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North American Pilot

24 July 14

<p> Tracsis plc is pleased to announce that following a successful initial period, the North American pilot has now been extended to cover a further six sites in the United States.&nbsp; </p> <p> The initial pilot, which commenced in November 2013, was for potential adoption of the Group's Remote Condition Monitoring technology and associated software by a major North American Class 1 Railroad. &nbsp;This covered five individual sites within the United States where Tracsis hardware and software would be installed and tested over a number of months. As with the original pilot, due to commercial sensitivities the contract value of the additional work will remain undisclosed. </p> <p> <strong>John McArthur, Chief Executive Officer, commented:&nbsp;</strong> </p> <p> "The extension of this pilot to a further six sites is a very positive endorsement of the Tracsis offering and a logical next step as our client gains confidence in the technology and the benefits it provides. &nbsp;We hope that this will pave the way for further successes within the US as our footprint into this territory grows." </p>