Trakm8 Holdings PLC Contract win (3389N)
August 08 2017 - 1:00AM
UK Regulatory
TIDMTRAK
RNS Number : 3389N
Trakm8 Holdings PLC
08 August 2017
TRAKM8 HOLDINGS PLC
("Trakm8" or the "Group")
Trakm8 Awarded Calor Gas UK Integrated Telematics Supply
Contract
Trakm8, the AIM quoted telematics and data provider to the
global market place, is pleased to announce it has been awarded a
five year contract by Calor Gas UK in conjunction with its reseller
partner Dakota Integrated Solutions (www.dakotais.co.uk), to supply
the RoadHawk 600 integrated camera and telematics solution with
tachograph download, driver behaviour and data analytics.
The contract is valued at in excess of GBP1.3m and the units
will be deployed during 2017.
John Watkins, Executive Chairman of Trakm8 commented:
"We are delighted to be awarded this contract with Calor. It is
another major customer to move forward with our latest integrated
camera and telematics proposition and it provides additional
visibility for current year revenues and profitability."
-ends-
For further information please contact:
+44 (0) 174 785
Trakm8 Holdings plc 8444
John Watkins, Executive Chairman
James Hedges, Finance Director
+44 (0) 20 7220
finnCap (Nomad and broker) 0500
Ed Frisby / Simon Hicks -
corporate finance
Tim Redfern / Richard Chambers
- corporate broking
+44 (0) 20 3128
MHP Communications 8100
Reg Hoare / Charlie Barker
About Trakm8
Trakm8 is a UK based Big Data company supplying telematics-based
solutions and data insight to the global market. Through IP owned
technology, The Group analyses billions of miles worth of data to
create and fine tune algorithms. These are used to produce
telematics based solutions that score driver behaviour, monitor
vehicle health and continuously improve the security and
operational efficiency of both private drivers and company
fleets.
The Group's product portfolio includes cameras (including the
recently launched integrated telematics camera), self-installed
telematics units and technology to eliminate distracted driving due
to mobile phones.
Headquartered in Dorset with a manufacturing facility in the
West Midlands, the Group supplies, through its dedicated business
units Fleet, Optimisation, Insurance and Automotive, many
well-known customers in the UK and internationally including the
AA, Saint Gobain, EON, Direct Line Group and Young Marmalade.
Trakm8 has been listed on the AIM market of the London Stock
Exchange since 2005.
www.trakm8.com / @Trakm8
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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