TRACSIS PLC

Board/Management Information • Aug 2, 2021

National Storage Mechanism | Additional information

RNS Number : 0710H

Tracsis PLC

02 August 2021

2 August 2021                                                                       

Tracsis plc

("Tracsis" or "the Group")

Board Change

Tracsis, a leading provider of software, hardware, data analytics/GIS and services for the rail, traffic data and wider transport industries, today announces that after three years with the Group Mac Andrade, Non-Executive Director, has stepped down from the Board of Directors with immediate effect, to focus on other interests. The Board thanks him for his service to the Group.

The Group has commenced a search for a replacement Non-Executive Director and a further announcement will be made in due course.

Enquiries:
Tracsis plc	Tel: 0845 125 9162
Chris Barnes, CEO
Andy Kelly, CFO
finnCap Ltd	Tel: 020 7220 0500
Christopher Raggett/Charlie Beeson, Corporate Finance
Andrew Burdis, Corporate Broking
Alma PR	Tel: 020 3405 0205
David Ison/Hilary Buchanan/Joe Pederzolli	tracsis@almapr.co.uk

Notes to editors: 

·    Tracsis plc is a technology company and a leading provider of software and hardware products, data capture and data analytic/GIS services for the rail, traffic data and wider transport industries.

·    Tracsis' products and services are widely used to increase efficiency, reduce cost and risk, improve operational and asset performance, improve safety management and decision making capabilities and improve the overall customer experience for clients and customers. 

·    The Group is split into two principal operating areas built around detailed industry knowledge and expertise:

-     Rail Technology & Services:  Software and technology/product led business. Develops remote condition monitoring hardware, data acquisition software and safety and risk management software for rail infrastructure providers. Software that solves complex resource, asset optimisation and control problems for Train Operators and Smart Ticketing, Delay Repay and other retail software to improve the customer experience for rail users.

-     Data, Analytics, Consultancy & Events: A largely services led business that focuses on data capture, data analytics, GIS, data insights, consultancy and event traffic management within a range of transport and pedestrian rich environments.  The business provides technology/bespoke products and data that underpins large scale intelligent transport system and smart city planning and decision making.

·    Tracsis has a blue-chip client base which includes all major UK transport owning Groups.  The business also works extensively with Network Rail, Train Operating Groups and Companies, the Department for Transport, TfL, multiple local authorities, major outdoor music and sporting event organisers, and a wide variety of large engineering and infrastructure companies.

·    The business drives growth both organically and through acquisition and has made fifteen acquisitions since 2008.

For more information on Tracsis please visit http://www.tracsis.com

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