![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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:6341P CybIT Holdings PLC 11 September 2003 CYBIT HOLDINGS PLC CYBIT ANNOUNCES RESELLER PARTNERSHIP WITH VANGUARD Cybit Holdings PLC ("Cybit") is pleased to announce the signing of a reseller agreement with Vanguard PLC ("Vanguard"), one of the UK's most established mobile telecommunications resellers. The contract should deliver annual revenues of #1.5 million to Cybit. Under the agreement, Vanguard's direct sales team will market and sell Cybit's internet based fleet and asset management solutions to its expanding 300 plus corporate customers, and also through its 250 strong dealer channel which is primarily concentrated in south-west England. This move accelerates Cybit's drive to recruit reseller partners, significantly strengthening its coverage within the telematics sector. Cybit now has partnership deals with Smart Moves to distribute its Drive-IT solutions and other strategic deals with Norwich Union, Mandata and Lex Vehicle Leasing. In addition, Cybit recently announced a partnership with Signature Industries worth in excess of #500,000 in additional revenues. Vanguard is one of the leading and most successful national mobile telecommunications distributors. With an annual turnover of #100 million and employing in excess of 500 people, Vanguard has taken a strategic decision to significantly expand its reseller business. As an existing vehicle installation partner for Cybit and user of Cybit's fleet management, satellite navigation and traffic information solutions, Vanguard has developed first hand experience as to how this extension of the existing business relationship will strengthen and differentiate their offering to corporate customers, whilst complementing its wireless and data communications developments. Richard Horsman, Chief Executive of Cybit Holdings PLC, said: "This is another significant step forward for Cybit. The continued expansion of our reseller partnerships will help us to expand our customer base and strengthen Cybit's geographical and product penetration within target market sectors. As an existing Cybit user with first hand experience of the benefits delivered through implementation of this technology, it is a strong endorsement for Cybit that Vanguard have chosen our solutions to underpin their growth in this area." Andrew Shortis, Managing Director of Vanguard PLC, said: "As a major player in the telecoms marketplace Vanguard is delighted to be associated with Cybit for the supply of telematics products. Our sixteen year relationship with key corporate clients provides us with an immediate opportunity to assist Cybit in it's desires for business growth. This, coupled with Vanguard's expansion within the business marketplace, marks a significant milestone in both company's futures." For more information please contact: Bell Pottinger Financial Jonathon Brill/Charlotte Kirkham Tel: 020 7861 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. About Vanguard Established in 1985, Vanguard is one of the longest established mobile telecommunications distributors in the UK. Vanguard is based in North Wales with satellite offices in London and Birmingham. Vanguard is a successful, growing and completely independent partner to all of the major networks, e.g. Vodafone, Orange, O2 and T-Mobile and is accredited to ISO9002. *A major distributor of handsets and airtime with a network of 300 UK independent dealers. *Major refurbisher and repairer of over 270,000 mobile telecoms handsets every year (Most major manufacturers, e.g. Nokia/Sony Ericsson). *Installer of over 44,000 mobile voice and data products throughout the UK annually. Provides bespoke development of mobile payment terminals and least cost routing devices, e.g. solutions developed for over half of all UK Universities and higher education establishment. This information is provided by RNS The company news service from the London Stock Exchange END AGRDBLFFXKBXBBQ
1 Year Cybit Chart |
1 Month Cybit Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions