28 October 2024
This week we were joined by TZ Limited (ASX: TZL) Chairman Peter Graham for an investor briefing and industry update, where he discussed the company’s dominant position within the rapidly growing smart electronic lock market.
This week we were joined by TZ Limited (ASX: TZL) Chairman Peter Graham for an investor briefing and industry update, where he discussed the company’s dominant position within the rapidly growing smart electronic lock market.
In 2018, 87 billion parcels were shipped worldwide, with many deliveries being placed in a secure retail click-and-collect locker for easy pick-up. Meanwhile, across the United States, university campuses are using the same locker technology to streamline their mail centres and reduce costs. These are just two examples of where TZ Limited’s smart lockers are being used today.
Market leaders in smart electronic locking device development, TZ Limited currently provides solutions within the education, logistics, health and defence industries. A well established company, some of their clients include global giants Nike, UPS, Disney and Microsoft, as well as US College campuses Princeton University and the University of Tennessee.
During this interesting 26 minute presentation, Peter addresses the market spaces TZ Limited are actively engaged in and the company’s plans to expand into even bigger industries.
Watch the full Investor Briefing below, including the Q&A session where Peter responds to questions such as, expanding into the Asian and European markets, and the huge opportunity within the $450 million education industry.
Reach Markets have been engaged by TZL to assist with private investor management.
Reach Markets are the advisors assisting with the management of the current shareholder offer and may receive fees depending on whether an offer is taken up by investors.
Presented on Tuesday the 3rd of December at 12pm (AEDT).