CURRENT PRICE 2.00-3.00 PENCE
TRADES OVER 60,000 SHARES ARE DELAYED IN REPORTING BY 1 HOUR.

"QuikTrak will serve the community by providing secure, reliable and flexible tracking and messaging services"

http://www.quiktrak.co.uk

Substantial Share holdings updated on 14 June 2004.

Chris Kyriakou 19,241,056 (updated on 9 July 2004)
(including interest held through Investika
Ltd)
Guido van Alphen 671,989 (updated on 9 July 2004)
Charles de Chezelles 1,000,000 (updated on 9 July 2004)
Brian Parritt 682,825 (updated on 9 July 2004)
John Scott 998,334 (updated on 9 July 2004)
Damelian Automobile Limited 5,935,483
HSBC Global Custody Nominee (UK) 4,373,333
Productive Nominees Limited 3,348,400
Westpac Custodians Nominee 2,857,162
Philip Securities (UK) Nominees 2,630,084
SST Partners Pty Limited 1,865,437
________________________________________________________________________________
INTERIM RESULTS

QuikTrak Networks PLC
20 September 2004

QuikTrak Networks Plc

Interim Results

For the six month period ended 30 June 2004

The first six months of this financial year have presented the Company with some
major challenges.

Following the commercialisation of the M25 Network in late 2003, the Company
found that the market demand for a network limited to within the M25 was
incompatible with the operating costs being incurred, in particular the level of
spectrum fees being paid, which were for a national UK telecommunications
licence. Given the intense competition in the sector and the variety of
technologies on offer, it is now clear that a fundamental component of a
successful business plan is the ability to offer UK national coverage. The
establishment of such a network for QuikTrak would require a significant amount
of capital and we have to date not been successful in securing these funds,
despite sustained efforts.

Following a review of the costs incurred in operating the M25 Network, the Board
resolved it was not in shareholders' interests to continue to do so. As a
result, the Company's wholly-owned subsidiary, QuikTrak Telecommunications (UK)
Ltd (QTT), was placed into administration on 23 August 2004. The ability of
QuikTrak Networks plc to pursue its broader objectives is not impacted by this
decision.

During the six month period, the Company generated revenue of 157,002 (2003 :
26,025). The loss for the period was 2,589,940, which includes writing off
the value of the net assets in QTT to nil (2003 : loss of 1,471,848).
Included in the consolidated balance sheet at 30 June 2004 are assets of QTT
amounting to 1,142,642, offset by liabilities of QTT of the same amount.

The Company has refocused its operations in order to enable it to exploit the
Intellectual Property Rights of the technology and its unique software in
Europe, the Middle East and the countries of the former USSR through network
sales and licensing arrangements. In order to be able to demonstrate the
technology, the Company has negotiated the right to use a QuikTrak network
currently operating in Australia, at a substantially lower cost than the
operating costs of the M25 network.

In July 2004, the Company raised new equity of 800,202 (net of costs) to
finance this revised strategy.

Progress continues to be made in selling a licence agreement to a prospective
operator in the United Arab Emirates. This is the first example of QuikTrak
utilising the Intellectual Property ownership of its system and is intended to
act as a blueprint for all future licensing deals in Europe, the Middle East and
the countries of the former USSR. Licensing deals are expected to provide a
revenue stream through consultancy fees for preliminary investigations,
technical planning, acquisition of base-stations and software, as well as
through monthly technology, licence and technical support fees per base-station
and transponder deployed.

QuikTrak's secure, accurate and reliable tracking technology has been well
received by the market for a wide range of applications and I remain confident
that with our new approach based on licensing and partnerships we have a solid
base for re-building shareholder value.

Chris Kyriakou
Chairman
QuikTrak Networks plc

For further information contact:
Annie Richards QuikTrak Networks Plc Tel: 0870 010 6044
Hugh Oram Nabarro Wells & Co Ltd Tel: 020 7710 7400

Still waiting for Sue to back up her 40% claim - which she can't but it looks good as long as no one queries it.

Is Dil' short for dildo ?

Diligent I believe?

Believe me, its Dildo !

Does your name begin with an "F"?

Welcome to the thread arty. Great first comment.

Got anything useful to say?

Hmmmm I'd heard Dil was a stuck up c**t, but artey's posts are just silly.

;-)

Who's Holly Valance?

She's the Quik Trak to an early heart attack.

