Is that the deal TFC was waiting for?

This deal could propel the share price to the much awaited recovery.

"Trafficmaster said it has signed a deal with Peugeot Motor under which Peugeot will offer Trafficmaster's satellite navigation system, Smartnav, to its entire UK model range.

From this week, Smartnav will be available to Peugeot drivers through its 350 dealerships in the UK."

Lots of good press comments has also backed this one up.A great growth/recovery play.

Clive

Belt up .

International

Europe
Trafficmaster has a number of interests in Europe, including a network of fixed sensors in Germany and shares in Mediamobile, the leading French traffic flow data company. In Italy, Trafficmaster has a joint venture with Targa, part of the Fiat group, to operate a floating car data network.

United States of America
Trafficmaster announced its decision in early 2001 that it is to accelerate its push into the US telematics market with the acquisition of Teletrac, Inc. of Vista, California. Teletrac's operations, established in 1988, make it a leading provider of location-based tracking, data and information services in the US metropolitan marketplace. It has operations in Los Angeles, San Diego, San Francisco, Dallas, Chicago, Miami, Orlando, Chicago, Detroit, New York and Washington DC.

The acquisition of Teletrac provides a strong platform for Trafficmaster's expansion in the growing US market and builds on Teletrac's advanced technology, substantial user base and operations in eleven key metropolitan areas. Trafficmaster intends to integrate its own world-leading proprietary technologies, including fixed and mobile sensors, into Teletrac's established wireless network, to enhance Teletrac's capabilities and provide vehicle flow monitoring to supplement its existing services.

Seems to have found a natural level today. The peugot deal obviously brought this stock a lot of attention, what it now needs is a folow up deal soon.