Alfastreet chooses the SC Advance bill validator once again

Extension of long-term preferred partnership agreement signed with CPI during G2E Las Vegas show

MALVERN, PENNSYLVANIA – November 12, 2018 – Crane Payment Innovations (CPI), a Crane Co. company, announces that Alfastreet, a major manufacturer of multi-player gaming products from Slovenia, has reaffirmed its commitment to the SC Advance bill validator.

Alfastreet’s Chief Executive Officer, Tjasa Luin Peric, and CPI’s President of Gaming, Eric Fisher, both signed to extend a long-term Preferred Partnership Agreement during the G2E Las Vegas exhibition.

The Alfastreet team referred to the excellent product performance and service that CPI offers. “We initially decided to promote the SC Advance as our product of choice as it works exceptionally well,” said Luin Peric. “The first-time acceptance rates over the years have remained constantly exceedingly high, we have had no problems with any fraudulent bills, and maintenance is simple. If we have any questions at all, the CPI team is always there for us. It goes without saying that we will continue to fit the SC Advance as our default bill validator and are happy to confirm the continuation of our long-term partnership.”

Signing the extension of the Preferred Partnership Agreement during the G2E Las Vegas show emphasizes the importance Alfastreet places on having the best bill validator possible for its gaming machines. “We are very proud that Alfastreet has reconfirmed its preference for the SC Advance”, commented CPI’s Eric Fisher. “This agreement ensures that Alfastreet continues to receive all the additional benefits that come from a partnership with CPI, including extended technical training to further empower their own technical team.”

“We are a global company, so the suppliers we work with must be able to address the unique challenges we face. Not only does SC Advance provide optimal performance on all the different currencies we need to handle, but CPI offers the global service necessary to get the most out of our investment. This is absolutely key to us”, concluded Luin Peric.

About CPI

Crane Payment Innovations (CPI) provides a full range of unattended payment solutions for Gaming, Retail, Transportation, Vending and Financial Services applications. CPI is built upon the technological heritage and market expertise of the NRI, CashCode, Telequip, Money Controls and, most recently, MEI and Conlux brands.

CPI works in partnership with valued customers to enhance its portfolio of high-quality payment solutions – from coin and bill processing to cashless systems and asset management software.

CPI is headquartered in Malvern, PA with additional offices, manufacturing facilities, distribution and service centers worldwide. The company holds one of the world’s largest installed bases of unattended payment systems. For more information, visit www.CranePI.com.

Crane Co. is a diversified manufacturer of engineered industrial products. Crane Co. is traded on the New York Stock Exchange (NYSE:CR).