Contract win
10 February 2005 - 6:01PM
UK Regulatory
RNS Number:4388I
CybIT Holdings PLC
10 February 2005
Cybit Holdings PLC
("Cybit" or "the Group")
#400,000 WIN FOR FLEETSTAR-ONLINE SERVICE
Cybit, one of the UK's leading online telematics service providers, today
announces that it has won a #400,000 order from property maintenance specialist
Mono Services. This five-year contract for Fleetstar-Online will provide an
internet-based fleet and asset management solution to Mono Services' fleet of
200 vehicles operating throughout the North West of England.
Richard Horsman, Cybit's CEO, commented:
"Cybit continues to demonstrate the business value that can be achieved through
integration of telematics derived data with back office applications.
Fleetstar-Online will provide Mono Services with a scaleable, market-leading
telematics solution that will enhance their current business and support them as
they achieve projected ambitious growth plans."
In addition to tangible benefits achieved from timesheet and payroll automation,
efficiency of administration processes and evaluation of site routes,
implementation of the Fleetstar-Online solution will also help Mono Services
within areas of compliance such as Duty of Care and other Health and Safety
related issues. The signing of the five-year agreement with Mono Services
further cements Cybit's position as the UK's leading Telematics Service Provider
(TSP).
10 February 2005
Enquiries:
College Hill
Kate Pope/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
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