TZ (ASX:TZL) secured its first order from Wesco/Anixter for the rollout of its DC Cabinet Locking retrofit solution in the US, Europe, Middle East, South Africa, and Asia, according to a May 9 filing with the Australian bourse.
The company received a purchase order for 120 kits, part of a 360-kit initial commitment worth roughly AU$725,000, with further orders expected as the roll-out progresses, the filing said.
Shares fell 4% in morning trade Monday.
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