North American Pilot
24 July 14
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.
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. 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.
John McArthur, Chief Executive Officer, commented:
"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. We hope that this will pave the way for further successes within the US as our footprint into this territory grows."