14th Nov 2013 14:18
LONDON (Alliance News) - Tracsis PLC Thursday said that it had been awarded a pilot project with a North American railroad company, with the view of potentially adopting its remote monitoring technology and software.
The pilot project, which Tracsis will deliver with a US-based technology partner, will cover five sites within in the US and should be concluded within six months, said the firm.
Tracsis did not disclose any financial details of the value of the project.
Tracsis provides technology and software for monitoring and data capture in the transportation sector.
Its shares were trading up 4% at 197.00 pence Thursday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright © 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Tracsis