;-)

Chocolat, your wish is my command :-)

See why I stopped watching ???

Gausie fcuk off :-)

Kayak,
wrong photo!! that`s one of suehelen, isn`t it???

Very Interesting Online quotes : Comdirect.

Online buy set at 250,000 shares at 1.15 pence

Online sell set at 225,000 shares at 1.17 pence.

Tick up on the offer to 1.50 pence.

The bid price also ticked up to 1.25 pence for a while before going back to 1.00 pence (see chart in header post).

RNS Number:2733C
QuikTrak Networks PLC
24 August 2004

24 August 2004



QuikTrak Tracking Technology



The Directors of QuikTrak Networks plc (AIM: "QTR") announce that QuikTrak has
significantly reduced its overheads in order to enable the Company to exploit
the Intellectual Property Rights of the technology and its unique software.
Following the recent private placement, the Company has the necessary cash
resources to pursue its business strategy of securing licence agreements with
prospective operators in Europe, the FSU and the Middle East.

Following a review of the costs incurred in operating the Phase I network as a
demonstration network, the Board has resolved it is not in shareholders'
interests to continue to do so. As a result, the Company's wholly-owned
subsidiary, QuikTrak Telecommunications (UK) Ltd (QTT), has been placed into
administration. In order to be able to demonstrate the technology, the Company
has negotiated the right to use a QuikTrak network currently operating in
Australia, at a substantially lower cost.

The ability of QuikTrak Networks plc to pursue its objectives is not impacted by
this decision.

QTT has appointed Simon Thomas and Trevor Binyon of Tenon Recovery to act as
joint administrators. Thomas commented, "We are pleased to be involved and are
highly confident we can capitalise on the current position reached through many
years of developing this unique technology and secure a suitable buyer for the
existing Greater London/M25 QuikTrak network." Any parties interested in
purchasing the business and assets of QTT should contact either Tenon Recovery
or their agent, Edward Symmons & Partners, whose details are below.

Further to the announcement made on 25 June 2004, progress continues to be made
in securing a licence agreement with a prospective operator in the UAE. This is
the first example of QuikTrak utilising the Intellectual Property ownership of
its system and is intended to act as a blueprint for all future licensing deals
in Europe, the FSU and the Middle East. These are the three primary geographic
areas within which the Board is currently exploring opportunities and where they
have broad commercial experience. Licensing deals will provide a revenue stream
through consultancy fees for preliminary investigations, technical planning,
acquisition of base-stations and software, as well as through monthly
technology, licence and technical support fees per base-station deployed.


- ends -




For further information:

Guido van Alphen/Annie Richards Ana Ribeiro/Justine Howarth
QuikTrak Networks plc Parkgreen Communications
+44 870 010 6044 +44 20 7493 3713



For further information regarding QuikTrak Telecommunications (UK) Ltd:

Simon Thomas/Trevor Binyon Roland Cramp
Tenon Recovery Edward Symmons & Partners
Sherlock House 2 Southwark Street
73 Baker Street London Bridge
London W1U 6RD London SE1 1RQ

Tel: +44 20 7935 5566 Tel: +44 20 7955 8454
Fax: +44 20 7935 3512 Fax: +44 20 7403 1947








This information is provided by RNS
The company news service from the London Stock Exchange
END

MSCBLGDIDGDGGSS

Nice release, should see further gains tomorrow. Price finished 11% up after the news release at 16.07 hours.

AFX release :

LONDON (AFX) - QuikTrak Networks PLC said it has placed its wholly-owned
subsidiary QuikTrak Telecommunications (UK) Ltd into administration as a result
of costs involved in rolling out the first phase of its tracking technology.
In order to be able to demonstrate the technology, the company said it has
negotiated the right to use a QuikTrak network currently operating in Australia,
at a substantially lower cost.
"The ability of QuikTrak Networks to pursue its objectives is not impacted
by this decision," the company said.
It said progress continues on the possibility of securing a licence deal
with a prospective operator in the UAE.
bam

CEO getting good at placing things into administration.

Now, let me get this straight.

QTR has negotiated to use the Australian system, which was presumably that used by the company that went into administration under the same "management".

This is fishy beyond words if I've got it correct.

I've been looking at the share price perfomance since this thread started on 29th June and at today's closing price, the value of anybody's holding has halved.

It's not looking good really, is it?