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TZ Limited ( (AU:TZL) ) has issued an update.
TZ Limited has appointed Antonino Schiavello as a Non-Executive Director, bringing his extensive experience in technology and workplace solutions to the company. This strategic move aligns with TZ’s focus on smart systems and enterprise solutions, potentially enhancing their market position in smart storage and data-driven services. Additionally, TZ Limited has entered a strategic agreement with Nura Space, a subsidiary of the Schiavello Group, to supply technology for workplace solutions, which could expand their market reach. Furthermore, TZ has secured a $750,000 credit extension from Causeway Finance to facilitate product delivery to Microsoft, indicating strong financial backing and operational momentum.
More about TZ Limited
TZ Limited is an Australian technology firm specializing in intelligent, digitally connected locking and smart-locker ecosystems for enterprise and government clients across multiple regions including Australia, the United States, and Europe. The company’s solutions encompass secure access control and workflow automation for environments such as workplaces, campuses, and data centers, supported by proprietary electronics and software platforms.
Average Trading Volume: 117,681
Technical Sentiment Signal: Sell
Current Market Cap: A$12.06M
See more insights into TZL stock on TipRanks’ Stock Analysis page.