AGM Statement

 

TIDMCYH 
 
RNS Number : 4324Y 
CybIT Holdings PLC 
03 September 2009 
 

Date: 3rd September 2009 
On behalf of: Cybit Holdings plc ('Cybit', 'the Company', or 'the Group') 
For immediate release 
 
 
 
 
Cybit Holdings plc 
AGM Statement 
 
 
Cybit Holdings Plc (AIM: CYH) is an international provider of Telematics based 
products and services for the management and control of land and sea based 
assets. At the Annual General Meeting of the Company to be held at 10.30am 
today, Neil Johnson, Non Executive Chairman, will make the following statement: 
 
 
"Cybit remains a leading player in the European Telematics sector. Despite 
challenging market conditions, the Company continues to make solid progress with 
a number of key contract wins announced during the first part of the year. 
 
 
"As previously notified, the Company has access to cash and a strong balance 
sheet which is enabling the business to pursue its growth strategy through 
organic and acquisitive means. The current climate has resulted in a number of 
opportunities for acquisitive growth and detailed evaluation of these 
opportunities is ongoing." 
 
 
 
 
- Ends - 
 
 
Enquiries: 
 
 
+-----------------------------------------------------+----------------------------+ 
| Cybit Holdings plc                                  | www.cybitholdings.com      | 
+-----------------------------------------------------+----------------------------+ 
| Richard Horsman, CEO / Kevin Lawrence, FD           | Tel: [phone]   | 
+-----------------------------------------------------+----------------------------+ 
|                                                     |                            | 
+-----------------------------------------------------+----------------------------+ 
| Redleaf Communications Ltd                          | [e-mail]        | 
+-----------------------------------------------------+----------------------------+ 
| Emma Kane / Rebecca Sanders-Hewett/ Anna Dunkin     | Tel: [phone]   | 
+-----------------------------------------------------+----------------------------+ 
|                                                     |                            | 
+-----------------------------------------------------+----------------------------+ 
| Cenkos Securities                                   |                            | 
+-----------------------------------------------------+----------------------------+ 
| Stephen Keys / Liz Bowman                           | Tel: [phone]   | 
|                                                     |                            | 
+-----------------------------------------------------+----------------------------+ 
 
 
Notes to Editors: 
  *  Cybit operates within three core sectors:Internet-based vehicle Telematics 
  solutions; Economic Exclusion Zone (EEZ) Management; and Private Mobile Radio 
  (PMR) based asset 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). More than 1,700 business to business 
  clients use its fleet and asset management solutions to manage in excess of 
  46,000 assets. Solutions include in-vehicle technologies, work flow 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. 
  *  Its PMR business, Cybit Positioning Solutions, provides asset-tracking solutions 
  for both maritime and land-based applications including exploration and mining. 
  Its precise positioning solutions assist in the location and 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 
 
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