News

Tidel reports another record quarter

February 27, 2002

HOUSTON -- Tidel Technologies, Inc. (Nasdaq:ATMS) says it shipped 3,419 ATMs during the three-month period ended June 30, 2000 -- a 77 percent increase from the 1,937 units shipped in the same quarter of 1999 and a 12 percent increase from the 3,055 units shipped in the previous quarter ended March 31. This is a new quarterly record.

For the first nine months of fiscal 2000, the company shipped 8,687 ATMs, a 101 percent increase from the 4,319 units shipped in the same period a year ago.

Full financial results for the quarter ended June 30 will be released on or about July 26.

Tidel was recently selected by BusinessWeek as one of its Top 100 Hot Growth Companies for 2000.