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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cybit Hldgs | LSE:CYH | London | Ordinary Share | GB00B04QS651 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 73.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0165T CybIT Holdings PLC 09 December 2003 APPOINTMENT TO INTERNATIONAL OPERATIONS TEAM Cybit Holdings plc ("Cybit" or the "Company") is pleased to announce the appointment of Colin Cartwright to its operational management team as Director, International, heading the company's international expansion. Initially, Sweden, Germany and Holland will be targeted, building on the company's earlier acquisition in late 2002 of Drive-IT Systems AB - one of Europe's leading players in the car sharing market. Colin brings extensive senior management experience in the telematics, communications and electronics sectors to Cybit. He was previously Operations Director for Global Telematics, now part of Thales, where he gained knowledge in both the telematics sector and the particular demands of UK and international fleet management operations. Prior to that Colin was an executive director at European Telecom plc, at the time one of the fastest-growing companies on the UK stock market, holding the positions of Group Operations Director and International Managing Director. In this latter role, he was responsible for growing the company's international operations from zero to a #100 million operation in just five years. During the late 1980s and early 1990s, Colin was Managing Director for two leading consumer electronics brands - Bose UK and KEF Audio. At Bose he was instrumental in adding a consumer business to the company's professional audio operation, while at KEF he was responsible for restructuring the business and developing new international routes to market for KEF's loudspeaker products. Commenting on the appointment, Richard Horsman, CEO of Cybit said: "Our strong growth in the UK has given us an excellent platform and a strong model for expansion into Europe. Colin's proven experience in driving the growth of international operations, and his experience at European Telecom, will allow him to make a positive contribution towards the company's continued development. "Our initial experience in key markets such as Sweden and Germany shows that there's an equally strong appreciation of our cost-effective telematics technology approach, and we're confident that under Colin's direction Cybit can now replicate its UK success in Europe." - Ends - For more information, please contact: Jonathon Brill / Charlotte Kirkham, Bell Pottinger Financial 0207 861 3232 About Cybit Cybit is a leading provider of fleet management and telematics solutions, delivering a full range of Internet-based software and support service to private motorists, vehicle fleet managers and commercial haulage operators. Cybit operates a number of telematics platforms, from end-to-end OEM solutions to its own generic platform, providing satellite tracking of mobile assets via street-level digital maps. This enables Cybit operators to obtain data and deliver services or assistance via wireless networks for safety critical events, accident or breakdown, as well as providing support if a vehicle is stolen, or a driver is late or lost. By facilitating the processing of this information for financial management purposes, Cybit then frees users up to promote best use of existing resources. For more information about Cybit's technology solutions, please contact Philip Szomszor at IBA Europe on 01780 721433. This information is provided by RNS The company news service from the London Stock Exchange END BOAEAPAPESXDFFE
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