CYH Cybit Hldgs

RNS Number:9137U
CybIT Holdings PLC
03 February 2004




                          CYBIT HOLDINGS PLC ("CYBIT")

                     CYBIT ANNOUNCES CONTRACT WITH TRISTAR

Cybit Holdings PLC ("Cybit") is pleased to announce a new contract win with
Tristar Worldwide Chauffeur Services.

Under the agreement, Cybit has integrated its Fleetstar-Online web-based fleet
management and telematics solution with Trafficmaster's Smartnav off-board
satellite navigation solution to provide Tristar with a powerful combination of
fleet management tools and satellite navigation with live traffic information.

The contract has an initial value of #140,000.

Tristar currently operates some 300 executive vehicles to blue chip corporations
and airline customers throughout the UK, including running Virgin Atlantic's
first-class airport transfer service. The new solution will allow Tristar to
track its fleet continuously, enabling it to offer improved levels of customer
service while increasing its own operational efficiencies.

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

"This ground breaking deal is Cybit's first Fleetstar-online licence only deal.
Working closely with Trafficmaster to integrate our two companies' core
technologies will not only deliver instant bottom line benefits to Tristar, but
by utilising our sophisticated solution, it will also enable Tristar to
substantially improve its market offering.

"It is a strong endorsement for Cybit that Tristar have chosen our solutions to
underpin its services, and demonstrates the strength of our products and market
leading position within the telematics industry."



For more information please contact:

Bell Pottinger Financial

David Rydell/Charlotte Kirkham    Tel: 020 7861 3232


About Cybit

Cybit is a leading provider of fleet management and telematics solutions,
delivering a full range of Internet-based software and support service to
private motorists, vehicle fleet managers and commercial haulage operators.
Cybit operates a number of telematics platforms, from end-to-end OEM solutions
to its own generic platform, providing satellite tracking of mobile assets via
street-level digital maps. This enables Cybit operators to obtain data and
deliver services or assistance via wireless networks for safety critical events,
accident or breakdown, as well as providing support if a vehicle is stolen, or a
driver is late or lost. By facilitating the processing of this information for
financial management purposes, Cybit then frees users up to promote best use of
existing resources.

For more information about Cybit's technology solutions, please contact Philip
Szomszor at IBA Europe on 01780 721433.


About Tristar

Tristar is the UK's premier chauffeur drive organisation, offering clients a
genuine solution to their transportation requirements. The company has a
top-of-the-range executive fleet of over 300 vehicles - all with air
conditioning, leather interiors and mobile phone access - operating from three
UK bases. Tristar was the first UK chauffeur drive organisation to reach the
ISO9002 standard and has a prestigious blue chip client list.

About Trafficmaster plc

Trafficmaster plc is the world's foremost provider of dynamic driver information
and a key player in the commercial development of intelligent transport systems
for the future. Founded in 1988 by David Martell, the company's chief executive,
the company has since achieved high levels of growth through delivery of a high
quality product to become a pivotal player in Europe's telematics
marketplace. The core business of Trafficmaster is the provision of high
quality, live traffic information. In the UK, the company has developed a
state-of-the-art network of nationwide sensors and transmitters that gather and
distribute traffic data over 8000 miles of motorway and trunk routes. Designed,
developed and patented by Trafficmaster, the system disseminates the gathered
data at the company's headquarters at Cranfield in Bedfordshire, England and it
is delivered on to the customer through a number of screen or speech-based
receivers. These include Trafficmaster Monitor, YQ(2) and Oracle/Freeway units,
mounted in the vehicle; mobile phone services in partnership with the UK's main
mobile phone networks and the company's traffic information web site
www.trafficmaster.net provides live traffic information on the PC at home or in
the office.








                      This information is provided by RNS
            The company news service from the London Stock Exchange

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