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Tidel Engineering, L.P.
(800) 678-7577
investorrelations@tidel.com


SOURCE: Tidel Engineering, L.P.

TIDEL OPENS SIX (6) NEW INTERNATIONAL LOCATIONS AS IT EXPANDS ITS GLOBAL REACH

Carrollton, Texas January 15, 2007  — Tidel Engineering, L.P., the world leader in Cash Management Systems and Robbery Prevention products is pleased to announce the opening of an additional six offices for expansion of the international business.   Tidel established service and support in over 120 countries in 2006 and has had tremendous success and an exceptionally positive response to its global expansion.

The new offices are located in:

  • Hong Kong       APAC Headquarters
  • Sydney            Australia/New Zealand Headquarters
  • Munich             Europe/Middle East/Africa Headquarters
  • Amsterdam      Benelux/UK/Ireland Headquarters
  • Toronto            Canada Headquarters
  • Dallas               Latin America Headquarters

Contact information can be found at www.tidel.com and click on Contacts.

“Multinational accounts are looking for a Cash Management solution that suits their global requirements.  Support in multiple languages as well as a system interface to cashiers in a wide variety of languages, training materials, and local repair services globally is what we are implementing to support global companies.  Just last year we established service and support in 120 countries, now we will have complete organizations to support both local companies as well as large multinationals”, says Mark Levenick, Tidel President and CEO.

“Tidel supports rolled or bulk coin distribution and notes distribution or acceptance for most major currencies around the globe.  We interface with nearly any POS solution to tie the cash controller directly into a POS solution for complete cash management including the cash in the safe, not just the till.  We allow a retail account to close its day without wasting hours in the back room manually counting cash.  We’ve been working hard for the past year to prepare for the challenges and opportunities of becoming a true global player in the cash management arena”, says Ed Grondahl, SVP Sales and Marketing at Tidel.


ABOUT TIDEL

Tidel, a wholly owned subsidiary of Sentinel Technologies, Inc. (a private holding company), has been a manufacturer of cash security equipment designed for specialty retail marketers since 1977.  Tidel designs and manufactures products for cash security and robbery prevention, as well as retail cash management.  To date, Tidel has sold more than 190,000 retail cash controllers in the U.S. and 38 other countries.  Tidel provides a 24-hour, seven-day customer service center and offers customer service and support in over 120 countries worldwide.  Information about the company and its products may be found on the company’s website at www.tidel.com.

Contact:  Ed Grondahl
Tidel Engineering, L.P.
800.678.7577
sales@tidel.com
 

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