New Advisory Board for Consultancy Business

RNS Number : 5301Z

Tracsis PLC

08 March 2013

 

Date:	8 March 2013
On behalf of:	Tracsis plc
Embargoed until:	0700hrs

Tracsis plc

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

New Advisory Board for Consultancy Business established

Tracsis is pleased to announce that it has formed a new Advisory Board to assist with the on-going development of the Group's Rail Consultancy practice. 

From March 1^st, Alan Wilson and Nigel Pennington will join Tracsis in an advisory capacity to work alongside Dr Robert Watson and existing senior management to lead this division going forwards. The Advisory Board will comprise:

·     Alan Wilson was previously Managing Director of Wessex Trains and Midland Mainline and more recently has worked for a variety of transport owning Groups advising them on strategy and performance.

·     Nigel Pennington has extensive operational experience of the rail industry, having worked in a number of senior management roles and latterly as head of train planning for Central Trains

·     Robert Watson founded RWA Rail which was acquired by Tracsis in 2008.  Since coming off the Tracsis Board in 2010, Robert has continued to work with Tracsis on a number of key client engagements and initiatives.

These individuals bring with them a wealth of industry experience and contacts, and will add value to the Tracsis consultancy offering to facilitate further growth and service diversification.

John McArthur, Chief Executive Officer commented 

"We are delighted that these senior industry executives have joined the Group to form our new advisory board.  We are confident that their experience, reputation and extensive network of contacts will prove invaluable as we seek to grow our consultancy business.  On behalf of everyone at Tracsis, we welcome them to the team and look forward to working together in the future."

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:

§ 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.

§ 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.

§ 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.

§ The business drives growth both organically and through acquisition.

§ Tracsis listed on AIM in 2007 under ticker TRCS.

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

 

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