Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

TZ Limited Shares Attract Attention On Italian Smart Locker Tender Win

TZ Limited's (ASX: TZL) shares rose 8% yesterday to $0.135 with more than 1.9 million shares trading hands bringing the total gain over the last five days to 17.39%.

The company's integration partner FBA Italy had won a tender to supply an initial five locker banks to Italian postal service Poste Italiane for an initial pilot program.

Not only does the win boost TZ's global presence by adding to the lockers it has already deployed in Australia, Singapore and the United States, it also paves the way for a potential full scale rollout in Italy.

In addition, it is an endorsement of the company's technology and proves that it is competitive with traditional European based parcel locker suppliers.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.