CYH Cybit Hldgs

 

TIDMCYH 
 
 
CybIT Holdings PLC 
02 June 2009 
 
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Date: 2 June 2009 
On behalf of:       Cybit Holdings Plc ("Cybit" or "the Company" or "the Group") 
Embargoed until:    0700hrs 
 
 
 
 
Cybit Holdings Plc 
Cybit awarded contract with Kwik Fit 
 
 
Cybit Holdings Plc (AIM: CYH), the international provider of telematics based 
products and services for the management and control of land and sea based 
assets, is pleased to announce that it has been selected to provide Kwik Fit 
Mobile's tyre-fitting vehicles with web-based fleet tracking. 
 
 
The solution will enable Kwik Fit Mobile to manage and analyse mobile worker 
performance, enhance the organisations employee duty of care provisions and 
provide a range of customer service enhancements to build on Kwik Fit's fast 
growing corporate servicing division. The modular approach of Fleetstar-Online 
provided Kwik Fit with the confidence that the solution can grow alongside use. 
 
 
The use of Cybit's fleet tracking and vehicle data technology to provide 
real-time vision of the fleet away from base will also provide the capability to 
underpin strategic business decisions, reducing cost from their fleets in a 
range of areas, from fuel spend to process and preventative maintenance. 
 
 
Richard Horsman, Chief Executive of Cybit said: 
"We are delighted to be working with the most prominent brands in the commercial 
vehicle servicing market, helping them to bring significant benefits to their 
customers in terms of response times and scheduling. 
 
 
"Telematics is increasingly seen as a valuable cost saving measure, and vital in 
increasing visibility for a business. This contract is testament to the fact 
that Cybit is the trusted partner of choice within the telematics sector and we 
look forward to continuing to impart our strength and experience to our current 
and future customers." 
 
 
Simon Lucas, Operations Director for Kwik Fit Mobile said: 
"We found Cybit to be holistic in their approach, which enabled us to address 
many, if not all, of our concerns around customer service, overhead, managing 
growth, health and safety and the carbon footprint of our fleet. The solution 
will impact all across our mobile business. 
 
 
"We will be using the system to manage the allocation of our mobile workforce, 
ensuring that we allocate the closest and most appropriate resource to a 
customer's premises. This enables us to provide a customer service that is 
second to none, thanks to Cybit. We will also be protecting our employees by 
dynamically monitoring their driving times, speed and behaviour. 
 
 
"Our return on investment will be seen through workforce productivity and fuel 
cost reduction. Our sector is increasingly competitive and our challenge is to 
maintain competitive advantage by seeking to reduce costs, improve efficiency 
and at the same time provide innovative customer service. The range of 
operational and management tools provided by Cybit's vehicle tracking system 
will assist us manage this." 
 
 
-ends- 
 
 
For further information, please contact: 
 
 
+----------------------------+----------------------------+------------------------+ 
| Cybit Holdings Plc         | Redleaf Communications     | Cenkos Securities Plc  | 
+----------------------------+----------------------------+------------------------+ 
| Richard Horsman, Chief     | Emma Kane/                 | Stephen Keys/          | 
| Executive                  |                            | Elizabeth Bowman       | 
+----------------------------+----------------------------+------------------------+ 
| Kevin Lawrence, Finance    | Rebecca Sanders-Hewett /   |                        | 
| Director                   | Anna Dunkin                |                        | 
+----------------------------+----------------------------+------------------------+ 
| Tel: +44 (0)1480 455489    | Tel: +44 (0)20 7566 6700   | Tel: +44 (0)20 7397    | 
|                            |                            | 1930                   | 
+----------------------------+----------------------------+------------------------+ 
|                            | Email: cybit@redleafpr.com |                        | 
+----------------------------+----------------------------+------------------------+ 
 
 
 
 
 
 
Notes to Editors: 
 
 
  *  Cybit operates within three core sectors:  Vehicle Telematics Solutions; 
  Maritime Solutions; and Private Mobile Radio (PMR) based tracking and precise 
  positioning solutions. Its products and services enable companies to monitor and 
  position mobile assets, manage service level agreements, enhance employee duty 
  of care and comply with legislation. 
 
 
 
  *  In the Vehicle Telematics sector, Cybit is one of Europe's leading Telematics 
  Service Providers (TSPs).  Approximately 2,000 business-to-business clients use 
  our fleet and asset management solutions to manage more than 50,000 mobile 
  assets. Solutions include in-vehicle technologies, workflow management and 
  internet-based monitoring and reporting software. The Company also provides 
  consulting services to advise on legal issues such as duty of care and working 
  hours. 
 
 
 
  *  Cybit's Maritime Solutions business, BlueFinger, is recognised as one of the 
  world's leading suppliers of Fisheries Vessel Monitoring Systems. Bluefinger 
  provides the fisheries authority with the necessary tools for managing their 
  licensed fishing fleets and coordinating the activity of the fisheries patrol 
  vessels that enforce national fisheries policy throughout an Economic Exclusion 
  Zone (EEZ). BlueFinger's Saffire-Online system is ideal for race organisers to 
  track the position, direction and speed of each vessel in ocean going or inshore 
  races. 
 
 
 
  *  Our PMR business, Cybit Positioning Solutions, provides asset-tracking and 
  security solutions for both maritime and land-based applications including 
  exploration and mining. Our precise positioning solutions assist in the location 
  and exploitation of oil, gas and mineral reserves around the globe. 
 
 
 
  *  Cybit's Fleetstar-Online works via an unobtrusive GPS device located inside the 
  vehicle that provides real-time positioning information which is transmitted via 
  O2's GPRS network to Cybit's servers. This data is processed into a broad 
  spectrum of user defined and configurable reports, providing real-time fleet 
  visualisation or historical analysis. The system can be accessed from any 
  web-connected PC. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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