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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

Re Contract

12/06/2006 1:14pm

UK Regulatory


RNS Number:4182E
CybIT Holdings PLC
12 June 2006


Cybit Holdings Plc

Contract Award from Renault Trucks

     
*    Renault Trucks to pioneer industry first approach to roadside assistance
     using the Cybit solution

*    Fleetstar-Online solution provides real time tracking information for
     Renault 24/24 recovery vehicles


Cybit, the UK's leading online telematics service provider, has won an order for
Fleetstar-Online from Renault Trucks.  Renault offers one of the market's
biggest and most diversified range of vans and trucks.

Cybit will install 80 units of its Internet-based fleet and asset management
solution into the 'Renault Trucks 24/24' roadside assistance service fleet,
enabling real-time tracking of its 24/24 vehicles and enhancing the company's
operational efficiency through improved response times and reporting.

Fleetstar-Online will be used to identify and dispatch the nearest available 24/
24 vehicle to a customer needing assistance, and will help Renault Trucks to
improve service levels by keeping customers informed of the roadside assistance
vehicle's position and its estimated arrival time. Fleetstar-Online's historical
reporting functionality will also enable Renault Trucks to critically analyse
responses and identify tangible areas for operational improvement.

Andrew Walker, Aftermarket Service Manager, Renault Trucks, commented:

"Cybit's Fleetstar-Online solution will play a key role in helping to make our
operation more productive."

Richard Horsman, Chief Executive Officer, Cybit, added:

"This is an important contract award for Cybit, demonstrating that our
Fleetstar-Online solution can deliver real strategic value for businesses by
improving service delivery and managing operational costs. Customers like
Renault are finding that Cybit's solutions are an important part of securing a
strong competitive position."


                                                                    12 June 2006


Notes to Editors:

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



Enquiries:

College Hill           Tel: 020 7457 2020
Mark Garraway


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

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