RNS Number:9597H
CybIT Holdings PLC
31 January 2005





                               Cybit Holdings PLC

                            ("Cybit" or "the Group")


                      #650,000 sales for extended services



Cybit, one of the UK's leading online telematics service providers, today
announces that initial sales of the General Packet Radio Service (GPRS)
extension to its real-time fleet tracking and asset management system have
reached #650,000 in the six weeks since launch on 1st December 2004.



This new extension to the Group's modular Fleetstar-Online solution offers
real-time information to support fleet tracking and alert monitoring together
with next generation capabilities including new "Find Nearest Vehicle"
functions. These new capabilities, underpinned by Cybit training and consulting
services, deliver enhanced return on investment opportunities through the
implementation of the most appropriate hardware and software solutions from
within the Cybit portfolio.



Cybit's modular Fleetstar-Online telematics technology platform is the
industry's first fully-scalable telematics solution - from an entry-level
'reporting-only' solution, offered primarily through Cybit's expanding reseller
channel and available from as little as #20 per vehicle per month, through to
the industry's most comprehensive telematics offering.



Further to the initial contracts of #650,000 announced today, Cybit also reports
a healthy sales pipeline for this broadened offering.





Richard Horsman, Cybit's CEO, commented:



"Cybit's ongoing commitment to delivering enhanced Customer value through best
in class, fully scalable telematics solutions is clearly being demonstrated with
this successful extension to our rapidly expanding portfolio. We intend to drive
the Telematics agenda through continued investment in products and services and
the delivery of tangible returns for users of our solutions."



31 January 2005



Enquiries:


College Hill
Kate Pope                                                 020 7457 2006
Stephen Davie                                             020 7457 2004








About Fleetstar-Online:

Fleetstar-Online is Cybit's scalable Internet-based telematics solution that
features real time vehicle tracking, exception reporting, replay mode,
customised reports, mileage information, SMS messaging and live traffic
information. Fleet vehicles are fitted with a small electronic in-vehicle-unit
(IVU) which is tracked by GPS in real-time and data transmitted to Cybit's
online control centre. It provides companies with a cost-effective ASP-based
fleet management solution, which offers users anytime, anywhere access to the
system via a standard web browser.



Fleetstar-Online also features added value solutions support, with fully
integrated Smartnav satellite navigation and RAC Trackstar Plus stolen vehicle
recovery system functionality.



31 January 2005



Enquiries:


College Hill
Kate Pope                                                 020 7457 2006
Stephen Davie                                             020 7457 2004



About Cybit:

Cybit is a leading Internet-based Telematics Service Provider (TSP) and supplier
of fleet and asset management solutions to the business-to-business sector.
Cybit's solutions portfolio includes vehicle tracking and management, lone
worker support and car pool management. Hundreds of companies across a wide
range of industries already use Cybit's online solutions to improve the
management and control of their fixed and mobile assets. Additional information
is available at www.cybit.co.uk


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

DISQVLFLEFBZBBK

Cybit (LSE:CYH)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Cybit Charts.
Cybit (LSE:CYH)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Cybit Charts.