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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:4466I CybIT Holdings PLC 26 November 2007 CYBIT WINS #1MILLION CYPRIOT FISHERIES MONITORING CONTRACT Cybit Holdings Plc ("Cybit"), the UK's leading online Telematics Service Provider, today announces that its marine telematics division, BlueFinger, has been awarded a contract worth c.#1m to provide key elements of a GPS based fisheries management system to the Department of Fisheries and Marine Research in Cyprus. The system will provide low cost, web based monitoring of smaller fishing boats operating within the Cypriot fishing industry. It will assist the Department of Fisheries to manage its fishing grounds to ensure long term sustainability. Cybit's tracking system will provide detailed information on the whereabouts of fishing boats and their activity. The system will monitor 500 licensed fishing boats of less than 15m operating in Cypriot waters. It will be used to provide accurate GPS positioning for each vessel to monitor vessel behaviour and to ensure that no unlicensed vessels are operating in the Cypriot coastal fisheries. Richard Horsman, Chief Executive of Cybit commented; " We are delighted to have been awarded this contract which includes hardware, software, airtime and support services over an initial 5 year period. We are firmly established as a world leader in fisheries management and protection systems, tracking many thousands of fishing vessels on a daily basis. Our Bluefinger business has existing long-term contracts with the UK and Irish governments and we also help to manage valuable fishing stocks for over thirteen nations, including Namibia, Greece and Ghana. " Fisheries management and protection is a key issue on a global basis. As concern increases about the vulnerability of many fish species and the local economy to the dual threat of over-fishing and illegal operators , the use of monitoring systems for all sectors of the fishing industry is becoming an essential part of Governmental Fisheries Policy. Cyprus is one of the first European countries to introduce a sophisticated web based monitoring system to this sector of the fishing industry and I am sure it will reap the long term sustainability benefits of its foresighted approach." -ends- Date: 26 November 2007 For further information please contact: Cybit Holdings Plc cityPROFILE Richard Horsman, Chief Executive Simon Courtenay Kevin Lawrence, Finance Director 020-7448-3244 01480 389100 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 40,000 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. BlueFinger Limited, part of Cybit Holdings plc, is a global leader in the delivery of high value Economic Exclusion Zone (EEZ) management solutions to UK and international governments. BlueFinger's maritime vessel monitoring systems monitor more than 15,000 assets worldwide. Additional information is available at www.cybitholdings.com, www.cybit.co.uk, www.amatics.com, www.cybitpositioningsolutions.co.uk and www.bluefinger.com This information is provided by RNS The company news service from the London Stock Exchange END CNTEANFSAASXFFE
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