TRAK Trakm8 Holdings Plc

 

TIDMTRAK 
 
RNS Number : 5012K 
Trakm8 Holdings PLC 
21 April 2010 
 

21 April 2010 
 
                              TRAKM8 HOLDINGS PLC 
 
                            ("Trakm8" or the "Group") 
 
                                 Trading Update 
 
Trakm8, the AIM-listed designer and developer of GPRS based hardware and 
software for the vehicle placement and security market, is pleased to provide an 
update on trading for the year ended 31 March 2010. 
 
In the Chairman's statement at the Company's AGM on 20 August 2009 and in the 
Company's interim results announced on 19 November 2009, the Board confirmed the 
Company's progress toward sustained profitability and continued positive 
momentum in challenging economic conditions. 
 
The Board is therefore delighted to announce that the Company's performance for 
the second half of the year has continued in line with its expectations, with 
profit and cash both showing improvements compared to the first half of the 
year. 
 
The Company expects to announce its preliminary results for the year ended 31 
March 2010 in early July 2010. 
 
John Watkins, CEO of Trakm8 commented: 
"The Company has worked hard to maintain the progress achieved during the first 
six months of the year and we are therefore very pleased to report a continued 
improvement in the Company's performance.  We are seeing increased demand for 
our products, accompanied by professional services, and the Board is confident 
in the outlook for the new financial year" 
 
For further information please contact: 
 
Trakm8 Holdings plc 
John Watkins, Chief Executive Officer                         01747 858444 
James Hedges, Finance Director 
 
Arbuthnot Securities Limited 
Alasdair Younie/Richard Johnson                                 020 7012 2000 
 
Tavistock Communications 
Simon Hudson 
  020 7920 3150 
 
END 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 TSTSEMFISFSSEDL 
 

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