TZ LIMITED — Capital/Financing Update 2010

Nov 9, 2010

TZ Limited ABN 26 073 979 272

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10 November 2010

Lodged by ASX Online

The Manager Company Announcements Office ASX Ltd. Level 4, 20 Bridge Street Sydney, NSW 2000

Dear Sir/Madam

PLACEMENT OF SHARES AND RIGHTS ISSUE TO SHAREHOLDERS

TZ Limited ( “TZL” ) announced today it has conditionally agreed a placement of 8,091,446 shares at 35 cents to a number of professional and sophisticated investors to raise $2,832,006.10. The placement will be completed after the upcoming Annual General Meeting, subject to shareholders approving the resolutions at that meeting which will enable TZL to refresh its capacity to issue further shares under ASX Listing Rule 7.1.

TZL recognizes the strong support from all its shareholders and is pleased to advise that those shareholders who are recorded on TZL’s share register on 23 November 2010 with a registered address in Australia or New Zealand will be eligible to participate in a 1 for 3 renounceable rights issue at an issue price of 35 cents to raise approximately $9,823,907.22. This Rights Issue is to be underwritten by Patersons Securities Limited.

CEO of Telezygology, Inc. (TZI), John Wilson said, “This capital raising will provide working capital, particularly to support inventory management and building our finished goods in line with the sales pipeline and expected delivery time-frames. It will also allow TZI to scale its organization to support demand through the recruitment of additional sales and marketing resources and to expand and grow the business in line with the recent announcements made to the market.”

Chicago (Operational Headquarters) ASX: TZL 520 West Erie Street, Suite 100 Web: www.tz.net Chicago, IL 60654 United States Email: info@tz.net

Sydney (Registered Office) Level 11, 1 Chifley Square Sydney, NSW 2000 Australia

ASX Announcement

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TZL decided to raise the funds predominantly through a rights issue at a discount to the current market price of TZL shares, to reward existing shareholders who have shown incredible patience and support for TZL during the last 18 months. Executive Chairman, Mr Mark Bouris said, “Shareholders have weathered the substantial restructure of TZL’s business and emerged with a business now grounded with real products, real customers and truly global partnerships. We now need to leverage this and build a sustainable and profitable business that will deliver shareholders the value that it is capable of. This raising will properly capitalize TZL to allow it the opportunity to deliver on its vision to lead the world in SMArt Device Technology and be at the forefront of SMArt business ventures enabled by the new era of the ‘internet of things’.”

Yours faithfully, TZ LIMITED

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Kenneth Ting Secretary and Executive Director

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