Equity management group, Symphony Equity Investments Limited (SEIL – owners of TriscanSystems Limited), is extremely pleased to confirm its continued investment and belief in the Lancashire based technology company (Triscan). A number of changes have been made within the business to correspond with this announcement; Managing Director Simon Hollingsworth has now left the company to pursue other business interests, whilst David Lamont, who is a director of SEIL, will take over as Chief Executive. David brings a wealth of business experience to the high profile fuel management business and is already instigating a number of short to medium term actions to ensure long term success for staff and shareholders.
Whilst for some time now the economic indicators for business are generally acknowledged as poor (and it is clear that this is set to continue for the foreseeable future) the market drivers for the transport technology sector remain positive; managing fuel consumption and carbon reduction programmes are key strategic imperatives backed up by government initiatives.
The SEIL board of directors acknowledges these factors and remains positive that Triscan has a number of strengths to enable it to compete successfully in the coming months and years. The sales team will continue to be strengthened to ensure that the high profile brand name and product benefits messages get translated into sales orders.
David Lamont comments – “Triscan has an extremely rich customer portfolio that includes some of the biggest and most well known company’s in the UK; a recent order from one of the largest players in the supermarket arena is testament to the faith that customers have in our business to deliver added value and a significant return on investment”.
Triscan will be using the Commercial Vehicle Show as its main launch platform to showcase a number of exciting new products and services. The company is known to have spent the last 12 months pursuing ambitious product development plans and claims to have a bigger story to tell than any of its direct competitors. Finally, the board of Symphony Equity Investments Limited has already communicated its confidence in the Triscan management team and staff to implement changes that will deliver results in increasingly uncertain times.