Trakm8 Hldgs Regulatory News (TRAK)

26 Apr 2007 16:47

Trakm8 Holdings PLC26 April 2007 26 April 2007 TRAKM8 HOLDINGS PLC ("Trakm8" or "the Group") Resignation of Director Trakm8, the AIM-listed technology provider, designer and developer of GPRS basedhardware and software to the vehicle tracking and security market announces theresignation of Timothy David Douglas Evans as Strategy & Marketing Director withimmediate effect. Tim leaves the Board by mutual consent and will remain with the company as GroupStrategy Advisor for three days a week while working on similar roles in othernon competing growing technology businesses. Dawson Buck, Chairman of Trakm8 commented, "Tim has been with the company forthree years and has seen sales revenues grow from £1.6m in 2004 to £5.4m in thelast full year. Without Tim's strategic vision, experience, and commitment theCompany would not have made the progress that it has to date. "On behalf of our shareholders, our staff and the board of Directors I wouldlike to express our thanks to Tim and look forward to his continued contributionas Group Strategy Advisor." -ends- For further information please contact: Trakm8 plc 0870 380 0531Cary Knapton, Chief Executive Officer Tim Couling, Finance Director Tavistock Communications 020 7920 3150Simon HudsonVicky Watkins About Trakm8Trakm8, based in Shaftesbury, Dorset is the leading technology provider,designer and developer of GPRS based hardware and software to the vehicletracking and security market. The Company distributes its hardware and softwareworldwide through a network of distributors. In addition the Company providesASP vehicle monitoring and tracking services direct to the B2B market. Trakm8'sproducts allow vehicles and drivers to be monitored, allowing organisations tomanage deliveries and services, or track stolen vehicles down to 5 metres. This information is provided by RNS The company news service from the London Stock Exchange