ATM Center Signs Exclusive Distribution Agreement With Tidel

Apr 19, 2001, 01:00 ET from Tidel Technologies, Inc.

    HOUSTON, April 19 /PRNewswire/ -- Tidel Technologies, Inc. (Nasdaq:   ATMS)
 today announced that it has entered into an exclusive marketing agreement with
 ATM Center, Inc., an Independent Sales Organization (ISO) for ATM equipment,
 whereby ATM Center will market and distribute only the Tidel product line to
 its customers.  The deal marks the twenty-seventh such exclusive or preferred
 distribution deal completed by Tidel in recent months, and begins the second
 phase of an existing relationship with ATM Center that began last year.  Tidel
 shipped an initial order to ATM Center in 2000 to replace an entire
 installation of units previously purchased from a competing manufacturer.
     According to Bruce G. Kreeger, President of ATM Center, "Our experience
 with the Tidel equipment as to performance, reliability and service has been
 excellent, paving the way for the exclusive relationship contemplated under
 the new agreement.  We have put capital resources and debt facilities in place
 for an aggregate commitment of $5 million toward our current ATM sales and
 placement programs for the remainder of this year and into 2002."
     Michael Hudson, Executive Vice President of Tidel, added, "ATM Center is a
 very nice addition to our portfolio of quality ISO's.  Their commitment of
 $5 million for their ATM placement program sets them apart from many of their
 competitors.  By stocking Tidel product on a volume basis, ATM Center expects
 sales will increase due to their ability to provide faster delivery to
 customers.  We believe this relationship will help strengthen Tidel's position
 in the domestic off-premise market, particularly in the Atlantic seaboard
 states."
     Mine Hill, New Jersey-based ATM Center, Inc. offers ATM equipment,
 service, supplies and replenishment to most states in the contiguous United
 States.  ATM Center has regional offices in New England, California, Florida
 and Virginia, with more offices scheduled to open this year.
     Tidel Technologies, Inc. is one of the nation's leading manufacturers of
 automated teller machines and cash security equipment designed for specialty
 retail marketers.  Tidel pioneered the dial-up ATM in 1992 and in 2000 ranked
 55th in Forbes' list of the 200 Best Small Companies in America.  To date,
 Tidel has sold more than 30,000 retail ATMs and 115,000 retail cash
 controllers in the U.S. and 36 other countries.  For more information about
 the company and its products may be found on the Internet at www.tidel.com.
 
     "Safe Harbor" disclaimer under the Private Securities Litigation Reform
 Act of 1995:  This press release contains forward-looking statements,
 including statements as to anticipated or expected results, beliefs, opinions,
 and future financial performance.  The forward-looking statements are based on
 current expectations and assumptions and involve risks and uncertainties that
 may cause the company's actual experience to differ materially from that
 anticipated.  Estimates are based on reliable information and past experience.
 However, operating results are affected by a wide variety of factors, many of
 which are beyond the control of the company.  Factors include, but are not
 limited to, the levels of orders which are received and can be shipped in a
 quarter; customer order patterns and seasonality; costs of labor, raw
 materials, supplies and equipment; technological changes; competition and
 competitive pressures on pricing; and economic conditions in the United States
 and worldwide.  Additionally, factors and risks affecting operating results
 include those described in the company's registration statements and periodic
 reports filed with the U.S. Securities and Exchange Commission.
 
 

SOURCE Tidel Technologies, Inc.
    HOUSTON, April 19 /PRNewswire/ -- Tidel Technologies, Inc. (Nasdaq:   ATMS)
 today announced that it has entered into an exclusive marketing agreement with
 ATM Center, Inc., an Independent Sales Organization (ISO) for ATM equipment,
 whereby ATM Center will market and distribute only the Tidel product line to
 its customers.  The deal marks the twenty-seventh such exclusive or preferred
 distribution deal completed by Tidel in recent months, and begins the second
 phase of an existing relationship with ATM Center that began last year.  Tidel
 shipped an initial order to ATM Center in 2000 to replace an entire
 installation of units previously purchased from a competing manufacturer.
     According to Bruce G. Kreeger, President of ATM Center, "Our experience
 with the Tidel equipment as to performance, reliability and service has been
 excellent, paving the way for the exclusive relationship contemplated under
 the new agreement.  We have put capital resources and debt facilities in place
 for an aggregate commitment of $5 million toward our current ATM sales and
 placement programs for the remainder of this year and into 2002."
     Michael Hudson, Executive Vice President of Tidel, added, "ATM Center is a
 very nice addition to our portfolio of quality ISO's.  Their commitment of
 $5 million for their ATM placement program sets them apart from many of their
 competitors.  By stocking Tidel product on a volume basis, ATM Center expects
 sales will increase due to their ability to provide faster delivery to
 customers.  We believe this relationship will help strengthen Tidel's position
 in the domestic off-premise market, particularly in the Atlantic seaboard
 states."
     Mine Hill, New Jersey-based ATM Center, Inc. offers ATM equipment,
 service, supplies and replenishment to most states in the contiguous United
 States.  ATM Center has regional offices in New England, California, Florida
 and Virginia, with more offices scheduled to open this year.
     Tidel Technologies, Inc. is one of the nation's leading manufacturers of
 automated teller machines and cash security equipment designed for specialty
 retail marketers.  Tidel pioneered the dial-up ATM in 1992 and in 2000 ranked
 55th in Forbes' list of the 200 Best Small Companies in America.  To date,
 Tidel has sold more than 30,000 retail ATMs and 115,000 retail cash
 controllers in the U.S. and 36 other countries.  For more information about
 the company and its products may be found on the Internet at www.tidel.com.
 
     "Safe Harbor" disclaimer under the Private Securities Litigation Reform
 Act of 1995:  This press release contains forward-looking statements,
 including statements as to anticipated or expected results, beliefs, opinions,
 and future financial performance.  The forward-looking statements are based on
 current expectations and assumptions and involve risks and uncertainties that
 may cause the company's actual experience to differ materially from that
 anticipated.  Estimates are based on reliable information and past experience.
 However, operating results are affected by a wide variety of factors, many of
 which are beyond the control of the company.  Factors include, but are not
 limited to, the levels of orders which are received and can be shipped in a
 quarter; customer order patterns and seasonality; costs of labor, raw
 materials, supplies and equipment; technological changes; competition and
 competitive pressures on pricing; and economic conditions in the United States
 and worldwide.  Additionally, factors and risks affecting operating results
 include those described in the company's registration statements and periodic
 reports filed with the U.S. Securities and Exchange Commission.
 
 SOURCE  Tidel Technologies, Inc.