Location History:
- Seven Hills, OH (US) (1976 - 1982)
- Kirtland Hills, OH (US) (1999)
Company Filing History:
Years Active: 1976-1999
Title: Frank A Novak: Innovator in Currency Validation and Security Systems
Introduction
Frank A Novak is a notable inventor based in Seven Hills, Ohio, with a significant contribution to the field of currency validation and security systems. He holds four patents that showcase his innovative approach to enhancing security in financial transactions. His work has been instrumental in developing technologies that ensure the integrity and reliability of currency handling.
Latest Patents
One of Novak's latest patents is the "Note Acceptor Security System." This invention includes a currency validator secured to a housing and a note stacker that is removably received by the housing. The currency validator features an identification chip with a fixed serial number and a microprocessor that controls its operation while maintaining operational data. The stacker is equipped with a memory chip that communicates with the microprocessor, allowing for efficient data transfer to a personal computer once the stacker is full.
Another significant patent is the "Logarithmic Primary Testing System for Security Validation." This apparatus is designed to test the validity of a paper purported to be a valid instrument. It utilizes a tray to maintain the paper in a sliding relationship between a light source and a reticle. A photocell senses light passing through the paper, and the output is processed to determine the paper's validity based on its optical density.
Career Highlights
Frank A Novak has made substantial contributions to Ardac, Incorporated, where he applies his expertise in developing advanced security systems. His innovative designs have not only improved the efficiency of currency validation but have also enhanced the security measures in place for financial transactions.
Collaborations
Throughout his career, Novak has collaborated with notable colleagues, including Claude Abraham and Earl O Schweitzer. These partnerships have fostered a creative environment that has led to the development of groundbreaking technologies in the field of security systems.
Conclusion
Frank A Novak's contributions to currency validation and security systems reflect his dedication to innovation and excellence. His patents demonstrate a commitment to enhancing the security of financial transactions, making him a significant figure in the field of invention.