Source: Crane Payment Innovations | Released Apr. 8, 2014
MEI EASITRAX Core and Crane Streamware VendMAX to combine as one
Malvern, Pennsylvania, April 8, 2014 -- Crane Merchandising Systems and Crane Payment Innovations (CPI) announced their strategy for Vending Management Systems (VMS). The two organizations will work together to deliver a VMS platform that will encompass the best of both current solutions. This integrated solution will be the platform for VMS innovation going forward -- continuing a strong legacy of helping their customers grow sales and increase profitability.
MEI EASITRAX Core and Crane Streamware's VendMAX are the industry-leading vending management ERP (Enterprise Resource Planning) software solutions with nearly one million vending machines under management combined. Independently, the two solutions have very similar capabilities, but each has unique strengths.
Utilizing VendMAX as the base platform for new development, CPI and Crane Merchandising Systems have already begun work to roll the strengths of the EASITRAX Core platform into VendMAX.
"While it will take time to develop all of the targeted EASITRAX Core capabilities into VendMAX, EASITRAX Core customers can take advantage of VendMAX's strengths -- including Dynamic Scheduling, Remote DEX, Micro-Market Integration and Cashless Reconciliation - whenever they are ready," said Brendan Kehoe, Vice President and General Manager of Streamware.
All existing EASITRAX customers wishing to migrate to the VendMAX platform will have the option to transition with the license fee waived. Crane Merchandising Systems and CPI will work with each customer individually to develop and implement the right transition program for their business. Additionally, specially designed tools and templates will be developed to streamline and simplify the conversion process for EASITRAX customers.
While there are benefits to be had today by moving to VendMAX, CPI will maintain support for the EASITRAX Core product in the market for a minimum of 5 years.
"We are excited about the prospects of integrating these two great products. Together we will have the largest and deepest solution set available in the industry" said Brad Tedder, Vice President and General Manager for Intelligent Vending of CPI. "We are committed to work with all our customers to identify the right solution set based upon their business needs and strategies."
Operators who are attending the 2014 NAMA OneShow are encouraged to visit the CPI (#513) and Crane Merchandising Systems (#601) booths for more education on the future for these two vending management solutions. Those not in attendance, may contact their VMS sales representative for information on their specific needs and requirements.
About CPI: Crane Payment Innovations (CPI) is part of Crane Co., a diversified manufacturer of highly engineered industrial products (NYSE:CR). 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 centres worldwide. The company holds one of the world's largest installed bases of unattended payment systems. For more information, visit www.CranePI.com.
About CMS: Crane Merchandising Systems, a segment of Crane Co. (NYSE: CR), designs and manufactures a diverse, yet integrated portfolio of automatic merchandising equipment across multiple verticals, including hot and cold beverage, snack, and food. It also offers other vending solutions including cashless processing, payment devices, vending management software and wireless communication technology. Its legacy of brands (Automatic Products®, Dixie Narco®, GPL®, National Vendors™, Stentorfield™ and Streamware®) enables Crane to provide customers a complete, cross-platform solution while maintaining innovation and a commitment to quality and service. Visit www.cranems.com for more information.
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