Tracsis Regulatory News (TRCS)

Tracsis plc

Directorate change

Tracsis plc, the leading provider of software and technology led products and services within the transportation industry today announces that Rod Jones, Non-Executive Chairman, has given notice that he is stepping down from the Board as of 30 June 2013.

Rod Jones, commented

"After six enjoyable and successful years at Tracsis, the time is right to step down, both for me personally, and also for the Group. Tracsis will bring in a Chairman to provide leadership for the next phase of its growth and I wish John, the Board and wider Group continued success."

John McArthur, Chief Executive Officer commented 

"Rod has been an outstanding Chairman over a period in which the Company has grown significantly from its origins as a spin-out from the University of Leeds. We have benefitted hugely from Rod's experience and support in managing this growth. On behalf of the Board and staff, I thank Rod for the significant contribution he has made to our success and we wish him well for the future."

The Company has commenced a search for a new Non-Executive Chairman, and the market will be updated in due course.

For more information please contact:

Notes to editors: 

§ The Group specialises in solving a variety of data capture, reporting and resource optimisation problems along with the provision of a range of associated professional services.

§ Tracsis' products and services are used to increase efficiency, reduce cost and improve the operational performance and decision making capabilities for clients and customers.

§ The Company offers the following services:

- Data Capture: Collation and analytical services within traffic and pedestrian rich environments.

- Software: Industry strength resource optimisation software that covers a variety of asset classes.

- Remote Condition Monitoring: Technology and reporting for critical infrastructure assets in real time, to identify problems and aid with preventative maintenance.

- Professional Services: Consulting and related professional services across the operational and strategic planning horizon.

§ Tracsis has a blue chip client base which includes the majority of UK transport operators such as Arriva, First, Stagecoach, Go-Ahead, National Express and Virgin. The business also works extensively with Network Rail, the Department of Transport, multiple local authorities, and a variety of large engineering/infrastructure companies.

§ Tracsis has offices in the UK and Australia which service projects in Europe and Australasia.

§ The business drives growth both organically and through acquisition and has made five acquisitions since 2008.

§ Tracsis listed on AIM in 2007 under ticker TRCS.

§ For more information visit http://www.tracsis.com