Regulatory news

Regulatory news

Award of Framework Agreement

Tracsis plc

("Tracsis"; the "Company" or "the Group")

Award of Framework Agreement

Tracsis plc, a leading provider of software and technology led products and services for the transportation industry, is pleased to announce that it has been selected to continue with a significant Framework Agreement for its condition monitoring technology with a major UK customer.

This agreement will be extended for a period of 5 years and grants preferred supplier status. Whilst the agreement does not provide assurances on the timing or quantum of future orders, previous custom under the same agreement has been significant.

John McArthur, Chief Executive Officer commented

"We are delighted to have secured this Framework Agreement renewal for a further 5 years which we believe will lead to further orders of our condition monitoring technology in the fullness of time. The successful renewal is testament to the quality of the technology we supply and our excellent working relationship with our customers."

For more information please contact:

John McArthur/Max Cawthra, Tracsis plc
Tel: 0845 125 9162

Katy Mitchell/Dan Bate, WH Ireland Limited
Tel: 0161 832 2174

Rebecca Sanders Hewett/Jenny Bahr, Redleaf Polhill
Tel: 0207 382 4730
Tracsis@redleafpr.com