Trakm8, the AIM-listed designer, developer and manufacturer of GPRS based hardware and software for the vehicle placement and security market, has signed a further contract with the Kubota – the market leading manufacturer of tractor, groundcare and construction machinery solutions.
Having supplied the company with Trakm8’s Secure device for the last two years, Trakm8 has strengthened its partnership with Kubota with this new contract. The deal, worth over £340,000, will see Trakm8 supply both its hardware and corresponding monthly subscriptions to the Trakm8 hosted web portal to a range of Kubota’s high performance machines. For Kubota’s customers, this will ensure increased security for their vehicle fleets.
Under the terms of the contract, the majority of the revenue will be realised over the next 12 months,
John Watkins, Executive Chairman of the Trakm8 Group comments: “We are delighted to have further strengthened our partnership with Kubota. The brand is world renowned, having developed a first class reputation for providing the best machinery solutions in the markets it operates in and we are pleased to be supplying quality Trakm8 products to match their high quality plant machinery. Trakm8 invest significantly in developing products and solutions that are at the cutting edge of technology, and the return in investment is apparent when we secure partnerships with customers like Kubota.”
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