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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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Quiktrak | LSE:QTR | London | Ordinary Share | GB0031988057 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
RNS Number:1417V QuikTrak Networks PLC 09 February 2004 Directorate Changes QuikTrak announces new UK Group Chief Operating Officer London, 9 February 2004 - QuikTrak Networks plc (Ticker "QTR"), the secure tracking and data messaging network operator, today announced the appointment of Guido van Alphen as Group Chief Operating Officer and the resignation of John Landels as an executive director. Van Alphen joins from QuikTrak Netherlands where he has successfully secured the Dutch spread-spectrum licence, signed customers for the Dutch network including the Dutch Police and a leading healthcare organisation, the WoonZorg Groep. Van Alphen was also responsible for the procurement of QuikTrak's new web-based service and user hardware through QuikTrak technology partners ProLine b.v. and Cosetec b.v. Prior to joining QuikTrak, he was a director at the former CSS, one of Holland's major telecommunications companies. He is currently aDirector of ExperTel, an international corporation established to provide expertise to prevent telecommunications fraud. ExperTel provides specialised mobile network and IT skills, as well as intelligence to international police forces and Criminal Intelligence Departments. John Landels, who served as a Director on the QuikTrak board, has resigned following his desire to retire and terminate all current business commitments. Chris Kyriakou, Executive Chairman, QuikTrak added: "Guido's international expertise is invaluable to us at this stage of our development and he brings considerable commercial experience and knowledge of the market to the company." - ends - For further information: Chris Kyriakou/Annie Richards QuikTrak Networks plc +44 870 010 6044 James Chandler Beattie Financial +44 20 7398 3308 Notes to editors QuikTrak QuikTrak is a telecommunications business that specialises in secure, reliable and low-cost location, real-time tracking and mobile data communications. The Company provides solutions for locating and tracking vehicles, people and mobile assets through a terrestrial positioning network based on patented technology. QuikTrak is able to locate objects or people that may be hidden from view; unlike GPS-GSM systems it is almost impossible to jam and does not require ' line-of-sight'. This difference not only makes QuikTrak more effective and more secure than existing tracking technologies but the system provides a lower cost alternative to other tracking solutions available in the market. QuikTrak Technology Applications The potential applications for the technology are diverse, but currently QuikTrak is focussing on a number of key areas including: Lone Worker Protection - tracking of individuals who work alone such as emergency services workers. The QuikTrak technology is to be trialled by a number of UK police forces, local councils, service organisations and Primary Health Care Trusts. Commercial Fleet and Personnel Management - tracking of commercial vehicles such as courier or freight companies. In this market the QuikTrak technology is currently being trialled by companies such as a leading London-based courier company and utility and services organisations. Security Systems - such as asset security (for example cars, motorbikes, plant and equipment) and alarm systems. In this market QuikTrak is currently being trialled by a number of high profile companies. QuikTrak Revenue Model QuikTrak earns revenue from the sale of the tracking/messaging device. Ongoing revenue is then secured by charging a recurring annual connection fee and for ' airtime usage.' The business model aims to partner with service providers in specific sectors rather than seek to sell directly into the sector. This information is provided by RNS The company news service from the London Stock Exchange END BOADQLFBZLBBBBX
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