Crane Launches New Technology Company: Crane Connectivity Solutions

Malvern, PA (April 18, 2016) – Crane Payment Innovations and Crane Merchandising Systems are excited to announce the launch of the newest addition to Crane’s Payment and Merchandising Technologies portfolio: Crane Connectivity Solutions (CCS). The new venture will be officially presented during the NAMA OneShow from April 19-21 in Las Vegas.

CCS is a joint venture between CPI vending connectivity and CMS Streamware teams. By integrating the engineering and development efforts of the two businesses, CCS is able to leverage Crane’s full suite of software, wireless hardware, and applications into a single entity. The result is a more responsive customer experience supported by CCS technology leadership and diverse network of partners.

“CCS was created with the philosophy that technology should simplify business,” said Eric Kaled, Senior Vice President and General Manager of Crane Connectivity Solutions. “Our portfolio of hardware, software and connectivity services will give operators unprecedented visibility to their business processes, enabling them to make quick, informed decisions while improving their efficiency and profitability.”

To date, CCS represents more than one million vending machines managed by their enterprise software and over 400,000 cashless systems installed worldwide. With nine sites in six counties, and a global network of technicians, CCS offers local support to customers in North America, Europe, Australia and the Middle East.

In addition to card readers and telemeters, CCS designs and delivers enterprise software solutions, cashless processing, mobile applications, interactive screens, hosting services, digital advertising, cashless processing, cloud reporting and consumer analytics.

For more information about the launch of Crane Connectivity Solutions, please visit www.craneconnectivity.com.

Crane Co. is a diversified manufacturer of engineered industrial products. Crane Co. is traded on the New York Stock Exchange (NYSE:CR).

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About Crane Connectivity Solutions
Crane Connectivity Solutions (CCS), a Crane Co. company, is a leader in interactive technology, delivering comprehensive solutions in wireless connectivity, enterprise software, digital advertisement, mobile applications and electronic payments. Leveraging the power of Crane Payment Innovations and Crane Merchandising Systems, CCS connects millions of unattended machines with consumers worldwide

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