Tracsis contract could rise to Â£10m in value

'‹Transport software firm Tracsis has won its first major contract in North America in a Â£400,000 deal that analysts described as 'game changing'. Analysts at Shore Capital said the contract is 'a pivotal event that will lead to earnings upgrades and a re-rating of the shares'.

They said that the initial deal is likely to be the first of many orders and over the long term, the contract could be worth £10m or more.

Leeds-based Tracsis produces software that can prevent train delays and derailments.