Scottish Contract Win
11 May 2005 - 5:08PM
UK Regulatory
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
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