in preparing for theintroduction of the new banknotes. The MoU that we signed together today underlines ourshared commitment and responsibility to ensure that citizens across the euro area can usetheir new €20 banknotes smoothly everywhere as of 25 November.”

SUZOHAPP, together with its acquired companies SCAN COIN and COMESTERO, commits toproviding its customers with the necessary software and hardware updates, so giving themsufficient time to upgrade their machines and devices.SUZOHAPP’s wide product range, from banknote counters and sorters to counterfeitdetectors, from change machines and carwash starter systems to cash points for self-servicelaundries, have been tested just as the previously issued €5 and €10 banknotes of theEuropa series.

“It is essential to be ready for this event, even more so when taking into account that the€20 banknote is one of the most used of the euro banknote denominations. So werecommend to all operators to update their banknote handling machines and devices to beable to accept the new €20 banknote by 25 November 2015” stated Mr. Marcel Oelen,SUZOHAPP EMEA Managing Director.

On 24 February 2015, ECB President presented the new €20 note, part of the Europa series,which further improves the resistance and the integrity of euro banknotes with addedsecurity to keep ahead of potential counterfeiters. On 25 November 2015, the new €20 notewill be launched.

The Memorandum of Understanding (MoU) can be downloaded here:http://www.new-euro-banknotes.eu/press/partners/MoU.pdf

About SUZOHAPP:

SUZOHAPP provides highly engineered component solutions for interactive self-servicehardware to the global amusement, gaming, industrial, transportation and vending marketsby serving both equipment operators and original equipment manufacturers. SUZOHAPP’ssolutions include control devices and systems, currency handling equipment, displaysolutions, environmental products, machine operation components and payment systems.With approximately 1,100 global employees in 19 countries serving more than 25,000customers worldwide, SUZOHAPP has manufacturing, engineering, distribution and servicefacilities in 19 countries globally. More information is available at www.suzohapp.comSUZOHAPP is owned by affiliates of ACON Investments, L.L.C., a Washington, D.C.-basedprivate equity investment firm that has managed over $3.5 billion of capital.