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

Temper Temper!!!! Dill

Look Dailos this is Sue's thread and if she wants to post crap (the link to the Korean website was a classic) then who are we to argue.

Are these still a buy Sue ?

From the BBC

"Prolific offenders and paedophiles are to be monitored by new satellite technology under three pilot schemes beginning on Thursday. "

Not a mention of QTR ..... what a suprise !

Going bust.

... very soon imo.

Dil
I think SDX is one you follow, a bit of consolidation after the pullback and i may well fill my boots if shes turns up, any thoughts?

edit: Sue Helen, in case you are confused "fill my boots" is a technical term, used by us followers of such famous and great traders, like Mr Ashley James, Len Fairclough, The Blonde Bird from Abba etc etc.

Goes to sleep , falls then shoots up 10% when your not looking. Chucked a few in my SIPP as if the forecasts are met then 380p 18 month target seems reasonable.

Also have a parachute (exit strategy Sue) if it goes wrong Dai :-)

ACE are also worth a look at.

Dil is cat home yet???????????

cheers GF.

Yes but you already know that.

Dil I know you said he was coming back I think last sunday but havent seen any posts on b/boards?.
cheers Gf,.

ps, dont tell me hes postoing on that shares forum thingy?

He said sell QTR :-)

LOL.
GF

Cant believe you lot aint giving Dil some stick over his ACE tip :-)

They are all in it thats why :-)

That 50,000 trade at 1.09p on QTR is a foward buy for next week Dailos when the price will go sub 1p.

A forward buy?
Thats not important, its the size of the trade that is, 50,000 at 1.09P ?, thats a big buy... somebody must know something, i expect they have city contacts, i'm looking to get in monday, fill yer boots.
d.

P.S The Wright Brothers..lol!

:-)

160,000 lobbed at 1p ..... people now grabbing what they can while they can.

Someone bought some !!!

Must have been Robbie Savage!!

Price has pretty much halved since "reaching the bottom".

Hmmmm!

Where is sue helen?