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

500,000 buy comes through at 2.25 pence from an hour ago....

Tokyo, see my posted article from the Independent on Wednesday.

Lol , must be institutions buying

Whisper is they've done a deal with BT .... they pay by direct debit and BT have agreed not to cut them off

The news is out ...

30th September 2004

Quicktrak

SueHelen is pleased to announce the sale of QTRs first radiolocation device to British telecommunications PLC ('BT'), a leading UK-based supplier of communications devices, great big telegraph poles and red and white stripey tents at major traffic interchanges, in a deal worth 47p over 12 years.

A spokesman for BT said: "We plan on attaching a quicktrak radiolocation transmitting device to our engineers' trouser seats and to their jacket sleeves and once we have equipped each engineer with a location device and suitable training, we believe the engineer will then be able to tell his arse from his elbow. This is a major step forward for the BT business and a giant leap for SueHelen"

A spokesman for QuickTrack said "If you're reading this Dil then: nah nah nee nah nah"

100k dump

Gausie roflmao , my brother works for BT .... sums them up perfectly

Didn't BT also sign the mother of all deals with MMD too before they went down the plug hole ???

DIL. Drop it. you lost this battle.

Gausie/Dil
You two dont arf talk a load of nonsense, you could learn a thing or 2 from the shrewd QTR investors here.
Me, Lionel Ritchie and Buck Rogers are long QTR by the way.
ds.

Blimey Dominic, thats got even me interested, Buck Rogers has visited the 25th Century, what does he know?
Long QTR.

SH,

Cheers for your posts

I hold

Many thanks Sue.

xmortal - What are you thanking Sue for?
She suckered you into buying this way too early....

Anyway, even ignoring the licence cost and technical support costs, QTR spent approx 1mln on admin and sales in the last six months.
Assuming, there is a new contract(no sign of any announcement yet!!) it'll need to be big to make any difference to QTR's appalling cashburn...

Rgds
dell

Delayed sells coming through ... 250k dumped at 2.5p , another loser if you bought in on Sue's 3p rec.

Hey Dil. you are a SAD trannie, been reading your post in ADFVN. Your mascara must be running down your face now, cos you lost this one!!!!

Don't your have company shares you own to spend time in researching? You are so sad your have to go to other threads and start posting crap ideas. why don't you spend your time in something uselful, like taking a trip to London so you leave behing your provicial mind. Visit Selfriges and ask a beautician to give you some make up tips. Cos you make up is lousy.

You wouldn't be interested in the ones I got , they go up.

Dil - I never thanked you for your PDX tip over a year ago when it was 10p. Nice one. That was a 15 bagger, wasn't it?

My pleasure Gausie :-)

yawn yawn. as if it was hard to pick winners 1 1/2 years ago.