FireKing Awarded Patent for Centralized Electronic Safe and Accounting System
Released: 1-22-07
FireKing, one of the premier security products companies in the nation, recently
announced that on June 20, 2006, the company was awarded a patent (U.S. Patent
# 7,063,252) for its “Centralized Electronic Safe and Accounting Control
System.” The patent relates to the system and method for cost-effective
and secure cash handling for merchants. The system allows retailers to place
electronic safes at cash registers throughout the store with the safes networked
together as one system, vastly simplifying the accounting process and adding
efficiency to the cash handling process.
The now patented Centralized Electronic Safe and Accounting Control System
provides users unprecedented efficiency, convenience, automation, and control
for merchants to collect, process and verify cash, and can be used in a stand-alone
operation, or as a central control-and-reporting unit for a digitally linked
network of interconnected safes and currency counting and validating machines.
In addition, the setup enables the automation of the cash reconciliation process
with the POS system and allows for remote administration and updating of the
system from a centralized, remote location.
The basic Centralized Electronic Safe and Accounting Control System consists
of an electronic lock and money control system that is capable of operating
in a single unit stand-alone function, as well as expandability to a network
of multiple units having one of the units operate as a centralized network
controller. The network includes at least one safe provided with a control
system arranged to communicate with a data input device, electronic display,
connector interface and electronic lock mechanism located on the safe. This
is important for merchants who collect process and recycle large amounts of
cash on a regular basis - this innovation enables them to cost effectively
integrate additional system units as well as provide more efficient and secure
system management and accounting operations.
According to Scott Meeker, FireKing Security Group Senior V.P., “The award
of this patent for the Centralized Electronic Safe and Accounting Control System
will both confirm FireKing’s innovative approach to cash handling, and
bolster our position as an industry leader.”
About FireKing
Security Group
FireKing Security Group manufactures a broad array of security products
with best-in-class service and support for businesses around the world. The products
and services we offer focus solely on protecting customers’ assets, people,
and vital information. FireKing Security Group’s brands include FireKing
fireproof files and safes; Adesco, EXL, McGunn, Meilink, and Gary home, office,
and commercial safes; NKL and PerfectCash cash-handling and cash-validating products;
and Image Vault digital video security solutions. The New Albany, Indiana-based
company is privately held. Additional information about FireKing is available
at www.fireking.com.
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