Assignment of Telematics Contracts
11 Septiembre 2009 - 1:00AM
RNS Non-Regulatory
TIDMCYH
CybIT Holdings PLC
11 September 2009
?
Date: 11 September 2009
On behalf of: Cybit Holdings plc ('Cybit', 'the Company', or 'the Group')
Embargoed until: 0700hrs
Cybit Holdings plc
Assignment of Telematics Contracts
Cybit Holdings Plc (AIM: CYH), a leading international provider of telematics
based products and services for the management and control of land and sea based
assets, is pleased to announce that its subsidiary Cybit Ltd has been assigned
contracts to provide telematics services to customers of Integra Telematics, a
subsidiary of GDS Mobile Communications Limited (GDS).
GDS, the mobile communications specialist based in Glasgow, is moving away from
developing telematics based products and services in order to focus on its core
business of providing mobile radio communications. In doing so, GDS has chosen
to assign Integra's telematics contracts to Cybit owing to the scope of Cybit's
solutions, stability as a service provider and the high standard of service
provided to its customers.
Integra's customer base includes a significant number of infrastructure
providers in the local government and construction sectors as well as five large
Scottish councils. The addition of these contracts will consolidate Cybit's
position as one of the leading providers of telematics solutions to Scottish
based customers. As part of the deal, GDS will become a reseller and installer
of Cybit solutions.
Richard Horsman, Chief Executive Officer of Cybit Holdings Plc, said:
"GDS's decision assigning these telematics contracts to Cybit is a clear
indication that the Company is seen as the logical choice for any business
looking to refocus core activities.
"These contracts give us access to a valuable client base and will strengthen
Cybit's position in Scotland, building the Company's local profile and market
share. This further demonstrates our ability to identify opportunities quickly
whilst continuing to provide our customers with a high standard of service."
George Kolasinski (GK), Managing Director of Integra Telematics Limited,
commented:
"The current challenging market conditions have meant that we decided to put our
focus back onto the wider mobile communications market, and sought to offer our
clients a safe choice for their continued telematics services.
"We identified Cybit as the leading player in the market and therefore are
satisfied that it is the safe alternative for our customers. We are pleased that
our customers are going to receive the benefits of working with a world class
company such as Cybit and know that the service provided will be second
to none."
- Ends -
Enquiries:
+-----------------------------------------------------+----------------------------+
| Cybit Holdings plc | www.cybitholdings.com |
+-----------------------------------------------------+----------------------------+
| Richard Horsman, CEO / Kevin Lawrence, FD | Tel: +44 (0) 8456 027123 |
+-----------------------------------------------------+----------------------------+
| | |
+-----------------------------------------------------+----------------------------+
| Redleaf Communications Ltd | cybit@redleafpr.com |
+-----------------------------------------------------+----------------------------+
| Emma Kane / Rebecca Sanders-Hewett/ Anna Dunkin | Tel: +44 (0)20 7566 6700 |
+-----------------------------------------------------+----------------------------+
| | |
+-----------------------------------------------------+----------------------------+
| Cenkos Securities | |
+-----------------------------------------------------+----------------------------+
| Stephen Keys / Liz Bowman | Tel: +44 (0)20 7397 8900 |
| | |
+-----------------------------------------------------+----------------------------+
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 compliance with relevant 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
its 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
consultancy services providing advice 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 fisheries authorities with the necessary tools for managing their
licensed fishing fleets and coordinating the activity of the fisheries patrol
vessels that enforce national fisheries policies throughout the Economic
Exclusion Zone (EEZ). BlueFinger's Saffire-Online system is a solution that
allows race organisers to track the position, direction and speed of vessels 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 tracking
of vessels and other equipment engaged in the exploitation of oil, gas and
mineral reserves around the globe.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRACKKKQABKDFCD
Cybit (LSE:CYH)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Cybit (LSE:CYH)
Gráfica de Acción Histórica
De May 2023 a May 2024
Real-Time news about Cybit Hldgs (London Stock Exchange): 0 recent articles
Más de Cybit Artículos de Noticias