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Market Cap: £96.78m
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Strengthened Management Board

15 Oct 2012 07:00

RNS Number : 6324O
Tracsis PLC
15 October 2012
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ο»Ώ

Date:

15Β October 2012

On behalf of:Β 

Tracsis plc ("Tracsis"; the "Company" or "the Group")

Embargoed until:

0700hrs

Β 

Tracsis plc

Strengthened Management Board

Tracsis, a developer and consolidator of resource optimisation, data capture and reporting technologies to the transport industries is pleased to announce that it has strengthened the Management Board of the Group with the promotion of Andy Whawell and Steve Brown.

Steve has worked with Tracsis since joining via the acquisition of RWA Rail in 2008. Having a Masters' degree in Rail Systems Engineering and previously having held a position with AEA Technology Rail (now DeltaRail) he is a seasoned rail professional with extensive experience in the industry. Steve will assume the position of Business Development Director.

Andy was Operations Director of MPEC Technology at the time of its acquisition by Tracsis in May 2011 and has continued to work as Managing Director of this division. Having joined the rail industry in 1996, Andy worked for Balfour Beatty in maintenance and projects before joining their signalling technologies division in 2001. His responsibilities in this role were to develop business for and deliver new products into the signalling industry. Andy Whawell is now Director of Infrastructure Services.

John McArthur, CEO of Tracsis plc commented:

"Steve and Andy have both been instrumental in our success in the past few years and their breadth of knowledge in the rail and infrastructure industries will continue to be of significant value to the Group. Both will continue to play a fundamental role in the Group's development over the coming years and we are very pleased to welcome them to our Management Board."

For more information please contact:

John McArthur, Tracsis plc

Tel:Β 0845 125 9162

Katy Mitchell, WH Ireland Limited

Tel: 0113 394 6618

Rebecca Sanders Hewett/Jenny Bahr, Redleaf Polhill

Tel: 0207 566 6720

Tracsis@redleafpolhill.com

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Notes to editors:

Β§ Tracsis plc provides the transportation industry with tools to control and optimise critical aspects of resource optimisation and delivery with the ultimate goal of increasing efficiency, reducing cost and improving performance.

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Β§ The Company addresses these issues through the following divisions:

o Application software - Tracsis has developed various products to optimise resources, capture data, manage the collated information and report and communicate performance.

o Embedded software - The Company provides condition monitoring and data logging equipment for the management and maintenance of infrastructure.

o Professional services - Tracsis advises on key operational and strategic planning problems, providing clients with efficient and best practice solutions to issues faced by transport operators and infrastructure owners.

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Β§ The Company's clients include the majority of UK railway operators, including Network Rail, Virgin Group, Arriva and First Group. Tracsis also works with operators in Europe and Australia.

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Β§ The business drives growth both organically and through acquisition.

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Β§ Tracsis listed on AIM in 2007 under ticker TRCS.

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

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This information is provided by RNS
The company news service from the London Stock Exchange
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