Drop safe system

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8794511
APP PUB NO 20130264387A1
SERIAL NO

13442308

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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A drop safe comprising a vault, a computing means within the vault, at least one bill validator, a code reader, and a currency compartment. The computing means is connected to the bill validator and a code reader. The currency compartment receives and stores paper currency from the bill validator. The computing means, initially in idle mode, switches to deposit mode when the code reader detects a deposit initiation code. While in the deposit mode, the computing means monitors the bill validator and the code reader for detection of a deposit of paper currency, deposit termination code, and a time-out condition. The deposit mode terminates when a deposit termination code or a time-out condition is detected, in which case the computing means switches back to idle mode. Methods of depositing cash into the drop safe, and removing cash the drop safe are also disclosed.

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First Claim

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Patent Owner(s)

Patent OwnerAddress
ARMOR SAFE TECHNOLOGIES LLC5916 STONE CREEK DRIVE SUITE 100 THE COLONY TX 75056

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Siemens, Jason B Beeton, CA 2 49
Siemens, John R Consecon, CA 1 3

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