23rd Jun 2006 07:01
Trakm8 Holdings PLC23 June 2006 Immediate release 23 June 2006 TRAKM8 HOLDINGS PLC ("Trakm8" or "the Group") TRAKM8 RANKED NO. 1 EUROPEAN AFTERMARKET TELEMATICS VENDOR Trakm8 Holdings Plc (Trakm8), the AIM listed designer and developer of licensedGPRS based hardware and software for the vehicle placement and security market,is pleased to announce it has been ranked as No.1 European Aftermarket TelematicVendor. The list has been compiled by ABI Research, a leading independent US-basedresearch consultancy. ABI's analysts supply more than 500 industry-leadingorganisations every year with strategic insights. Its opinions appear in themajor media sources of the world and in hundreds of industry-specific tradepublications both online and in print. In compiling the rankings ABI developed a "vendor matrix" to provide a clearunderstanding of vendors' positions in specific markets. Vendors are assessed byABI Research on the important parameters of "innovation" and "implementation"across several criteria, unique to each vendor matrix, such as customer wins,contract awards, global reach, market share, patents, R&D spending, time tomarket, and first movers, among others. The European Aftermarket Telematics Vendor Matrix "Top 8" listing is, accordingto ABI: 1. Trakm8 2. CobraConnex 3. Tracker Network Ltd 4. Trafficmaster Smartnav 5. Siemens VDO Automotive 6. IT IS Navtrak 7. Thales Telematics 8. Fleet Technology Volsatt Cary Knapton, CEO of Trakm8 commented, "It is a great honour for the Company andemployees of Trakm8 to be so rewarded. Furthermore, it endorses the belief wehave in our technology and product portfolio. We continue to strive to improveour service to our customers and we are looking forward with confidence tobecoming a global player in the convergent telematics arena." - ends - For further information please contact: Trakm8 Holdings plc 01747 858 444Cary Knapton, Chief Executive Officer orTim Couling, Finance Director Tavistock CommunicationsChristian Taylor-Wilkinson 020 7920 3150 About Trakm8Trakm8, based in Shaftesbury, Dorset is a leading technology provider, designerand developer of licensed GPRS based hardware and software to the vehicletracking and security market. The Company provides its hardware and softwareworldwide through distributors that allows vehicles and drivers to be monitored,to allow companies to manage deliveries and services, or track stolen vehiclesdown to 5 metres. About ABIFounded in 1990 and headquartered in New York, ABI Research maintains globaloperations supporting annual research programs, intelligence services and marketreports in automotive, wireless, semiconductors, broadband, and energy.For information visit www.abiresearch.com" This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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