3 June 2008
TRAKM8 HOLDINGS PLC
("Trakm8" or "the Group")
Resignation of Director
Trakm8, (AIM: TRAK), one of the UK's leading telematics technology and service providers to the global vehicle tracking and security markets, announces that yesterday, 2 June 2008, Timothy Paul Couling tendered his resignation as Finance Director for personal reasons. Tim will remain in post as Finance Director leaving the Company and the Board later in the year. The Board has identified a replacement, whose appointment is expected to be announced when Tim formally leaves the position.
Dawson Buck, Chairman of Trakm8, commented,
"It is with great sadness that the Board has accepted Tim's resignation due to personal circumstances and his decision is completely understandable. Tim has been with the Company for four years and I would like to wish him and his family well for the future".
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For further information please contact:
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Trakm8 Holdings plc Dawson Buck, Chairman Cary Knapton, Chief Executive Officer Arbuthnot Securities Paul Vanstone Tavistock Communications Simon Hudson |
0870 380 0531 020 7012 2000 020 7920 3150 |
About Trakm8
Trakm8, based in Shaftesbury, Dorset is the leading technology provider, designer and developer of GPRS based hardware and software to the vehicle tracking and security market. The Company distributes its hardware and software worldwide through a network of distributors. In addition the Company provides ASP vehicle monitoring and tracking services direct to the B2B market. Trakm8's products allow vehicles and drivers to be monitored, allowing organisations to manage deliveries and services, or track stolen vehicles down to 5 metres.