Quartix shortlisted for Private Company of the Year award

Quartix is on the shortlist for Private Company of the Year in this year’s East of England Business Awards.

Judges are currently undertaking interviews, and the winner will be announced during a glittering awards dinner at Queens’ College, Cambridge on March 18. Among those expected to attend the Oscar-style event is Business Secretary Lord Mandelson and global technology ‘heavyweights’ representing Cambridge Tech Cluster.

Event organiser Business Weekly reports: “Vehicle-tracking specialist, Quartix, has defied immense problems within its own industry.

“Its tracking system offers real-time tracking on the internet as well as a large array of management information and reports by e-mail.

“The company has more than 2,000 fleet customers in the UK and tracks over 20,000 vehicles.

“In the past 12 months the market for tracking systems has collapsed by 50 per cent following a fall in sales of new commercial vehicles and the dearth of lease finance.

“Despite this, Quartix has registered growth in sales, installations and profits in 2009 and the company is on track to achieve more than £2m profit by year-end.”

Last year Quartix received both the Van Fleet World 2009 Innovation Award and the Institute of Transport Management’s Vehicle Tracking Solutions 2009 Award, and in August became a Fleet News Readers Recommended company.