LONDON--(BUSINESS WIRE)--
Wheelsure Holdings plc (the “Company”)
First Commercial Order Received in Australia
Wheelsure Holdings plc, the ISDX quoted technology company, is pleased to announce that the Company’s principal subsidiary, Tracksure® Limited (“Tracksure”), has received its first commercial orders valued at AUS$25,000 from the John Holland Corporation (John Holland) in Australia.
The orders follow extensive testing and trialling by the customer over a twelve month period and are for the fitting of crossings in the New South Wales area. It is anticipated that a formal Type Approval, as per the recent approval from DB Netz AG in Germany, will follow and facilitate future orders.
John Holland is one of Australia’s leading engineering, contracting and services providers and is part of CCCI, a wholly owned subsidiary of China Communications Construction Company Limited. The customer has extensive railway contracts throughout Australia, both for installation and maintenance.
Gerhard Dodl, Tracksure’s Managing Director, said “we have been working proactively with John Holland for over 18 months now and I am delighted that our business has now moved to the next stage. Australia is a very important market for us and we are confident that this can be the first of many successes in that market”.
The Tracksure product range can be utilised successfully in a variety of applications, including crossings. In addition to Australia, it is already in use in this demanding application in the USA, UK, Italy and Hungary.
For further information on Tracksure, please visit www.wheelsure.co.uk/tracksure/
The directors of the Company are responsible for the contents of this announcement.
For further information please contact:
| Wheelsure Holdings plc | ||
| Gerhard Dodl | 01525 840 557 | |
| Peterhouse Corporate Finance Limited | ||
| Duncan Vasey and Mark Anwyl | 020 7469 0930 | |
7 May 2015