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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:1534M CybIT Holdings PLC 11 May 2005 Cybit Holdings PLC ("Cybit" or "the Group") SCOTTISH CONTRACT WINS IN EXCESS OF #500,000 FOR FLEETSTAR-ONLINE Cybit, one of the UK's leading online telematics service providers, today announces that it has secured contracts with three of Scotland's leading businesses. The majority of revenues relating to these contracts will have been recognised during the current and previous reporting periods. Scotland's major fuel distributor, Bernard Brogan, has signed a contract for Cybit's internet-based fleet and asset management solution, Fleetstar-Online, for its entire haulage fleet and its rigid trailer vehicles that are used to deliver fuels and oils to the domestic, agricultural and construction sectors. The Fleetstar-Online solution will enable Bernard Brogan to produce in-depth reports on vehicle usage as well as greatly enhancing the security of its fleet. Cybit has also secured two further contracts for Fleetstar-Online. The Tulloch Group, one of Scotland's largest private house builders and contractors, has implemented the Fleetstar-Online solution into 180 of its fleet of contractor vans, HGVs and cranes. Turriff, a multi utility service provider within Scotland, has also implemented 80 units of Fleetstar-Online into it's fleet of 140 vehicles in order to assist the company in the optimisation of the fleet and enhance its security. Richard Horsman, Cybit's CEO, commented: "The signing of these contracts further strengthens Cybit's position as the UK's leading Telematics Service Provider. With initial entry-level costs from as little as #20 per vehicle per month, Cybit's Fleetstar-Online solution is a flexible and scalable fleet and asset management solutions that provides a unique modular approach to fleet management. Scotland is an important and growing area for Cybit and we are delighted that these Scottish businesses have realised the benefits that can be achieved from our service." 11 May 2005 Enquiries: College Hill Mark Garraway/Stephen Davie 020 7457 2020 Notes to Editors: About Fleetstar-Online: Fleetstar-Online is Cybit's scalable Internet-based telematics solution that features real-time vehicle tracking, exception reporting, replay mode, customised reports, mileage information, SMS messaging and live traffic information. Fleet vehicles are fitted with a small electronic in-vehicle-unit (IVU) which is tracked by GPS in real-time and data transmitted to Cybit's online control centre. It provides companies with a cost-effective ASP-based fleet management solution, which offers users anytime, anywhere access to the system via a standard web browser. Fleetstar-Online also features added value solutions support, with fully integrated Smartnav satellite navigation and RAC Trackstar Plus stolen vehicle recovery system functionality. 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 This information is provided by RNS The company news service from the London Stock Exchange END CNTEAXSFFEKSEEE
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