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CYH Cybit Hldgs

73.00
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
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

Cybit in ABI Research Top Ten

24/08/2006 12:35pm

UK Regulatory


RNS Number:0618I
CybIT Holdings PLC
24 August 2006

Cybit Holdings Plc

Top-ten placing for Cybit in Global Telematics League Table



ABI Research, the leading international technology research organisation, has
placed Cybit in the top-ten of global industry players in its recently issued
Global Commercial Telematics Vendor Matrix.



Cybit, the only European company listed in the global top-ten table, owes its
position to continued success in building a blue-chip customer and asset base.



As the telematics market evolves, two distinct sectors are emerging. The first
is strong demand for a simple, low cost solution for the SME market that Cybit
is addressing with Fleetstar-AVL and greatbigblue through our reseller channel.



The second sector is a demand for more complex solutions requiring integration
with horizontal solutions such as scheduling and Mobile Resource Management
(MRM). This market is where Cybit has a strong track record of successful Return
on Investment and is where Cybit can typically be differentiated from its peer
group through provision of a broader product and service portfolio.



Today, Cybit has circa 1,000 customers with a combined total of nearly 25,000
vehicles tracked on a 24/7 basis.  Cybit's blue-chip customers include Alfred
McAlpine, Renault Trucks and Sainsbury's to You.



ABI Research has prepared the matrix to give an unbiased rating of all the
current vendor offerings based on product implementation and innovation.



Under "implementation," ABI Research examined each product's relative costs,
installed base, regional deployment and range of solutions.  Under innovation,
ABI Research scrutinised a range of criteria including user interface, hardware
and software functionality, availability of wireless links and unique features.



Richard Horsman, Chief Executive of Cybit, said:



"To be placed in the global top-ten, and alongside such illustrious company, is
an outstanding achievement for Cybit.  We are particularly delighted to have
scored so highly in the two key areas of implementation and innovation."



The top-ten positions comprise:



1          QUALCOMM
2          DigiCore Holdings
3          Mobile Knowledge
4          PeopleNet Communications
5          CSI Wireless
6          Infowave
7          Digital Dispatch Systems
8          Xata Corp.
9          Cadec Corporation
10         Cybit Holdings


                                                                24th August 2006



Enquiries:


Cybit Holdings Plc                                      Tel: 01480 389100
    Richard Horsman, Chief Executive

College Hill                                            Tel: 020 7457 2020
    Mark Garraway





Notes to Editors:



Cybit Holdings Plc (www.cybit.co.uk)



Cybit is a leading Internet-based Telematics Service Provider (TSP) and supplier
of fleet and asset management solutions to the business-to-business sector.
Cybit's solutions portfolio includes vehicle tracking and management, lone
worker support and car pool management. Hundreds of companies across a wide
range of industries already use Cybit's online solutions to improve the
management and control of their fixed and mobile assets.





ABI Reseach (www.abiresearch.com)



ABI Research was founded in 1990 and provides analytical coverage to a broad
base of manufacturers and service companies participating in the technology
market revolution.  More than 500 industry-leading organizations every year rely
on the strategic insights our analysts provide. Their opinions appear in the
major media sources of the world and in hundreds of industry-specific trade
publications both online and in print.




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

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