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

Pretty sad Dil for taking your deramping to ADVFN and suggesting I invent AFX stories, when MoneyAm have clearly provided the AFX for QTR after their results came out.

Dil - 21 Sep'04 - 00:07 - 5 of 11


Well if you were a bank manager and knew the history of this company would you lend them money ?

Can't see anyone stumping up for another rights issue either.

Doomed they could well be.

Kayak - 21 Sep'04 - 00:11 - 6 of 11


Oh, so that's what this new facility is for :-)

Kayak - 21 Sep'04 - 00:11 - 6 of 11




Dil - 21 Sep'04 - 00:17 - 7 of 11


Eh ?

:-)

Dil - 21 Sep'04 - 14:10 - 8 of 11


Rally over , no money , no contracts and NO BLOODY HOPE !!!



Smallchange - 21 Sep'04 - 14:29 - 9 of 11


you going long or short Dil...personally I'm just gonna watch.


Dil - 21 Sep'04 - 14:55 - 10 of 11


Neither sc , just giving an alternative viewpoint to that of a few muppets on the fbb.

Dil - 22 Sep'04 - 10:39 - 11 of 11


Optimist23 on the fbb even appears to be making up his own AFX news releases ... what a muppet that guy is !

SueHelen - I followed that link and there are no AFX items other than the results announcement !

Thank you Hotei.

There is no news item Sue , you are talking more boll*x as far s I can see. AFX news items are all listed against the stock , there is nothing listed against QTR.

Give us a link that works or own up to the fact you made it up.

Can anyone else see Sue's news item ?

Oh and while your here , could you confirm for your adoring fan (xmortal) that revenue from continuing operations was ZERO ?

Cheers

Type QuikTrak and select AFX on date 20 Sept 2004. Its there and will come up. Don't enter the symbol QTR, nothing will come up.

Here it is from MoneyAm News again :

QuikTrak Networks H1 losses narrow
AFX


LONDON (AFX) - QuikTrak Networks PLC posted slightly narrower interim losses of 0.31 mln stg from losses of 0.52 mln a year earlier as sales increased to 157,002 stg against 26,025 stg last time.

The group said its tracking technology has been well received by the market for a wide range of applications and its new approach based on licensing and partnerships gives it a solid base for the future.

'Progress continues to be made in selling a licence agreement to a prospective operator in the UAE,' the company said.

'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.'

It added: '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.'

bam

I'm sure Ian of MoneyAm can clarify the AFX release and as a result prove that Dil is just a deramper who has wasted two months of his life deramping these here and on advfn, spending vast of amount of time on both boards and using new permuations all the time to assist him.

I have and it says no matching articles.

Appears only you can see it , no fcuk off and stop wasting my time as I aint in the best of moods.

I think Dil is posting under multiple alias's on here.

No i aint.
Dil

which aliases would those be ?
Dom

PS - found it - sorry Dil

http://www.moneyam.com/action/news/showArticle?id=435684

http://www.moneyam.com/action/news/showArticle?id=435684

OK sorry Sue , just incompetent and not lying.

Sorry Dai , not tonight , will explain another time mate.

So you can move onto a new permutation now Dil to aid your deramping. See you around. The AFX is clearly visible, an apology would be nice for calling myself a liar.

I'm out shopping tomorrow, will you do the same, or are you going to be juggling the deramping of QTR on the advfn thread and moneyam thread simultaneously as you have been doing. I never thought that someone could have that much spare time on their hands. Baffles me though, you've been working very hard for the last 2 months on your deramping but the price is still roughly the same since you first appeared. I think you need to work a bit more harder.

Enjoy your day tomorrow and coming days in front of the computer, at it again. Goodluck.

Good News :

The Normal Market Size (NMS) has been increased again and is at 10,000 now from 5,000. So 6*10,000 = 60,000. Trades over 60,000 shares will be delayed in reporting by 1 hour whereas it was trades over 30,000 shares before.

Where is dil down with the i've been proved wrong bug,looks like free country, free speach does not apply to him after all.And well done to SueHelen.

Dil - She is gone to put some lip stick on, she will be back

At least Dil can admit mistakes!

I fail to see why an increase in the NMS should be "good news".

Could someone enlighten me please?

Al,

NMS is based upon average daily volumes.

Higher daily volumes = greater liquidity = tighter spreads = more chance that Sue can cut her losing position.

That's the theory anyway.

:o)

;-))

I apologised john50 , and next time either you Sue or xmortal are in the S. Wales area then get in touch and I'll buy you lunch and apologise in person , can't say fairer than that.

But as your all a bunch of ramping , lying , bull sh*tting twats that no one has ever met I doubt I'll ever have the pleasure.

Regards