Company Filing History:
Years Active: 1976
Title: The Innovative Mind of Donald E. Schmitt
Introduction
Donald E. Schmitt is a notable inventor based in Rockford, IL (US). He has made significant contributions to the field of coin dispensing technology. His innovative approach has led to the development of a unique patent that enhances the efficiency of coin changers.
Latest Patents
One of Schmitt's most recognized inventions is the "Coin changer with dual-slide payout mechanism." This patent features two reciprocating slides that are biased toward payout positions. These slides are designed to discharge coins from separate storage tubes when moved to the payout positions. The mechanism allows for either one or both slides to release coins simultaneously during a payout cycle, providing flexibility and efficiency in coin dispensing.
Career Highlights
Donald E. Schmitt has dedicated his career to advancing technology in the coin handling industry. He is currently associated with Reed Industries, Inc., where he continues to innovate and improve coin changer designs. His work has been instrumental in enhancing the functionality and reliability of coin dispensing machines.
Conclusion
Donald E. Schmitt's contributions to the field of coin dispensing technology exemplify his innovative spirit and dedication to improving everyday devices. His patent for the dual-slide payout mechanism showcases his ability to solve practical problems through inventive solutions.