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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:6147W QuikTrak Networks PLC 17 March 2004 QuikTrak sign deal with Premier Geografix to develop criminal justice tagging device London, 17 March 2004 - QuikTrak Networks plc (Ticker "QTR"), the secure tracking and data messaging network operator, today announced that Premier Geografix Limited ("PGL"), a leading provider of electronic monitoring technology, will undertake a development programme for a custodial monitoring application using the QuikTrak technology. The partnership will develop a new device that will enhance the way curfewees are monitored within the community. Curfew orders are enforced using electronic monitoring technology and allow prisoners serving between three monthsand four years to be eligible to spend the last part of their custodial sentence on a home detention curfew (HDC), subject to a risk assessment. Curfewees are tagged with a monitoring device, generally attached around their ankle, for between twoweeks and two months depending upon the length of their sentence and monitored for a duration of at least nine hours a day. Over 16,000 prisoners were placed on HDC during the first year of tagging operations in 1999. It is expected the resulting technology from the QuikTrak/Premier venture will be applied across a variety of applications, including tagging existing curfewees, those on bail, as well as an alternative to custodial sentences, particularly where young people are concerned. Chris Kyriakou, CEO of QuikTrak Networks plc commented: "This is another example of the diversity of the QuikTrak technology and the potential for commercial applications. Premier Geografix is a key player in the custodial monitoring market witha successful track record in Home Office electronic monitoring contracts. This is a potentially large market as the Home Office seeks to further develop its tagging applications." - ends - For further information: Chris Kyriakou/Annie Richards QuikTrak Networks plc +44 870 010 6044 James Chandler/ Grace Marriner 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 notonly 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. Premier Geografix Limited (PGL) Previously known as Geografix Limited, the company was acquired by Premier Custodial Group in 1998 in order to support two UK Home Office Electronic Monitoring contract areas that Premier was awarded. PGL has supplied Electronic Monitoring equipment and expertise to three of the four UK Home Office contract areas (approximately 72% of the UK market). Other Power of Criminal Courts (Sentencing Act 2000) Sections 37 and 38 provide for curfew orders enforced by electronic monitoring. Under Section 99 and 100 of the Crime and Disorder Act 1998, prisoners serving between three months and four years to be eligible to spend the last part of their custodial sentence on a home detention curfew (HDC), subject to a risk assessment. This information is provided by RNS The company news service from the London Stock Exchange END JVESFEFUMSLSEDD
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