Tracsis Regulatory News (TRCS)

Tracsis plc

("Tracsis" or the "Company")

Contract Award

Tracsis, a developer, supplier and aggregator of resource optimisation, data capture and reporting technologies to the transport industries, is pleased to announce that it has secured a significant contract with one of the UK's major rail operating groups for use of its workforce optimisation software.

The contract, for an undisclosed sum, secures software licence revenue for at least 2 years for use of both the TrainTRACS and TRACS Roster products. The contract allows the client full use of these tools during the forthcoming period of rail re-franchising that is planned to take place within the UK.

John McArthur, Chief Executive Officer commented "We are very pleased to have secured this order with a leading European rail owning group who we have worked with for many years. The contract secures additional software revenue in the mid-term and is a further endorsement of both our team and our evolving technology."

For more information please contact: