01/10/05 - Managing Director appointment

Managing Director appointment
Tracsis is pleased to announce it has today appointed John McArthur as Managing Director with immediate effect.

John was previously an investment manager with Techtran Group which is responsible for overseeing the commercialisation activities at the University of Leeds. Prior to working at Techtran John worked for Arther Andersen & Co. and Axiomlab Plc working with a variety high technology businesses.

15/09/05 - Additional rail pilot announced

Additional rail pilot announced
Tracsis has secured a further revenue generating evaluation pilot of 'TrainTRACS' with a major cross country train operator. If successful, the pilot could see a fundamental way in which all future crew planning operations are carried out and should enable large scale performance improvements to operational and franchise bid planning activites.

30/08/05 - Tracsis signs up new TOC

Tracsis signs up new TOC
Tracsis is pleased to announce it has today agreed terms with a major regional train operating company to pilot and evaluate the TrainTRACS software. The evaluation will last until December 2005 and include key members of the clients train planning and performance personnel.

29/07/05 - Pilot extension

Pilot extension
Following successful results from an initial 3 month software evaluation, Tracsis is pleased to announce the extension of commercial trials of the TrainTRACS software with a major rail client.

The additional work is a natural progression to the pilot first announced back in April.

10/07/05 - Business Initiative of the Year Award

Business Initiative of the Year Award
Tracsis have come second in the Business Initiative of the Year Award hosted by the University of Leeds. The business wins a cash prize and will benefit from an enhanced profile through the University press. Tracsis will automatically be entered into the national Times Higher Business Initiative competition.

25/05/05 - Launch of new customer support service

Launch of new customer support service
Tracsis plc is pleased to announce the introduction of a dedicated customer support service that will formally launch on 6th June 2005. The service will provide rapid response support to superusers of the BusTRACS and TrainTRACS software. In keeping with their approach to customer service, Tracsis have pledged to avoid the use of any automated telephony systems and IVRs.

29/04/05 - Tracsis wins additional rail pilot

Tracsis wins additional rail pilot
Tracsis is pleased to announce that it has won an additional revenue generating pilot for its TrainTRACS software suite. The pilot, which will run with a one of the UK's most popular train operators, is set to last 3 months prior to a decision being made to implement the system on a long term basis.

13/04/05 - ISO 9001:2000 certification

ISO 9001:2000 certification
Tracsis is pleased to announce it has been granted the quality assurance standard ISO 9001:2000. The award is testiment to the company's success over the past year and its dedication to providing a quality service to major transport operators worldwide.

25/03/05 - Tracsis strengthens software offering

Tracsis strengthens software offering
Tracsis is pleased to announce it has today releasd a new version of TrainTRACS for UK rail operators.

Tracsis plc is pleased to announce the launch of a new data extraction tool to assist train operating companies in moving key information between Voyager Plan, Train Plan and TrainTRACS. The tool has been successfully piloted with a major TOC and is set for general release later this year.

14/02/05 - Tracsis closes new rail deal

Tracsis closes new rail deal
Tracsis plc is pleased to announce it has won a lucrative new contract with a major operator of transport services in the UK bus and rail market. The contract will see the TrainTRACS software suite being used by several other UK TOCS.

20/01/05 - Tracsis shareholder acquired by IP Group Plc

Tracsis shareholder acquired by IP Group Plc
The University of Leeds’ commercialisation partner, Techtran Group Ltd, has been acquired by IP Group Plc in a deal which values Techtran at £20 million. Techtran has been the University’s sole technology transfer partner for two years after it signed a groundbreaking deal to provide outsourced commercialisation services in 2002. IP Group Plc, the AiM quoted company that specialises in commercialising university intellectual property, signalled its interest in Techtran in July 2004, with a £2 million strategic investment. In return, IP Group Plc received a 20% interest in Techtran.

The deal heralds the formation of a powerful new combination that will significantly strengthen the University’s research commercialisation activities. The combined strengths of Techtran and IP Group Plc are compelling: Techtran’s key strengths lie in early stage technology transfer, company building and business development. It has clear management processes that have enabled the creation and growth of thirteen spinout companies from the University of Leeds, a wide patent portfolio and a range of licensing deals and industrial partnership agreements. IP Group Plc has an exceptionally strong balance sheet, enormous financial expertise, a strong market presence and an outstanding track record in fundraising and exiting spinout companies to the public market.

IP Group Plc entered into its first university partnership with the University of Oxford, and subsequently agreed partnerships with the University of Southampton, Kings College London and the University of York. IP Group Plc and the University of Leeds have already entered into discussions with respect to the establishment of a £5 million venture capital fund for University of Leeds spinouts. The Techtran team will remain at their offices at Leeds Innovation Centre adjacent to the University campus, with Chief Executive Alan Aubrey and Chief Operating Officer Dr Alison Fielding each taking a seat on the IP Group Plc Board.

For more information please visit:http://www.ip2ipo.com/