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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:6182O CybIT Holdings PLC 25 February 2008 CYBIT SCORES WITH CLUTCH OF NEW BUSINESS WINS Cybit Holdings Plc ("Cybit"), the innovative Telematics service provider, today announces a clutch of new business wins, contract renewals and contract extensions with customers across all three of its key market sectors. In aggregate the contracts are worth £1.2 million. In the service sector, Cybit has won new long-term contracts for its Fleetstar- Online solution with Colas, the utility and infrastructure services group and A-one+, a Halcrow, Colas and Costain joint venture involved in highway maintenance in the North West. The Colas contract is for 450 units and A-one+ is taking 122 units. In the logistics and distribution sector, existing client Food Partners, the leading supplier of fresh sandwiches for contract caterers, coffee shops and the travel sector has extended its contract for Cybit's asset locator solution. Beyond the contract extension it has ordered a further 75 units which has grown the number of units it is using to 224. In the government sector, local authority Argyll and Bute District Council has agreed to extend its contract with Cybit's government and utilities division and is taking a further 120 vehicle tracking units. Cybit's solutions enable companies and local authorities to track their vehicles and mobile workforces, which helps them to enhance utilisation, improve efficiencies and ultimately cut costs. Richard Horsman, Chief Executive of Cybit commented; " We are delighted to have won this clutch of new business and contract extensions across all of our market sectors. We are pleased that a number of new and existing customers have recognised the value that our Telematics solutions can offer and have extended the scale of their contracts. " Across the business, we are making excellent progress. The level of new enquiries and new business wins is very encouraging. Our telematics solutions are increasingly recognised as important business tools for companies to improve efficiencies and to reduce costs, increase productivity and aid legislative compliance. We remain confident that we will continue to deliver further positive news in the future." -ends- Date: 25 February 2008 For further information please contact: Cybit Holdings Plc City Profile Richard Horsman, Chief Executive Simon Courtenay Kevin Lawrence, Finance Director Melissa Barnett 01480 389100 020-7448-3244 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 CNTEAPAAADXPEFE
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