Komori Currency NV32 wins Excellence in Currency Technical Award 2018

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Komori
Komori

Komori Corporation announced that the Komori Currency NV32 Combination Multiprocess Numbering and Varnishing Press for banknote printing has been awarded the 2018 Excellence in Currency Technical Award for the best new currency feature or product by the International Association of Currency Affairs (IACA). The Komori Currency NV32 Combination Multiprocess Numbering and Varnishing Press for banknote printing has been awarded the 2018 Excellence in Currency Technical Award by IACA.

Inaugurated in 2014, the IACA Excellence in Currency Technical Award is a prestigious prize given to the technical development that is predicted to have a major influence on the banknote printing industry. In 2018, five finalists were selected from 24 nominees. Although the finalists included anticounterfeiting technologies developed by state and private printworks, Komori received the award as possessing the most outstanding technology of the five final entries.

Takeo Uehara, general manager of the Security Press Sales Group, stated: “We are honored to receive the distinguished Excellence in Currency Award for outstanding technology in the banknote printing industry. The Currency NV32 incorporates Modular Equipment Design (MED), a Komori original concept and it strengthens the banknote design capability of our customers at a high level. In the future, Komori will expand the possibilities of banknote printing and reinvent the banknote printing processes through the lineup of these products.”

The Currency NV32 is a revolutionary banknote printing system offering two significant advantages: maximizing uptime and strengthening banknote design capability. With a maximum printing speed of 12,000 sph and the PQA-N Print Quality Assessment System for Numbering, the press performs number printing, the final process in banknote printing, with stable print quality at high speed. Moreover, it is capable of applying special varnishes on both front and back sides, contributing to improved banknote durability. The Currency NV32, based on the MED concept, is capable, for example, of adding units that apply two different varnishes on the front and back sides and performing number printing on both sides, thus enlarging banknote design capabilities without limit. In addition, each printing unit is equipped with an independent drive motor and clutch, enabling simultaneous parallel job changeover operation, thus achieving make-ready time shortened by more than 50% compared to a conventional system. For number printing, UV curing can be selected, enabling smooth transfer of banknotes to the next process and making the banknote printing process exceptionally efficient.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

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