News | December 3, 2013

Tidel Engineering Names Gary Landry As New President And CEO

Tidel Engineering, L.P., the world leader in Cash Management Systems and Robbery Deterrent products, recently announced the appointment of Gary Landry as President and Chief Executive Officer. Gary had previously joined the Tidel Board of Directors on January 1, 2013.

Gary brings over 30 years’ experience in the logistics and cash management industries to Tidel, including several executive leadership roles at Brink’s Inc., a global leader in cash in transit and secure logistics services. In his most recent role at Brink’s, Gary served asExecutive Vice President, International, and prior to his international role, Gary served as President, Brink’s U.S.

"I am very pleased and honored to be joining Tidel Engineering as President and CEO at this exciting time in the company’s continued growth," said Landry.“Tidel has long been a leader and innovator in providing best-in-class cash management solutions for the retail marketplace. I look forward to working with the Tidel team to further our market leadership position by bringing new levels of innovation, customer experience and value to the markets we serve.”

“We are very delighted that Gary will be leading Tidel” said Alex Beregovsky, Tidel Board Member and Principal, Vector Capital. “Gary’s track record of strategic leadership and innovation, combined with his deep understanding of the cash management market, uniquely position him to begin a new chapter in Tidel’s history."

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 1978. Tidel designs and manufactures products for cash security and robbery deterrence, as well as retail cash management. To date, Tidel has sold more than 300,000 systems in the U.S. and over 60 countries. Tidel provides a 24-hour, seven-day customer service center and offers customer service and support in over 120 countries worldwide. Tidel is a portfolio company of Vector Capital, a $2.5B global technology private equity firm based in San Francisco. Founded in 1997, Vector has focused on investing in leading technology companies and working with businesses to create value for customers, employees, and shareholders. For more information, visit www.tidel.com.

SOURCE: Tidel Engineering, L.P.

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