CyBiT Positioning Solutions

CybIT Holdings PLC
25 April 2007

25 April 2007



Cybit Holdings PLC

Cybit Positioning Solutions created to provide specialist telematics-based
positioning products

  * Re-branding of Thales Telematics Plc to focus on delivering precise
    positioning solutions to oil and gas exploration, precision agriculture and
    mining industries





Cybit, the UK's leading online Telematics Service Provider (TSP), has launched
Cybit Positioning Solutions (CPS), the company formed following the recent
acquisition of Thales Telematics Plc, to provide specialist telematics-based
solutions to industries requiring precision location and positioning
information. Cybit Positioning Solutions will operate closely with BlueFinger,
acquired by Cybit in 2006 and which focuses primarily on maritime industries, to
extend its portfolio of solutions in precise positioning and radio based
technologies to companies in the oil and gas exploration, precision agriculture,
mining, airport operations and maritime industries.


Cybit Positioning Solutions will enable organisations, such as those in oil
exploration, to precisely locate and track their prospecting operations to help
identify exactly where to drill. Other industries may use location information
to manage busy operations - for example ports and harbours - or to comply with
strict health and safety regulations. Cybit will continue to supply and support
the new web-based Asset Locator solution, formerly Thalestrak.com, ensuring that
new and existing customers maintain and protect their investments.

"The acquisition has broadened the scope of our solutions in the market,"
commented Richard Horsman, Cybit's Chief Executive Officer. "The addition of
radio-frequency-based tracking products enhances the accuracy of GPS-derived
positioning data which will open up new markets for us where specialist
solutions are required. We are able to leverage our core portfolio into larger,
global organisations, because the synergies between Cybit Positioning Solutions
and BlueFinger are highly complementary, and we can combine the solutions,
implementation and consultancy expertise of the two businesses to create a very
strong offering."


BlueFinger was acquired by Cybit Holdings in 2006, and is highly focused on
location solutions for specialist industries, such as maritime and fisheries.
Cybit Positioning Solutions brings a pedigree of hardware and technology focused
operation that can be combined with the solutions focus of BlueFinger to bring
enhanced business propositions to new markets.

Cybit Positioning Solutions will provide systems that combine highly accurate
location information using GPS based solutions with robust tracking based on
radio frequencies in the VHF and UHF bands which provide position accuracy to
sub-metre levels. The use of regional or local dedicated networks makes the
systems free-to-air and allows independent communications which do not rely on
public access networks.


About Cybit:



Cybit is a global force in Telematics, operating within three core sectors:
Internet-based vehicle Telematics solutions; Economic Exclusion Zone (EEZ)
Management; and Private Mobile Radio (PMR) based asset tracking and precise
positioning solutions.


In the vehicle Telematics sector, Cybit is one of Europe's leading Telematics
Service Providers (TSPs). More than 1,500 business to business clients use our
fleet and asset management solutions to manage in the region of 35,000 assets.
Solutions include in-vehicle technologies, work flow 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 is also a global leader in the field of EEZ fisheries management, tracking
many thousands of fishing vessels on a daily basis. The company provides vessel
monitoring and catch management solutions for many of the world's major fishing
nations. As well as the UK and Irish Governments, Cybit helps to manage valuable
fishing stocks for emerging nations such as Ghana, Namibia and Mozambique.


Cybit's newly-acquired PMR business provides asset-tracking and precise
positioning solutions for both maritime and land-based applications including
exploration and mining. Its precise positioning solutions are in constant use in
the location and exploitation of oil, gas and mineral reserves around the globe.



Additional information is available at www.cybit.co.uk and www.bluefinger.com




Contact information:


Cybit Holdings:
Duncan Burford                                       01780 721 433
IBA - PR for Cybit
Email : [e-mail]

Chris Linney                                         01480 389100
Senior Marketing Executive, Cybit
Email: [e-mail]

College Hill:
Financial PR
Carl Franklin/Ben Way                                020 7457 2020




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