Contract award

RNS Number : 4194T

Tracsis PLC

13 December 2012

 



Date:	13 December 2012
On behalf of:	Tracsis plc
Embargoed until:	0700hrs

Tracsis plc

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

Contract award

Tracsis is pleased to announce that its COMPASS division has been awarded a significant contract from the New Zealand operations of a worldwide transport owning group.

The contract, which will have an element of recurring revenue, is a combination of software licence, support & maintenance, customisation and project management and will be fulfilled over several months. 

John McArthur, Chief Executive Officer commented

"We are delighted to have been awarded this contract for our COMPASS product with a major worldwide transport operator.  Australasia is a target market for Tracsis as it seeks to expand overseas and this win follows on the back of consultancy work carried out in New Zealand earlier in the year."

For more information please contact:

John McArthur, Tracsis plc	Tel: [phone]
Katy Mitchell, WH Ireland Limited	Tel: [phone]
Rebecca Sanders Hewett/Jenny Bahr, Redleaf Polhill	Tel: [phone] [e-mail]

Notes to editors:

1.     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.

2.     The Company addresses these issues through the following divisions:

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

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

3.     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.

3.     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.

4.     The business drives growth both organically and through acquisition.

5.     Tracsis listed on AIM in 2007 under ticker TRCS.

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

 

END

 

 

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