TZ secures deal to upgrade smart locker bank technology for DSV South Africa

Electronic locking device developer TZ Limited (ASX: TZL) has finalised terms for a $1 million hosting and services agreement with global transport and logistics firm DSV South Africa.

The three-year agreement will see TZ carry out a complete upgrade of the technology infrastructure which underpins its smart parcel locker bank technology first supplied to DSV three years ago. It will provide system monitoring, network management, software subscription and maintenance for DSV’s network of 450 banks throughout the country, valued at over $3 million.

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