Komori Currency NV32 wins Excellence in Currency Technical Award 2018

Komori awarded for the best new currency feature

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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.

In 2024, we are looking at full recovery and growth-led investment in Indian printing

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India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

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