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TZ LIMITED — Capital/Financing Update 2024
Jul 25, 2024
65975_rns_2024-07-25_a8e602cc-a5fa-448b-9502-74efaf0b9dcc.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
26 July 2024
ASX Announcement
TZ Limited awarded material government contract to begin the new financial year
TZ Limited ( TZL or the Company ) is pleased to announce that its wholly owned subsidiary, TZI Australia Pty Limited has been awarded the supply and install contract for over 1,300 Employee Lockers for a Queensland Government body.
The open tender was contested by a number of Locker solution providers active in the Australian market.
The contract value is just over $1 million and comprises the supply and installation of new Employee Smart Lockers, the retrofit of TZ electronic locking to existing Employee Lockers and the provision of TZ’s fully managed cloud-based software-as-a-service over the next five (5) years.
Supply will commence late September and should be completed by early November this year.
The securement of the sale provides TZI Australia with a solid start for the new fiscal year and a good platform towards delivering against its annual revenue target for 2025.
This announcement is authorised for release by TZ Limited’s Board of Directors.
For further information, please contact:
Peter Graham Chairman TZ Limited +6 141 255 616
For additional information on TZ Limited, please visit www.tz.net
About TZ Limited
At TZ, we create solutions that can manage assets effectively or manage space and utility effectively, i.e. Smart Lockers for IT Asset Management, Smart Lockers for Package Asset Management, and secure Personal Employee Storage Solutions.
We develop end-to-end integrated solutions that are dynamic and help companies manage secure access, optimise workflows and productivity for their mobile workforce. Our ability to support individual preferences and practices and enable the collective workspace environment are underpinning deliverables in our solutions, that ensure flexibility for the User and drive a unique and enhanced User experience.
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