Re Contract

RNS Number : 2233Z

Trakm8 Holdings PLC

11 January 2011

 





TRAKM8 HOLDINGS PLC

('Trakm8' or 'the Group')

Framework agreement award with the Automobile Association

Trakm8, the AIM-listed designer and developer of GPRS based hardware and software for the vehicle placement and security market, is pleased to announce the award of a significant Framework Agreement with the Automobile Association ("AA").

Trakm8 has received an initial order to supply a complete tracking solution for in excess of 2,000 Road Side Assistance vehicles of the AA.  Trakm8 will be supplying hardware based on its market leading T8 hardware, including Controller Area Network based communications, and the Trakm8 Swift^TM operating platform.  Integration work will be undertaken to meet the AA's specific requirements.

Dawson Buck, Chairman of Trakm8, said "We are very pleased the AA have awarded this Framework Agreement to Trakm8 and this is an indication of the continued progress the Group is making as a leading supplier for  vehicle tracking and remote diagnostics solutions." 

For further information please contact:

Trakm8 plc	01747 858444
James Hedges, Finance Director
Tavistock Communications	020 7920 3150
Simon Hudson
Arbuthnot Securities Limited	020 7012 2000
Hugh Field

11 January 2011

About Trakm8

Trakm8, based in Shaftesbury, Dorset, is the leading designer, developer and provider of GPRS based hardware and software to the fleet industry. Trakm8's products allow vehicles to be monitored anywhere in the world, enabling organisations to manage deliveries and services, or to track stolen vehicles.  The company also offers tailored professional services including integration of telematics data into back end systems and bespoke product development.

Trakm8 recently launched the new T8 hardware which has enhanced hardware capabilities and is manufactured in the UK. Other advances have seen the roll out of the user friendly web portal Trakm8 Swift^TM 5 and bespoke product development including a driver feedback module.

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