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TZ Limited

From Wikipedia, the free encyclopedia
TZ Limited
Company typePublic
ASXTZL
IndustryEngineering
Design
Investment
Founded1986
HeadquartersChicago, United States
Key people
Mark Bouris, chairman;
Dickory Rudduck (Deceased), Founder;
Kenneth Ting, company secretary
John Wilson, CEO
Greg Wuest - General Manager
RevenueUS $15.86 million (2007)[1]
US $10.80 million (2007)
Websitehttp://www.tzlimited.com

TZ Ltd. known previously by various other names, is a company that develops and licenses proprietary technologies.

History

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Pharmol Pacific Pty Ltd. was founded in 1986 in New Zealand. Following numerous name changes, the company became CED Australasia in 2002. In 2004, CED Australasia acquired Telezygology, Inc., a United States fastener company that had formed in 1998. Soon after, the company renamed itself to TZ Ltd. Around 2005, the company moved its headquarters from Sydney, Australia to Chicago, United States, but it remains registered on the Australian Securities Exchange, under the symbol TZL.

In 2009, the former board resigned under pressure from shareholders, and were replaced by a board headed by Australian Wizard Home Loans founder and celebrity Mark Bouris.[2]

In mid-2013, the founder Dickory Rudduck died from cancer.[citation needed]

Products

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One of TZ Ltd.'s main products is intelligent fastening, a technology that allows fasteners to be controlled remotely. Dickory Rudduck, an Australian architect and inventor, invented the intelligent fastening technology. This was greatly enhanced by his ability to self produce.[3] The technology was a 2005 Product of the Year finalist for NASA Tech Briefs magazine.[4]

References

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  1. ^ TZ Limited. "2007 Annual Report". October 2007.
  2. ^ Only a wizard can save TZ's bottom line
  3. ^ Van, Jon. "Oh, Snap! These New Fasteners Are Smart". Chicago Tribune. March 30, 2006.
  4. ^ TZ Limited. 2005 Annual Report. November 2005.