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TZ Limited: Poste Italiane Paccomat Parcel Locker Network Is Live

TZ Limited's (ASX:TZL) pilot program to supply Italian postal service Poste Italiane with TZ's Smart Parcel Lockers is now live and available to the Italian public to send and collect their parcels.

TZ won the tender with its partner with FBA Italy in January 2014.

The program will see Smart Parcel Lockers supplied to Poste Italiane and the initial locker banks have been successfully installed and are fully operational in Rome, Milan, Florence and Cantu, a province in Como.

The locker network was officially launched yesterday after an extensive period of end-to-end testing and final commissioning.

This pilot deployment required a significant software development effort involving customised Locker Bank application and back-end Locker Management System specifically designed to accommodate Poste Italiane's work flow requirements, courier procedures and integration with existing IT infrastructure and systems.

FBA Italy, who was awarded the official tender by Poste Italiane, has worked closely with TZ to ensure successful implementation.

If the pilot is successful, it is understood that it is Poste Italiane's intention to build a parcel locker network throughout Italy.

Poste Italiane, formerly a state-owned monopoly, is the leading operator in Italy in the postal services area: mail collection and delivery, printed matter and parcels, telegrams, express mail and online services.

With its network of post offices located throughout the country, Poste Italiane serves over 37 million customers and makes extensive use of new technologies.

Analysis

The Poste Italiane Paccomat Parcel locker network win demonstrates the global momentum building for the TZ technology and indicates that it can win postal electronic parcel locker business in Europe.

Notably, with the win for Poste Italiane's initial pilot program TZ has taken on traditional European based parcel locker suppliers and beaten them.

It can sets the stage for a full scale rollout in Italy if proven successful, providing a major boost to revenues and earnings.

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