21 Jan 2011 07:00
TRAKM8 HOLDINGS PLC
("Trakm8")
Contract Award
Trakm8, the AIM-listed designer and developer of GPRS based hardware and software for the vehicle placement and security market, is pleased to announce the award of a significant contract with a new customer for Trakm8.
Trakm8 has been awarded a contract to supply 6,000 hardware units, with delivery commencing in April 2011. Trakm8 will be supplying hardware based on the A1091 hardware platform which was acquired from Vincotech Gmbh in September 2010. Integration work will be undertaken to meet the customer's specific requirements.
John Watkins, CEO of Trakm8 commented: "We are very pleased that we have awarded this contract and this is validation of our investment in a broader product line via the telematics hardware acquisition from Vincotech."
For further information please contact:
Trakm8 plc | 01747 858444 |
John Watkins (Chief Executive Officer) | |
Tavistock Communications | 020 7920 3150 |
Simon Hudson | |
Arbuthnot Securities Limited | 020 7012 2000 |
Hugh Field |
About Trakm8
Trakm8, based in Shaftesbury, Dorset, is the leading designer, developer and provider of GPRS based hardware and software to the fleet industry. Trakm8's products allow vehicles to be monitored anywhere in the world, enabling organisations to manage deliveries and services, or to track stolen vehicles. The company also offers tailored professional services including integration of telematics data into back end systems and bespoke product development.
Trakm8 recently launched the new T8 hardware which has enhanced hardware capabilities and is manufactured in the UK. Other advances have seen the roll out of the user friendly web portal Trakm8 SwiftTM 5 and bespoke product development including a driver feedback module.
21 January 2011
Trakm8 Hldgs (TRAK)