• Funds to expedite new hires for Keyvision and TZ's data centre business
• Leveraging strong industry relationships with NEXTDC, Macquarie Telecom, and Fujitsu
• Booming global data centre market, projected to exceed USD 400 billion by 2027

TZ Limited (ASX: TZL) has announced that it has received firm commitments to raise $1.15 million through a strategic placement at a 11.94% premium to the previous closing price. The placement was backed by key strategic investors and an existing institutional shareholder, SH Hiscock, reflecting strong confidence in the company's growth strategy. The funds will be used to expedite new hires to support both the Keyvision acquisition and TZ's expanding data centre business. TZ has established strong relationships with leading data centre players such as NEXTDC, Macquarie Telecom, and Fujitsu, positioning the company for accelerated growth. The global data centre market is experiencing rapid expansion, driven by increased demand for cloud computing, AI, IoT, and high-performance computing. The market is projected to reach over US $400 billion by 2027, fuelled by hyperscale cloud providers and growing enterprise demand for secure and scalable infrastructure. TZ's secure data centre access and infrastructure solutions are gaining traction globally, with Microsoft currently trialling the company's product and multiple significant international tenders underway. The strategic placement will allow TZ to onboard critical talent ahead of this anticipated surge in demand, ensuring the company is well-prepared to support increasing data centre security requirements worldwide. Additionally, seasoned business leader David Sampaklis has made a significant personal investment of $250,000 in the placement and will join the TZ team to assist in managing EMEA tenders.

With the imminent completion of the Keyvision acquisition and the additional capital raised, TZ Limited is well-positioned to accelerate its growth trajectory. The company remains committed to executing its strategic vision, leveraging innovative technology and strong leadership to drive shareholder value.