Successful DC Security trial leads to first order

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Stock TZ Ltd (TZL.ASX)
Release Time 9 May 2025, 2:44 p.m.
Price Sensitive Yes
 TZ Secures First Order for Data Centre Cabinet Locking
Key Points
  • Successful evaluation phase of TZ's DC Cabinet Locking as a retrofit solution
  • First purchase order for 120 kits as part of 360-kit initial commitment
  • TZ well-positioned to support expansion plans of major data centre operators
Full Summary

TZ Limited (ASX: TZL), a global leader in smart locking and secure access control solutions, has received its first order from Wesco/Anixter as part of an initial purchase commitment to cover roll-out to the US, Europe, Middle East, South Africa, and Asia. Wesco/Anixter is acting as the procurement agent for Microsoft. The first purchase order for 120 kits, part of a 360-kit initial commitment, represents a sales order value of approximately A$725,000. TZ expects further orders as the roll-out gains momentum. The company remains confident in the continued strong demand within the global data centre market and is seeing growing momentum in sales of its proven DC security solutions. TZ's solution offers multiple advantages over traditional cabinet locking products, including modular kits for new builds and retrofits, integration with third-party access control systems, and real-time access control and audit compliance via TZ's Centurion Enterprise software. TZ has supplied secure cabinet locking systems to major data centre operators like NextDC and Macquarie Data Centres for over a decade. To leverage market demand and capitalize on growth potential, TZ is refocusing its sales effort with a dedicated business development team targeting the Asia-Pacific region.

Guidance

TZ expects further orders to be placed as the roll-out of its DC Cabinet Locking solution gains momentum, representing a growing sales pipeline.

Outlook

TZ will continue to update the market as additional purchase orders are received and deployments expand across the global data centre footprint. The company remains focused on delivering high-margin, recurring revenue across its four business segments, leveraging its differentiated technology stack and established customer base.