Tracsis announced it has been awarded new contracts for the supply of Remote Conditioning Monitoring ('RCM') Hardware and Software to a major North American transit agency. This win represents a strategically important milestone for Tracsis, as North America is an important future growth market for company Rail Technology & Services division. The first contract win is the result of the successful delivery during 2020 of a Proof of Concept which was followed by an RCM equipment rollout across an initial four sites monitoring c.40 Switch machines. This new contract win includes the enterprise-wide installation of company Centrix data acquisition software platform and the extension to a further 10 sites of RCM equipment which will monitor an additional c.140 Switch machines. Further phases of work across multiple additional sites could follow dependent upon the successful ongoing roll-out of this program of work. The second contract win for the same client is to again supply switch monitoring via company hardware and Centrix platform for a further c.45 Switch machines through a strategic Signalling renewal and station upgrade project. The combination of these two contracts will combine to give RCM for over 200 Switch machines for this client. These new contract wins are expected to be delivered during the remainder of this financial year.