Document date: Mon 18 Nov 2002 Published: Mon 18 Nov 2002 11:12:54 Document No: 227830 Document part: A Market Flag: N Classification: Progress Report - Other
QUIKTRAK NETWORKS LIMITED 2002-11-18 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++ Further to previous advice that the Company had entered into a contract with a Korean telecommunications technology Company, Kaicom Co Ltd, to install Phase 1 of a countrywide QuikTrak system in Korea, we have now agreed to commence network design in January 2003. Phase 1 will cover Seoul, Inchon and Kayeonggi and is expected to be completed by mid 2003.
Following the successful commissioning of Phase 1, a whole-of-country network will be progressively implemented.
Kaicom Co Ltd, is the manufacturer of QTMs (the OEM tracking and messaging module) and QPTs (the personal tracking and messaging devices) for QuikTrak in the UK and the Netherlands.