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ITH Nektar Therapeutics

0.878
-0.008 (-0.90%)
11:34:44 - Realtime Data
Share Name Share Symbol Market Type
Nektar Therapeutics TG:ITH Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.008 -0.90% 0.878 0.876 0.907 0.9005 0.878 0.9005 1,310 11:34:44

Agreement

21/03/2003 7:00am

UK Regulatory


RNS Number:0232J
ITIS Holdings PLC
21 March 2003


                                                                   21 March 2003

                  FERRARI AND MASERATI UK SELECTS NAVTRAK FOR
               STOLEN VEHICLE TRACKING ON FERRARI AND MASERATI

ITIS Holdings plc (ITIS) today announces that Ferrari and Maserati UK, the
distributor for Ferrari and Maserati, has approved NavTrak as the only vehicle
tracking system to be installed as standard on all new Ferrari and as an option
on Maserati.  The NavTrak system will be available from 1 April 2003, both as a
standard fit to all new vehicles and as an aftermarket installation to pre-owned
cars, through the network of 15 Ferrari and Maserati dealers.   Over 400 Ferrari
vehicles are sold in the UK per annum and NavTrak anticipate a high level of
sales from existing Ferrari and Maserati owners who will wish to benefit from
the peace of mind a NavTrak System delivers.

Stuart Marks, Chief Executive of ITIS Holdings Plc commented: 'NavTrak has been
extensively evaluated by Ferrari and Maserati UK alongside our major
competitors.  We are delighted that the features such as full European service
coverage, Automatic Driver Recognition (ADRTM) and the ease of installation have
led NavTrak to be chosen.  This selection is a major endorsement of our system
and the service we deliver'.

Philip Mills, Operations Director of Ferrari and Maserati UK commented: '
Protecting the investment made in the vehicle is a major concern of our
customers.  The unique features of the NavTrak system such as Automatic Driver
Recognition and European coverage provide us with the industry leading solution
that meets our high engineering standards and provides our customers with
significant peace of mind'.

                                    - ends-

Note to editors: Accompanying photography is available.

ITIS Holdings plc, listed on Aim, is the UK's leading provider of traffic
information and vehicle security services.

ITIS has invested in the development of a unique system for the collection and
analysis of traffic information; it combines information from the AA traffic
control centres with ITIS Historic and real-time Floating Vehicle Data (FVD) to
provide Journey time forecasts and real-time updates.  ITIS now operates the
largest commercial application of FVD anywhere in the world, and delivers the
content over a variety of platforms including RDS-TMC (Alert C), digital radio
and automated telephone services (IVR) under the AA RoadWatch brand.

Through its NavTrak business (www.navtrak.com), ITIS has developed a unique and
innovative stolen vehicle tracking service delivered via GPS/GSM technology,
which offers theft alerts, vehicle tracking and police liaison throughout
Europe.  Services include;

*   Detection of theft - even when owner's keys have been taken. (Automatic 
    Driver Recognition - ADR)

*   Automatic GPS tracking of stolen vehicles (Stolen Vehicle Recovery)

*   Theft alerts, GPS tracking and police liaison covering 20 European countries 
    (EUROWATCH)

*   Instantaneous position report to any mobile phone (AutoTrak)

*   Mileage reports to show trips and cumulative distances travelled
    (Journey Diary)

The NavTrak family of telematics units are fitted to over 100,000 vehicles both
in UK, mainland Europe, America and Australia (including products made and sold
under the manufacturer's name of Minorplanet Systems plc).

For further information on the Company please visit our website at
www.itisholdings.com or www.navtrak.com.


Contact:    Stuart Marks, Chief Executive, ITIS Holdings plc, 0161 929 5788
            Ginny Pulbrook, Citigate Dewe Rogerson, 020 7282 2940



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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