This inventor holds 4 USPTO granted patents. Top assignee: Rowe International Corporation. Active years: 1976-1985.
Company Filing History:
Years Active: 1976-1985
Title: Innovations by Larry E Steiner in Bill and Coin Changer Technology
Introduction
Larry E Steiner is an accomplished inventor based in Grand Rapids, MI (US). He holds a total of four patents, showcasing his expertise in the field of automated payment systems. His innovative contributions have significantly advanced the technology used in bill and coin changers.
Latest Patents
One of Larry E Steiner's latest patents is a control circuit for a bill and coin changer. This invention employs a programmed microcomputer to manage the bill-validating and coin-dispensing procedures. It also includes a fault detection system for the sensors and electromechanical components of the changer. During the bill validation process, a bill is moved at a predetermined speed past multiple sensors. Rejection signals are generated if a sensor is actuated for an incorrect duration or produces an unexpected output. If a bill is rejected, it is returned to the customer, and a diagnostic hexadecimal rejection code is displayed. The system is designed to extricate jammed objects by alternating the transport's movement direction upon sensing a jam. When idle, the control circuit checks the sensors to ensure they are not erroneously actuated. If a fault is detected, the system inhibits further acceptance of bills or coins and displays a diagnostic fault code. Normal operation resumes if the fault is not related to an electromechanical component.
Career Highlights
Larry E Steiner is associated with Rowe International Corporation, where he has contributed to the development of advanced payment systems. His work has been instrumental in enhancing the reliability and efficiency of bill and coin changers.
Conclusion
Larry E Steiner's innovations in bill and coin changer technology demonstrate his significant impact on the industry. His patents reflect a commitment to improving automated payment systems, ensuring they are more reliable and user-friendly.