Annual Report and Accounts 2011

For the fourth successive year since IPO, the Group is pleased to report on a period of further sustained growth which has seen significant expansion of the business. Tracsis has developed several new product lines (TRACSRS, TRACS In-Cab and TRACS Studio), made several key hires into the team, and completed the successful acquisition of MPEC Technology Limited. We believe the resulting Group now contains a good balance of consultancy, software and hardware offerings which have led to a further year of record sales and profitability and a growing footprint and reputation within our respective market.