CYH Cybit Hldgs

RNS Number:5962R
CybIT Holdings PLC
22 September 2005


                               Cybit Holdings PLC
                            ("Cybit" or "the Group")

              Cybit launches telematics based Duty of Care module

Cybit has become the first Telematics Service Provider (TSP) to offer proactive
risk management for fleet operators, in a move which could add significant new
product and consulting revenue streams.  The company's new Duty of Care module
is believed to be the industry's first telematics-enabled system which will
provide vehicle fleet operators with the ability to conduct driver and vehicle
risk assessments.

The module is an integral component of the Fleetstar-Online platform, and will
allow companies to address issues raised by the Corporate Manslaughter Bill, by
producing detailed reports highlighting fleet non-compliance such as excessive
journeys, driving licence status, training records and fleet servicing.
Furthermore, the reporting provided within the Duty of Care module can help to
ensure businesses manage their obligations under the Working Time Directive and
therefore minimise risk.  This will allow the company to monitor individual
working patterns, ensuring legislative compliance, and will give an analysis of
working conditions, ensuring health and safety parameters are achieved.

Richard Horsman, Cybit's CEO, commented:

"With the forthcoming Corporate Manslaughter Bill set to arrive during the next
18 months, we're expecting Duty of Care to quickly become a main board issue -
particularly as it is the board directors who will be liable for prosecution,
should their business not take reasonable care for the safety of their
employees.  By offering a telematics-enabled Duty of Care module we can provide
organisations with the core driver and vehicle data they need to manage their
risk effectively, and we can also support companies with specialist consultancy
services designed to help them develop and implement their own Duty of Care
policies and procedures."

In addition to the Duty of Care solution, Cybit will also be introducing a
Driver ID module which will give operators the ability to remotely identify who
is driving a given vehicle at any time.  It will also provide complete control
over exactly which drivers are allowed to drive each vehicle within a fleet, by
confirming a driver's identity through either a personal PIN code, a smartcard
or by using a Dallas key.

When integrated with the Fleetstar-Online Duty of Care module, the system can
automatically control access to vehicles where a valid training certificate is
required or where a driving licence check is overdue.  This capability
over-rides normal access security and provides further risk management
protection from a Health & Safety compliance and corporate Duty of Care
legislation perspective.

"If incorrect driver identification is entered, GPRS-enabled Fleetstar-Online
will immobilise the vehicle, stopping an unauthorised driver putting him or
herself at risk, and removing the threat of litigation against the company if an
accident does occur.  Telematics has a growing role to play in the safe and
considered management of any business that relies on vehicles as part of their
day to day work"  added Mr Horsman.

Cybit's modular Fleetstar-Online technology platform is the industry's first
fully-scalable telematics solution and using GPRS technology allows 24/7 real
time monitoring, which provides a range of management information to help
improve efficiency and reduce costs.

                                                               22 September 2005

Enquiries:

  College Hill
  Mark Garraway                                             020 7457 2007
  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
PRLDGGZLNMDGKZM

Cybit (LSE:CYH)
Historical Stock Chart
From Jun 2024 to Jul 2024

Cybit (LSE:CYH)
Historical Stock Chart
From Jul 2023 to Jul 2024