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ITH Nektar Therapeutics

0.878
-0.008 (-0.90%)
09:13:06 - 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 0.878 0.9085 0.9005 0.878 0.9005 1,310 09:13:06

Contract

08/09/2003 8:00am

UK Regulatory


RNS Number:4733P
ITIS Holdings PLC
08 September 2003


Monday, 8 September 2003



                     SAAB ANNOUNCES THREE YEAR CONTRACT FOR
                       ITIS TRAFFIC MESSAGE CHANNEL (TMC)
                               ON SAAB 9-3 RANGE


ITIS Holdings Plc (ITIS) has signed a three-year contract with Saab Great
Britain to supply its RDS-TMC (Radio Data System - Traffic Message Channel)
service to Saab's 9-3 sport saloon and convertible range with immediate effect.
The service allows drivers to receive real-time, and predictive traffic
information from ITIS, on their satellite navigation systems, allowing them to
re-route around traffic congestion.

Gary Axon, Manager of Product Strategy and Communication at Saab Great Britain,
said, "We are very pleased to confirm RDS-TMC's availability on the Saab 9-3.
Saab drivers are discerning individuals who look for technological features
alongside functionality.  The RDS-TMC service provided by ITIS delivers dynamic
route guidance as a very real service and benefit to Saab drivers."

Stuart Marks, Chief Executive of ITIS, commented, "We are delighted that Saab
Great Britain has selected ITIS to enhance its satellite navigation offering
with our dynamic traffic information. The agreement with Saab Great Britain
extends the list of manufacturers, including BMW, Ford, Subaru Europe, Toyota,
Mitsubishi and Vauxhall, who have already contracted to use the ITIS TMC
service.


                                    - ends -



Contact:

Stuart Marks, Chief Executive, ITIS Holdings plc - 0161 929 5788
Ginny Pulbrook, Citigate Dewe Rogerson - 0207 638 9571



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 Automobile Association (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.

*    ITIS will provide the service to Saab Great Britain in conjunction
     with its partner the AA, with which it collaborates on RDS-TMC as part of a
     wider agreement between the two companies.  ITIS traffic information is 
     collated from a combination of journalistic and real-time sources using its 
     own FVD network.  The data is then transmitted directly to the TMC receiver 
     using a carrier of the Classic FM radio network, which provides coverage of 
     90% of the strategic road network.

*    TMC is a European-developed and standardised means of delivering
     real-time traffic information.  Transmitted data is decoded by a receiving
     device such as a satellite navigation system and translated into text or 
     speech traffic alerts.  By combining traffic information delivered via 
     RDS-TMC, with the re-routing facilities offered by satellite navigation 
     systems, drivers are finally afforded dynamic avoidance of traffic 
     congestion.

*    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 detection- 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 reports 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)

*    ITIS provide traffic data to all mobile phone providers. To receive
     up-to-date traffic and travel information direct from your mobile 'phone 
     call 401100 from any network; 2222 from Vodafone; 2020 from T-mobile

*    ITIS provide traffic data to www.getmethere.co.uk, a comprehensive
     service from Toyota providing information on route planning, traffic
     information, traffic alerts and incidents, and weather forecasts.

     For further information please visit www.itisholdings.com or 
     www.navtrak.com


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

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