ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

QTR Quiktrak

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
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
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Directorate Change

09/02/2004 7:00am

UK Regulatory


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

1 Year Quiktrak Chart

1 Year Quiktrak Chart

1 Month Quiktrak Chart

1 Month Quiktrak Chart

Your Recent History

Delayed Upgrade Clock