This inventor holds 5 USPTO granted patents and 1 EPO patent. Top assignee: Telequip Corporation. Active years: 1998-2013.
Company Filing History:
Years Active: 1998-2013
Title: The Innovative Contributions of Paul O Stump
Introduction
Paul O Stump is a notable inventor based in Topsfield, MA (US). He has made significant contributions to the field of coin handling systems, holding a total of 5 patents. His work has focused on enhancing the efficiency and functionality of coin dispensers and sorting mechanisms.
Latest Patents
One of his latest patents is a modular bulk coin dispenser with hopper removal from drive and control mechanism. This invention allows a bulk coin dispenser bin to hold nonaligned coin inventory even when removed from a base containing drive mechanisms and control electronics. A rotor assembly at the bin outlet retains coin inventory during separation, with a rotating disk dispensing coins through a discharge slot in a controlled manner. The optional adjustment of the rotor assembly's angular positioning changes the coin size or denomination dispensed by the bin. The uniqueness required to dispense coins of a given size or denomination is embodied in the bin, allowing any base to operate with the bin without adjustment other than updating the bin denomination in the dispensing system controller. Additionally, bin memory and optical level sensing improve inventory management functionality.
Another significant patent is a coin handling system for validation, sorting, and dispensing coins. This system employs a front-end coin acceptor and validator that feeds a sorter mechanism. The sorter mechanism utilizes a substantially horizontal track module to load coins by denomination into an arrangement of bins. Coins are ejected by means of a solenoid onto the track module, which provides a path according to the denomination of the coin into the proper bin.
Career Highlights
Throughout his career, Paul O Stump has worked with various companies, including Telequip Corporation and Mei, Inc. His experience in these organizations has contributed to his expertise in coin handling technologies.
Collaborations
Paul has collaborated with notable individuals in his field, including Michael F Jones and Victor A Quattrini. These collaborations have likely enriched his work and led to innovative advancements in coin handling systems.
Conclusion
Paul O Stump's contributions to the field of coin handling systems are noteworthy. His innovative patents and collaborations reflect his commitment to improving the efficiency and functionality of coin dispensers and sorting mechanisms. His work continues to influence the industry and enhance coin management solutions.