Re Contract

RNS Number:3677L
CybIT Holdings PLC
09 January 2008


                                 
         CYBIT WINS £3.5M CONTRACT WITH SEISMIC EQUIPMENT MANUFACTURER

Cybit Holdings Plc ("Cybit"), the innovative Telematics Service Provider, today
announces that its subsidiary Cybit Positioning Solutions has signed a
significant contract with one of the world's major suppliers of heavy Land
Seismic Exploration equipment. Cybit will supply VHF radio based tracking and
precise positioning equipment to this customer over a contracted seven year
period. The contract is worth a minimum of £0.5million per year.

The Cybit Tracs - TDMA product will provide a cost effective, flexible and
intelligent VHF radio network which is fully integrated with GPS positioning, to
provide tight tracking and precise positioning control across land seismic
spreads.

Replacing several radios within the one unit and integrating GPS has significant
cost and operational advantages, leading to increased safety and operational
efficiency in complex and expensive operations. This type of procedure is often
carried out in environmentally challenging parts of the world.

Cybit's customer has previously purchased the product through its operational
arm, but is now offering the system as a factory option. The customer has
invested heavily in the technical infrastructure, making best use of the Cybit
Tracs-TDMA functionality.

Tracs TDMA is a firmly established product which has proven itself in the
harshest environments, from subzero temperatures within the arctic circle to the
heat of the African Deserts, as well as in open marine environments. Cybit has
deployments with most of the major Seismic contractors, several of the Oil and
Gas majors, as well as fishing fleets, ports and harbours, and airports.

Richard Horsman, Chief Executive of Cybit commented;

" We already have an excellent working relationship with this customer. For the
past three years, Cybit Positioning Solutions has been developing the customer's
particular version of the Tracs TDMA product, which itself has been successfully
sold for more than 15 years."

" We are delighted to have entered into this supply contract which further
reinforces our long term position in this market. We are firmly established as a
world leader in the provision of VHF and UHF combined positioning and tracking
technology. This contract reinforces our strong, dominant reputation in the oil
and gas exploration and production market."

                                     -ends-

Date: 9 January 2008

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

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