North American Pilot with Class 1 Railroad Company

<p> Tracsis plc is pleased to announce that it has been awarded a feasibility pilot project with a major North American Class 1 Railroad company for potential adoption of its remote condition monitoring technology and associated software. </p> <p> The project will cover 5 sites&nbsp;within the United States, should conclude within 6 months, and is being&nbsp;delivered in collaboration with a US based technology partner following a&nbsp;successful tendering process.&nbsp; The value of this project will remain&nbsp;undisclosed due to commercial sensitivities. </p> <p> This award is a significant&nbsp;step forward in the next phase of the Company’s overseas growth strategy&nbsp;although Tracsis is keen to stress that at this point in time the feasibility&nbsp;project has no guarantee of future sales. </p>