Re Contracts

RNS Number:7197C
CybIT Holdings PLC
08 September 2004


                          CYBIT HOLDINGS PLC ("CYBIT")

                         CYBIT ANNOUNCES NEW CONTRACTS

Cybit Holdings PLC ("Cybit") is pleased to announce a series of new contracts
and contract expansions for its Fleetstar Online ("FSOL") management solution,
worth an additional #650,000 in revenues over the lifetime of the deals.

Cybit has received further orders from Alfred McAlpine Business Services to
expand the installation of its Fleetstar-Online solution. A total of 250 new
FSOL units will be installed across Alfred McAlpine's vehicle fleet in the
coming months, bringing the total number of units installed to over 650.

Cybit has also signed a contract with a major infrastructure and support company
in the rail and telecommunications industries, to supply Cybit's FSOL solution
to an initial 109 units across their fleet.

Central Telecom, the integrated communications specialist, has placed an order
for 60 FSOL units which will be installed in its fleet of vehicles operating
nationwide.

Cybit has also secured an agreement with Ashfield Homes Limited ("Ashfield"), a
not-for-profit housing company, under which Cybit will install 46 FSOL units
into Ashfield's service vehicle fleet.

In addition to the new contracts above, Cybit is pleased to announce the launch
of a major upgrade to its FSOL solution, such that it will become the industry's
first fully modular internet based telematics solution with support for multiple
communications technology.

This next generation solution is fully scalable in terms of functionality and
number of users, making it appropriate to a broader customer and partner base
with their associated diverse requirements. Existing and new customers will be
able to take advantage of the significantly improved product flexibility and
functionality, both in terms of scope and product capability.

Richard Horsman, Chief Executive of Cybit Holdings PLC, said:

"These contract announcements endorse the strength of our cutting edge products
and particularly our comprehensive FSOL solution, enabling our customers to
significantly improve the management of their fleets, realising real returns on
their initial investment. McAlpines significant contract expansion confirms the
high levels of customer satisfaction resulting from our industry leading service
delivery.

I am also delighted to announce the significant upgrade of our FSOL solution
which improves the flexibility of our offering to clients on all levels. Our
proposition will now become attractive to a broader base of customers and
partners who will be able to benefit from the introduction of this enhanced
solution within their business. We are very excited about the new business
opportunities this creates."


For more information please contact:

Bell Pottinger Corporate & Financial
David Rydell / Charlotte Kirkham         Tel: [phone]


About Cybit:

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.




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