This used to be known as Quicktrack, in view of the rise of mining shares and the restructure of this company, it could be, due to its low price a good moover on the back of some positive news. They have 850,000 cash to persue there new interests in the mining & minerals sector.


RESULT OF SHAREHOLDERS MEETING AND DIRECTORATE CHANGE



The Board of QuikTrak Networks plc (AIM : QTR) announces that all resolutions put to shareholders at todays extraordinary general meeting were approved. Accordingly, the Companys name has been changed to Tarquin Resources plc and application will be made to AIM to change the companys ticker to TQN. This will take effect from Monday 28 February 2005.



In view of the change in the Companys business, Mr John Scott has decided to retire from the board with immediate effect and the directors are very pleased to announce the appointment of Mr Roger Shakesby to the board as technical director, also with immediate effect. Mr Kyriakou said I would like to thank John very much for the enormous contribution he has made to the Company over the past 2 years. At the same time, I welcome Roger and I am delighted to have secured his services given his significant experience in the resources sector.



Mr Shakesby (aged 65 ) holds a BSc in Geology and Geography from Durham University and began his career as a geologist working in Australia and the Philippines. In 1971 he joined Gold Fields, where he was involved and eventually managed the exploration programme for Australia, Philippines, Indonesia and Papua New Guinea. In 1982 he was appointed the general manager for Exploration for Renison Goldfields Consolidated. Under his tenure this company expanded its portfolio with the discovery of several precious metals and base metals deposits. In 1992 he was appointed as a member of the executive committee at Renison Goldfields Consolidated. In 1994 he joined Walhalla Mining Company as a technical director. Since 1998 he has been a consulting economic geologist, working in Australia, Russia and the Philippines. Mr Shakesby is a director of Toledo Mining Corporation plc.



Chris Kyriakou



Chairman



For further information contact:



Annie Richards

Tel: +44 20 7332 2070
QuikTrak Networks plc

Hugh Oram

Tel: +44 20 7710 7400
Nabarro Wells & Co Ltd




25 February 2005



Appendix



Further information on Roger Shakesby



Current

Directorships
Past

Directorships

Shakesby Investments Pty Ltd

Toledo Mining Corporation plc
QuikTrak Networks Ltd

Walhalla Mining Company Ltd






There are no other matters to be disclosed under paragraph (f) of Schedule 2 to the AIM rules.

END





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