Electronics company a winner

Mar 9 2009 by Iain Laing, The Journal

“Approximately 99% of our sales to the industry are in the export market, but thanks to the backing of One North East the DPX-S410 was completely designed in the region and its success had had a significant impact on the company.”

The company employs nine highly skilled electronics specialists in the region and another six sales people globally.

One North East director of business and Industry Ian Williams said: “Innocore is a genuine regional success story. The directors have a wealth of experience in the gaming and electronics industry and developed this revolutionary piece of equipment which has advanced gaming machines across the world.

“Congratulations must go to the company. Innocore’s investment in research and development has placed it at the forefront of its industry, securing contracts across the world and a healthy return for their innovation.”

Innocore was formed by a management buyout of the electronics division from Densitron Technologies Plc in 2007.

The company is owned by three partners; managing director Edward Price, product director Craig Stapleton who is based in Los Angeles and sales director Koen Stomph based in the Netherlands.