sec document
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
October 21, 2002
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Date of Report
(Date of earliest event reported)
Tidel Technologies, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-17288 75-2193593
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
5847 San Felipe, Suite 900, Houston, TX 77057
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(Address of Principal Executive Offices) (Zip Code)
(713) 783-8200
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Registrant's telephone number,
including area code
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report.)
Item 5. Other Events.
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On October 21, 2002, Tidel Technologies, Inc. ("Tidel") issued a
press release, set forth as Exhibit 99.1 to this Current Report, announcing that
it has received the first orders for units of its recently introduced Sentinel
cash controller from the nationwide petroleum retailer and convenience store
operator who participated with Tidel in the development of the new product.
Sentinel is an "intelligent" cash controller device designed especially for
multi-location retailers to improve efficiencies in cash handling and reduce
cash losses from theft and internal shrinkage. The initial purchase orders cover
more than 200 units that are expected to be delivered this quarter with an
aggregate sales price of approximately $1.6 million.
Item 7. Financial Statements and Exhibits.
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(c) Exhibits
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Exhibit No. Exhibits
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99.1 Press Release of Tidel Technologies, Inc. dated
October 21, 2002.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TIDEL TECHNOLOGIES, INC.
Dated: October 21, 2002 By: /s/ Leonard Carr
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Name: Leonard Carr
Title: Vice President