Press Release: Spinnaker releases “complex degradation”

Spinnaker releases new cash degradation technology.

“Better degradation technology makes for a stronger deterrent.”

 

Saltash, Cornwall, 4th December 2019

Spinnaker is providing “complex degradation” to two European clients who wanted to increase the deterrent effect of their cash degradation equipment in the face of ongoing attacks. “Complex degradation” is a term coined by Spinnaker to describe a combination of degradation media within a single cash degradation device.

Clients are deploying systems equipped with multiple security dye colours/types or glue and dye to high risk areas in Europe. This complex degradation has been installed in the a2m ATM cash protection cassettes and the iBox, Spinnaker’s cross pavement box.

Spinnaker is also providing “CrimeTag”, our own forensic protection technology to these complex degradation systems.

Bi-colour staining creates a unique and obvious indelible staining pattern that is near impossible to pass on to banks, retailers or members of the public. The security dye is stored in separate containers and released when the system detects an attack. This permits a true ‘bi-colour’ staining pattern on the banknotes. Spinnaker security dyes have been specifically designed to increase the level of detection of stained notes by automatic note acceptors, thereby causing the notes to be rejected by the machine.

Glue, dye and CrimeTag equipped iBoxes are currently being used in high risk areas in the EU. This combination of glue and dye fuses the cash into a vividly coloured block that can transfer unique DNA markers onto the criminals, whilst preventing any attempt to profit from the crime.

Managing Director Tony Westington said “Complex degradation offers real benefits to our clients. It is safe and effective, which makes it even more difficult for criminals to benefit from their crimes.”

Cash stained, or glued by Spinnaker products can still be returned to the issuing bank for repatriation. Complex degradation is compatible with all types of banknote.

 

About Spinnaker

Spinnaker is a world leader in the manufacture of cash protection and asset tracking technology. For over thirty years, we have protected our client’s cash against loss and their people from harm.

Spinnaker solutions protect millions of banknotes every day as they circulate through retailers, ATMs and cash in transit operations in over 45 countries around the world.

To learn more about Spinnaker, please visit www.spinnaker.co.uk.

 

Media Contact

Richard Sokl

Marketing Manager

Spinnaker International Ltd

Saltash Parkway, Saltash

Cornwall, PL12 6LF, UK

+44 1752 850300

richard.sokl@spinnaker.co.uk