30th May 2017
Trakm8 to supply telematics to construction equipment experts, Mecalac
Trakm8, the AIM-listed telematics and data provider, is pleased to announce it has been awarded an initial contract by Mecalac Construction Equipment UK Ltd (previously Terex GB), the global equipment solutions provider.
The partnership, based on supplying a minimum 2,000 units over the first three years, will commence from June 2017. As part of the agreement, products will be sold to Mecalac customers worldwide.
Trakm8 will provide the latest generation T10 telematics device, which is manufactured in the Group's UK manufacturing facility. Data supplied is based on Trakm8's Asset solution to monitor the machines health and usage based on Trakm8's extensive automotive diagnostic knowledge. The Telematics devices will be fitted on the Mecalac manufacturing line to full automotive standards.
John Watkins, Executive Chairman of Trakm8, commented:
"We are delighted to have Mecalac as a customer for Trakm8's construction equipment telematics solutions. This contract provides additional visibility for our expectations for this financial year and beyond."
Lee Aldridge, Programme Manager of Mecalac Construction Equipment UK Ltd, commented:
"Over the past few years, we've seen customer demand for telematics capability increase significantly. By partnering with Trakm8, we can now offer a market-leading, proven solution for customers around the world."