Cybit awarded contract renewal with Fowler Welch

 

TIDMCYH 
 
RNS Number : 5136V 
CybIT Holdings PLC 
13 July 2009 
 

Date:13 July 2009 
On behalf of:        Cybit Holdings Plc ('Cybit' or 'the Company' or 'the 
Group') 
Embargoed until:     0700hrs 
 
 
 
 
Cybit Holdings Plc 
Cybit awarded contract renewal with Fowler Welch 
 
 
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 signed a new contract  with Fowler 
Welch, part of Dart Group plc, one of the UK's leading distributors of fresh, 
chilled and ambient consumer products. 
 
 
Cybit will deploy Fleetstar Online across the Fowler Welch trailer fleet for a 
five year contract term. The agreement is valued at circa GBP1m in revenues, to 
be recognised over the life of the contract. 
 
 
Cybit's solution will enable Fowler Welch to optimise fleet operations and help 
maintain its award winning customer service 
levels. The solution will integrate with Fowler Welch's Transport Management 
System, enabling trip and consignment data to be monitored against delivery 
plans to ensure optimum performance, plus a live reporting screen will highlight 
vehicles in relation to their jobs and planned delivery windows. This will 
enable Fowler Welch to manage its supply chain operations in real time and at an 
exceptional standard with operational staff having the tools to quickly react as 
events unfold. For compliance purposes they will also receive alerts if trailer 
temperatures rise or fall outside of pre-set thresholds. 
 
 
Richard Horsman, Chief Executive of Cybit said: 
"We are delighted to announce this extensive contract renewal with such a 
prominent brand and valued customer. This contract endorses Cybit's position as 
a leading telematics service provider to the logistics supply chain sector, and 
illustrates the Cybit's capability to produce a tailored solution to meet the 
demanding and very specific requirements of Fowler Welch. 
 
 
"Telematics is increasingly seen as a business critical tool to help 
organisations reduce operational expense, raise efficiency, customer service 
levels and aid legislative compliance. This contract demonstrates Cybit's 
continued position as the trusted partner of choice within the telematics sector 
and we look forward to continuing to provide strength and experience to our 
current and future customers." 
 
 
Lee Juniper, Operations Director for Fowler Welch said: 
"Cybit's next generation of software and systems integration will provide us 
with tactical and strategic business tools to manage our fleet effectively and 
efficiently, and ensure that we can continue to provide the exceptional customer 
service that we are renowned for. 
 
"The solution enables us to continue to achieve the corporate objectives of 
delivering highest quality of service at lowest cost to meet the sophisticated 
requirements of our customer base." 
 
 
 
 
-ends- 
 
 
  For further information, please contact: 
 
 
 
 
+----------------------------+----------------------------+------------------------+ 
| Cybit Holdings Plc         | Redleaf Communications     | Cenkos Securities Plc  | 
+----------------------------+----------------------------+------------------------+ 
| Richard Horsman, Chief     | Emma Kane/                 | Stephen Keys/          | 
| Executive                  | Rebecca Sanders-Hewett /   | Elizabeth Bowman       | 
+----------------------------+----------------------------+------------------------+ 
| Kevin Lawrence, Finance    | Anna Dunkin                |                        | 
| Director                   |                            |                        | 
+----------------------------+----------------------------+------------------------+ 
|                            |                            |                        | 
+----------------------------+----------------------------+------------------------+ 
| Tel: [phone]    | Tel: [phone]   | Tel: [phone]    | 
|                            | Email: [e-mail] | 1930                   | 
|                            |                            |                        | 
+----------------------------+----------------------------+------------------------+ 
 
 
 
 
 
 
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 
 
 CNTBUGDRUDBGGCG