Mark Bouris’ TZ scores US supply contract

Company News

Mark Bouris’ TZ Limited (ASX:TZL) has scored a major supply contract for its TZ SMArt Locker Banks for office locations throughout the US and potentially worldwide. 
 
The technology company says the agreement between its US subsidiary and a global financial services corporation will support the secure delivery of accountable mail and packages. 
 
The initial purchase order for SMArt Locker Banks is worth more than $US250,000 and will see the product installed at the end of May 2013. 
 
The company says it is confident of continued sales growth in this sector as a result of a number of pilot programs currently underway with other major corporates. 
 
The contract win comes in the same week TZ announced it has inked a deal with transport and  logistics provider Toll Group (ASX:TOL) to trial the TZ A.D.A.M. parcel locker system. 
 
TZ booked a net loss of $12 million in the first half of the 2013 financial year.