Contract Award

RNS Number : 6133C

Tracsis PLC

03 May 2012

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 further contract with a major worldwide rail operating group for use of its resource optimisation software.

The contract, for an undisclosed sum, secures software licence revenue for at least 2 years for use of the core TRACS labour scheduling suite, and also the recently developed fleet optimisation product TRACS-RS. Both tools are designed to improve the speed and accuracy of resource planning activities whilst at the same time optimising the cost and performance of operating a passenger transport network.

John McArthur, Chief Executive Officer commented "Once again, we are delighted to have won this contract which is testament to the concerted efforts of our business development team in building fantastic working relations with transport operators both here in the UK and overseas. This latest announcement follows on from our contract award announced on 18 April 2012, and the subsequent Trading Statement issued on 25 April 2012, both of which indicated continued successful trading for the Group."

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