Tracsis wins Company of the Year award

RNS Number : 2501S

Tracsis PLC

28 November 2012

 



Date:	28 November 2012
On behalf of:	Tracsis plc ("Tracsis" the "Company" or "the Group")
For immediate release

Tracsis plc

("Tracsis" or the "Group")

Tracsis wins Company of the Year award

Tracsis is pleased to announce that it has won the Company of the Year in the Mid-Sized category at last night's Growing Business Awards.

Growing Business describes this award as recognising high-growth, high-quality, world-class independent UK companies.

The judges commented:

"We were delighted by the success of Tracsis, a one-time Leeds University spin-out, which has come to dominate its particular niche in the rail industry. It's been conservative in its finances but consistent in its commitment to R&D, and not afraid to make acquisitions. I would love to have shares in all of the companies in this fabulous category, but if I could only have shares in just one, then it would have to be Tracsis. It has got tremendous IP. And it has a remarkably strong position in its market. It's a model company that many other university spin-outs should admire and learn from." 

John McArthur, Chief Executive Officer commented: 

"I am very proud that Tracsis has achieved this accolade - it is a testament to the hard work that the team has put in, and how the business has developed since inception."

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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