Trakm8 Holdings PLC Contract Award (9175R)
03 Luglio 2020 - 8:00AM
UK Regulatory
TIDMTRAK
RNS Number : 9175R
Trakm8 Holdings PLC
03 July 2020
3 July 2020
TRAKM8 HOLDINGS PLC
('Trakm8' or 'the Group' or 'the Company')
Contract Award
Further to the announcement of 27th April, Trakm8 Holdings plc
(AIM: TRAK), the global telematics and data insight provider, has
now agreed the fleet optimisation contract with a major UK food
retailer that had been expected in March but was delayed due to the
COVID19 outbreak. The contract is initially for 2 years and
utilises Trakm8's market leading algorithm to optimise home
deliveries. There will be some initial customer funded engineering
integration activity in advance of product going live later in the
year.
- Ends -
For further information:
Trakm8 Holdings plc
John Watkins, Executive Chairman Tel: +44 (0) 1675 434 200
Jon Furber, Finance Director www.trakm8.com
Arden Partners plc (Nominated Adviser Tel: +44 (0) 20 7614 5900
& Broker)
Paul Shackleton www.arden-partners.com
Notes to Editors
Trakm8 is a UK based technology leader in fleet management,
insurance telematics, connected car, and optimisation. Through IP
owned technology, the Group analyses data collected by its
installed base of telematics units to fine tune the algorithms that
are used to produce its' solutions; these monitor driver behaviour,
identify crash events and monitor vehicle health to provide
actionable insights to continuously improve the security and
operational efficiency of both company fleets and private
drivers.
The Group's product portfolio includes the latest data analytics
and reporting portal (Trakm8 Insight), integrated
telematics/cameras/optimisation, self-installed telematics units
and one of the widest ranges of installed telematics devices.
Trakm8 has over 245,000 connections.
Headquartered in Coleshill near Birmingham alongside its
manufacturing facility, the Group supplies to the Fleet,
Optimisation, Insurance and Automotive sectors to many well-known
customers in the UK and internationally including the AA, Saint
Gobain, EON, Iceland Foods, Scottish Power, Direct Line Group,
LexisNexis and Ingenie.
Trakm8 has been listed on the AIM market of the London Stock
Exchange since 2005.
www.trakm8.com / @Trakm8
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
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END
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