Regulatory news

Regulatory news

North American Pilot

Tracsis plc

("Tracsis" or the "Group")

North American Pilot

Tracsis plc, a leading provider of software and technology led products and services for the transportation industry, 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."

For more information please contact:

John McArthur/Max Cawthra, Tracsis plc

Tel: 0845 125 9162

Katy Mitchell, WH Ireland Limited

Tel: 0161 832 2174

Rebecca Sanders Hewett/Jenny Bahr, Redleaf Polhill

Tel: 0207 382 4730

Tracsis@redleafpr.com