Company Filing History:
Years Active: 1999-2000
Title: The Innovative Mind of Doug Martin
Introduction
Doug Martin, an esteemed inventor located in Woodinville, WA, has made significant contributions to the field of coin handling technologies. With two patents to his name, Martin’s innovative designs reflect a deep understanding of the requirements and intricacies of modern coin handling systems.
Latest Patents
Doug Martin's latest patents include the "Coin Bin with Locking Lid" and "Coin Discrimination Apparatus and Method." The Coin Bin with Locking Lid is ingeniously designed for use in a coin handling device. It features a cover that can move between open and closed positions and is activated by a key mounted within the device. This innovation ensures that when the bin is inserted, the cover automatically unlocks and opens; conversely, when withdrawn, it automatically closes and locks, enhancing security during coin handling.
The Coin Discrimination Apparatus and Method patent details a method wherein coins, preferably cleaned via a trommel, are singulated using a coin pickup assembly that minimizes jamming. A specialized coin rail facilitates coin separation as they pass a sensor that generates an oscillating electromagnetic field. This field, composed of multiple frequency components, interacts with the coins, allowing for classification based on physical properties. The effective design of the sensor, including its curved core, allows for simultaneous data acquisition regarding size and conductivity of coins, ensuring that only acceptable coins are diverted accurately.
Career Highlights
Doug Martin is associated with Coinstar, Inc., a company recognized for its innovative solutions in the coin recycling industry. His work there has not only improved the efficiency of coin handling but also contributed to ensuring reliability and security in financial transactions.
Collaborations
Throughout his career, Doug has collaborated with notable coworkers such as Larry D Cannon and Mark Louis Waechter. This collaboration fosters an environment where creativity and technical skill converge, leading to groundbreaking innovations in coin handling technologies.
Conclusion
Doug Martin's contributions to the field of coin handling illustrate the impact of innovative thinking in technology. His patents not only enhance the functionality of coin processing systems but also set new standards for security and efficiency in financial operations. As a key player at Coinstar, Inc., his work exemplifies the importance of innovation in everyday financial transactions.