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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 | |
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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:2506T QuikTrak Networks PLC 15 December 2003 15 December 2003 QUIKTRAK SECURES MAJOR BIKE SECURITY ORDER QuikTrak Networks plc (Ticker: "QTR"), the secure tracking and data messaging network operator, today announced that Get Bike have placed a major order for its motorbike security device, the QT6090. The Security Device The QT6090 is a covert motorcycle security device that provides real time tracking and alarm monitoring. An alarm activation signal can be sent either direct to the owner via a mobile phone and/or a QuikTrak authorised Monitoring Centre. The QT6090 will automatically arm after the ignition is turned off or when the bike has been left idle after being disarmed. Once armed, the bike's ignition and motion detector are monitored for any activity. Activation of either of these sensors will generate an alarm signal and commence tracking of the bike. Arming and disarming of the device can only be done with an electronically coded tag, unique to each installation. The device is hidden within the bike and is sold through UK motorbike dealerships. Get Bike The Get Bike group of companies offers a 'one-stop' solution for motorcyclists by providing compulsory basic training, sales, insurance and accessories through to advanced rider training, servicing and vehicle security. Chris Kyriakou, CEO of QuikTrak commented: "Following very successful trials by Get Bike of the QuikTrak vehicle recovery system, I am very pleased to announce that a large order has been placed for the motorcycle units. Adding QuikTrak to Get Bike's product range could lead to significant savings for their customers in terms of lower insurance premiums, reduced excess for theft and a greatly increased probability of recovering the motorcycle if stolen. The new QuikTrak bike product has generated a considerable amount of interest with more and more companies requesting to trial the product." - ends - For further information: Chris Kyriakou/Annie Richards QuikTrak Networks plc 0870 010 6044 James Chandler Beattie Financial 020 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 CNTGUGCPPUPWGGA
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