Member Article

Leeds software firm Tracsis announces £2.2m contract

Tracsis plc, a Leeds provider of software and technology to the transportation industry, has announced a £2.2 million order for its remote condition monitoring equipment.

The initial order, which has been placed through the five year Framework Agreement announced on the 21st October 2013, comes from an existing UK client.

It will be fulfilled within the current financial year as per an agreed delivery schedule with the customer.

An order of this magnitude provides the group with additional confidence in meeting current market expectations.

John McArthur, Chief Executive Officer commented: “We are delighted to have won this further major order, which is testament to the quality of the technology solutions we provide and our excellent working relations within the rail industry.

“Given the magnitude of this order, we believe Tracsis is well placed to win further contracts of this nature both within the UK and overseas.”

This was posted in Bdaily's Members' News section by Clare Burnett .