TRAK Trakm8 Holdings Plc

    RNS Number : 4614E
  Trakm8 Holdings PLC
  26 September 2008
   

    Trakm8 Holdings PLC
    26th September 2008



    TRAKM8 HOLDINGS PLC

    ('Trakm8' or 'the Group')

    Appointment of Finance 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 James Killingworth Hedges as Finance Director with effect from 25th September 2008.

    James Hedges, 50, is a Chartered Accountant and has over 25 years' national and international finance experience. James is a graduate of
Exeter University in Engineering Science and qualified as an accountant with KMG Thompson McLintock (now KPMG) in 1983. He has since been
involved with a number of different companies including venture capital, property and Private Finance Initiative projects with London
Electricity plc. James has been the Trakm8 Group Financial Controller for the last 2 years.  

    Tim Couling, as notified on 3rd June 2008, steps down as Finance Director with immediate effect but will remain on the board of
directors for the remaining duration of his notice period which expires on 1st December 2008.


    Dawson Buck, Chairman of Trakm8 commented, 'We are very pleased that James has agreed to join the Board. His prior experience within the
Group and his track record in shaping and growing UK companies will prove to be an invaluable asset in the future.'

    The following additional information falls to be disclosed pursuant to Schedule 2(g) of the AIM Rules:

    Current Directorships:
    Miljam Properties (Kennington) Limited  

    Former Directorships:  
    European Pensions Management Ltd
    William Sheppee Ltd

    Mr Hedges resigned as a Director of William Sheppee Ltd in January 2003. Treble Quote Job Limited (formerly William Sheppee Ltd) went
into administrative receivership in July 2003 following the loss of a major customer.

    -ends-

    For further information please contact:

 Trakm8 plc                             0870 380 0531
 John Watkins, Chief Executive Officer

 Tavistock Communications               020 7920 3150
 Simon Hudson

 Arbuthnot Securities Limited           020 7012 2000
 Paul Vanstone


    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.

    END




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