25 March 2009

TRAKM8 HOLDINGS PLC

('Trakm8' or 'the Group')

Contract award with E.ON

Trakm8 (AIM: TRAK), the designer and developer of licensed GPRS based hardware and software for the vehicle placement and security market, is pleased to announce the award of Preferred Supplier status for a significant contract with the utility group E.ON UK plc ("E.ON").

Trakm8 will supply a complete vehicle tracking solution to E.ON for initially up to 3,000 of its fleet of commercial vehicles. The contract will be for a period of five years and it is estimated that it will lead to significant revenues in the first 12 months alone. Trakm8 will be supplying hardware based on its market leading T6 hardware, including CAN ('Controller Area Network') based communications and the TRAKM8 SWIFT™ operating platform. Integration work will be undertaken to meet E.ON's specific requirements.

John Watkins, CEO of Trakm8 commented, '"We are very pleased that E.ON has awarded this contract to Trakm8 and this is a further indication of Trakm8's continued progress as a leading supplier of vehicle tracking and remote diagnostics solutions It also represents an endorsement by a major vehicle operator of the quality and competitiveness of our hardware and software."  

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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.