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TZ LIMITED — Capital/Financing Update 2021
Dec 20, 2021
65975_rns_2021-12-20_f8376686-c46c-4b06-97ab-ae35a6011651.pdf
Capital/Financing Update
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Level 2, 40 Gloucester Street The Rocks NSW 2000 Australia Telephone (+61) 2 9137 7300
www.tz.net
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TZ Limited
ABN 26 073 979 272
21 December 2021
ASX Announcement
TZ Limited receives Purchase Order from RICOH South Africa for DSV Deployment.
TZ Limited (the ‘ Company ’) (ASX: TZL ) advised the market on December 16[th] 2021 that RICOH South Africa had received confirmation that RICOH & TZ Limited had been successful in being awarded the DSV project.
TZ Limited wishes to advise the market that it has now received the Purchase Order from RICOH South Africa.
The purchase order, circa US$2M, represents further expansion of the DSV Locker network in South Africa to over 550 locations. The Company has been supplying Locker Banks to South Africa for the last four years. The Company also provides TZ Cloud Services for the management and monitoring of the 400+ Locker Bank network.
Subject to no disruption from the supply chain, manufacturing/deployment and potential geopolitical tension in the relevant regions, early indications are that the bulk of the order should be dispatched prior to 30 June 2022 with the expected revenue to be brought to account for financial year ending 30 June 2022.
Authorised for release by the Board of Directors.
For further information, please contact:
Peter Graham Chairman TZ Limited [email protected]
For additional information on TZ Limited, please visit www.tz.net
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