Contract award
March 23 2009 - 3:00AM
UK Regulatory
TIDMTRAK
RNS Number : 2392P
Trakm8 Holdings PLC
23 March 2009
23 March 2009
TRAKM8 HOLDINGS PLC
('Trakm8' or 'the Group')
Contract award by South African distributor, SmartSurv
Trakm8 (AIM: TRAK), the designer and developer of licensed GPRS based hardware
and software for the vehicle placement and security market, is pleased to
announce a significant contract with SmartSurv, a South African based supplier
of tracking products and services and the Group's existing distributor in
Africa.
The contract, initially for 12 months, is to supply complete tracking solutions
to SmartSurv for its customer base. It is anticipated that this contract could
lead to revenues in excess of GBP1 million over the next three years. Trakm8
will be supplying hardware based on its market leading T6 product, including CAN
('Controller Area Network') based communications and Trakm8's SWIFT(TM)
operating platform.
John Watkins, CEO of Trakm8 commented, "We are very pleased that our
longstanding distributor, SmartSurv, continues to source and promote the Trakm8
vehicle tracking and remote diagnostics solutions to the African markets. Their
commitment to take this volume of our products demonstrates the strength of the
relationship."
-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 |
+-----------------------------------------+-----------------------------------------+
| Alasdair Younie | |
+--------------------+--------------------+--------------------+--------------------+
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
END
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