Trakm8 Holdings PLC
29 January 2007
Embargoed until 0700h, 29 January 2007
TRAKM8 HOLDINGS PLC
("Trakm8" or "the Group")
Appointment of Non-Executive Director
Trakm8, the AIM-listed designer and developer of licensed GPRS based hardware
and software for the vehicle placement and security market, is pleased to
announce the appointment of John Ferris Watkins as a non-executive director with
immediate effect.
John Watkins, 54, has over 25 years' national and international experience as a
senior manager in the electronics and engineering industries. He has an MA in
Engineering Science from Oxford University. Since 1996, John has been Chairman
and Chief Executive of Omitec Group Ltd, a private equity backed electronics and
software engineering company, which supplies automotive diagnostic and
in-vehicle electronic equipment to global automotive companies. In that time,
John has managed an eight-fold increase in sales to over £20 million in the
current financial year. Omitec has won a number of awards including the Profit
Track 100, Fast Track 100 and two Tech Track 100 awards in the Sunday Times as
well as a 2003 Queen's Award for Enterprise.
Prior to joining Omitec, John held a number of senior positions, serving as
non-executive Chairman of RK Group Ltd, a main Board Director and Managing
Director of the Environmental Division of Solvera Plc, a main Board Director and
Managing Director of the Products Division of Benson Group Plc and Group
Managing Director of ISG Ltd. He also has extensive international sales,
marketing and acquisition experience.
Dawson Buck, Chairman of Trakm8 commented, "We are very pleased that John has
agreed to join the Board and consider his decision to be a strong endorsement of
Trakm8's technology, products and potential. His track record in shaping and
growing UK and international companies in our market will prove to be an
invaluable asset to the Group."
Under Schedule 2(g) of the AIM rules the following directorships are disclosed:
Current Directorships Omitec Group Limited
Omitec Limited
Omitec Instrumentation Limited
Omitec Information Services Limited
Equiptech Limited
Mechtric Engineering Limited
Omitec Trustees Limited
Crypton Limited
Autodiagnos Limited
Dieseltune Technology Limited
P-TEC Automotive Limited
Former Directorships Solvera PLC
RK Group Limited
Supply Chain Personnel Limited
Robinson Keane Limited
Between 1996 and 1998 Mr Watkins was a Director of Solvera plc, which went into
liquidation in 1999.
Between 1989 and 1991 Mr Watkins was a Director of ISG Limited, which went into
receivership in March 1991.
-ends-
For further information please contact:
Trakm8 plc 0870 380 0531
Cary Knapton, Chief Executive Officer
Tim Couling, Finance Director
Tavistock Communications 020 7920 3150
Simon Hudson
About Trakm8
Trakm8, based in Shaftesbury, Dorset is the leading technology provider,
designer and developer of GPRS based hardware and software to the vehicle
tracking and security market. The Company distributes its hardware and software
worldwide through a network of distributors. In addition the Company provides
ASP vehicle monitoring and tracking services direct to the B2B market. Trakm8's
products allow vehicles and drivers to be monitored, allowing organisations to
manage deliveries and services, or track stolen vehicles down to 5 metres.
This information is provided by RNS
The company news service from the London Stock Exchange
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