October 28, 2000
Tidel Engineering, L.P. is a wholly owned subsidiary of Tidel Technologies, Inc., based in Houston, Texas. Tidel's lineage and reputation for quality equipment dates back to 1977.
Tidel is an acronym for TIme DELay, a method of delivery familiar to many retail store operators throughout the world. From the beginning, our mainstay product has been the Timed Access Cash Controller (TACC). This well known security product line, represented by over 100,000 units sold throughout 36 countries worldwide, has evolved through many designs to its current high tech configurations and features. Its ultimate appeal is dependable, effective cash management through quality workmanship.
Today, Tidel is equally well known for its line of Automated Teller Machines (ATMs). This unique family of Focus Function - non deposit taking ATMs is known in the marketplace as the Low Cost ATM with the High End Features. Tidel pioneered the dial-up Focus Function ATMs which has led to the enormous growth in popularity of ATM cash dispensers in the retail market.
Tidel provides ATMs that meet a wide cross-section of demands in the marketplace. Regardless of a customer's need, Tidel has the ATM solution; whether it's for a simple dispenser that provides a single denomination of cash (the Ignition Series 1000), or, for the more complex system that delivers multiple products (the Ignition Series 6000). Tidel is unique in the dial-up ATM market because the availability of information from its dispensers, using Tidel's AIMS (ATM Information Management System) is similar to the more traditional lease-line ATM.
Tidel's third line of products is the Chameleon. Chameleon is an Internet-savvy, interactive multimedia kiosk that combines the security of traditional Electronic Funds Transfer ("EFT") banking networks with the limitless e-commerce options of the Internet, thereby taking the ATM far beyond its existing boundaries. For example, an ATM user could make a cash withdrawal, and then buy airline tickets and book a hotel reservation, all while receiving high-impact advertising messages in broadcast-quality video and audio.
"With Chameleon, Tidel has redefined the state of the art in ATM technology. Today, Tidel is excited to bring to the marketplace what we believe to be the most dramatic breakthrough in the history of ATMs -- The Internet-savvy Chameleon. With a direct hot link to the Internet via web-enabled screens, the Chameleon ATM will allow consumers to process a variety of convenience-based transactions never before possible at their local ATM.
Tidel is passionate about its focus on Quality. Only the latest, proven techniques in manufacturing, along with an employee based program of quality delivery are used. Tidel has been successful in providing equipment known for accuracy, reliability and performance. This reputation has been specifically recognized by several multinational and foreign based oil and convenience store companies. A main attraction for these firms has been Tidel's growing international identification with excellence, on-time delivery and product performance.
Tidel is also recognized by the business community, recently making the prominent lists of Forbes' top 200 Best Small Companies and Business Week's annual Top 100 Growth Companies.
Tidel has a singular philosophy as an industry leader: While there are many companies that sell similar products, Tidel aims to be the product of choice because we put technology to work for the customer, and we look for constant improvement through market feedback. It is this philosophy that enables Tidel to face its toughest challenge -- satisfying its customers.