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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:2325P CybIT Holdings PLC 25 July 2005 Cybit Holdings PLC ("Cybit" or "the Group") CYBIT RECIEVES MAJOR ORDER FROM EUROPCAR Cybit, one of the UK's leading online telematics service providers, today announces that it has secured a major contract with Europcar to install the Fleetstar-Online vehicle management system on up to 1,000 vehicles per year in Europcar's prestige fleet. The Fleetstar-Online solution will operate in partnership with Trafficmaster who provide the fleet with their SmartNav navigational product. The use of telematics in its top of the range vehicles will provide Europcar with a number of business benefits. Security will be enhanced with Europcar having the ability to pinpoint the location of their vehicles on a 24/7 basis, and the telematics support the SmartNav navigational system which provides the customers with a leading navigational and congestion avoidance system. The three-year deal will see the rolling stock of 500 Mercedes vehicles fitted with Fleetstar-Online and SmartNav applications. Richard Horsman, Cybit's CEO, commented: "This latest high profile deal is another indication of how Cybit has established itself in the telematics marketplace and shows the flexibility of our services and product portfolio. Europcar customers will get the benefit of the SmartNav system which dynamically guides motorists using a direct operator link, helping them avoid congestion and delays. For Europcar the sophisticated Fleetstar-Online telematics solution will provide the security that they need, and the reassurance that when required they will always be able to find where their vehicles are." 25 July 2005 Enquiries: College Hill Mark Garraway/Stephen Davie 020 7457 2020 Notes to Editors: About Fleetstar-Online: Fleetstar-Online is Cybit's scalable Internet-based telematics solution that features real-time vehicle tracking, exception reporting, replay mode, customised reports, mileage information, SMS messaging and live traffic information. Fleet vehicles are fitted with a small electronic in-vehicle-unit (IVU) which is tracked by GPS in real-time and data transmitted to Cybit's online control centre. It provides companies with a cost-effective ASP-based fleet management solution, which offers users anytime, anywhere access to the system via a standard web browser. Fleetstar-Online also features added value solutions support, with fully integrated Smartnav satellite navigation and RAC Trackstar Plus stolen vehicle recovery system functionality. About Cybit: 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. Additional information is available at www.cybit.co.uk About Europcar: Europcar is one of the leading global car rental companies. Founded in Paris in 1949, the company today operates a fleet of over 220,000 vehicles at 2,650 locations in 118 different countries covering Europe, The Middle East, Africa, Indian Ocean, Central America, Mexico, the Caribbean and Asia -Pacific. Europcar is owned by Volkswagen AG, the number one car manufacturer in Europe. www.europcar.co.uk This information is provided by RNS The company news service from the London Stock Exchange END MSCSEUFMESISEIW
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