Contracts

RNS Number:5536U
CybIT Holdings PLC
23 January 2004



23 January 2004

                          CYBIT HOLDINGS PLC ("CYBIT")

                         CYBIT ANNOUNCES NEW CONTRACTS



Cybit Holdings PLC ("Cybit") is pleased to announce new contracts worth at least
#325,000 with an expected expansion value of a further #500,000 in revenues over
the lifetime of the deals.

Cybit has secured a contract with Marshalls plc, ("Marshalls"), the UK's leading
manufacturer of landscape materials for the construction and home improvement
industries. Under the agreement, Cybit will supply and install its GPRS-based
telematics solution into Marshalls' 150 strong fleet and its primary
subcontractors, with ongoing technical support being provided for 5 years.
Cybit's technology provides Marshalls with the capability to significantly
improve the efficiency of its #35 million distribution business.

Cybit has also signed contracts with Associated British Nutrition &
Agri-products Limited (ABNA), the Agriculture Group of Associated British Foods,
marking its move into the lone worker solution market. Initially the deal will
equip 50 of ABNA's mobile workers with Cybit's HiPer portable telematics
devices, with the intent for a further 150 units. Cybit's telematic based
solutions will help ABNA provide a duty of care to its mobile employees when
working in remote areas.

Richard Horsman, Chief Executive of Cybit Holdings PLC, said:

"These groundbreaking deals further strengthen our market leading position
within the telematics industry. Marshalls is representative of a number of
projects where we are delivering enhanced customer value through integration of
telematics information with back office applications. The ABNA contract combines
Cybit's expertise as a Telematics Service Provider with specialist 24-7
emergency response services delivering duty of care compliance for field based
lone workers.

"These new contracts demonstrate the versatility of Cybit's telematics portfolio
and our ability to assist our customers in the implementation of cost management
and corporate governance solutions within an increasingly complex business
environment."



For more information please contact:

Bell Pottinger Financial

Jonathon Brill/Charlotte Kirkham        Tel: [phone]











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

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