CYH Cybit Hldgs

RNS Number:3941Y
CybIT Holdings PLC
07 May 2004


07 May 2004

                          CYBIT HOLDINGS PLC ("CYBIT")

                     CYBIT ANNOUNCES NEW RESELLER AGREEMENT

Cybit Holdings PLC ("Cybit") is pleased to announce the expansion of its
reseller network with the signing of a new reseller agreement with Ewan
Associates Limited ("Ewan").

Ewan is a leading UK asset and data management consultant to the utility
industry. Under the agreement, Ewan's direct sales team will market and sell
Cybit's online telematics solutions and consultancy services, targeting SMEs,
utility companies and their suppliers.

This move further strengthens Cybit's reseller network and its penetration of
the telematics sector. Cybit now has partnership deals with Smart Moves to
distribute its Drive-IT solutions and other strategic deals with Signature
Industries, Vanguard PLC, Norwich Union, Mandata and Lex Vehicle Leasing.

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

"This announcement demonstrates continuing progress in our drive to recruit
reseller partners. We have expanded our customer base and geographical and
product coverage within target market sectors, strengthening Cybit's position as
the UK's leading telematics service provider and 'Partner of Choice' for forward
thinking companies."

For more information please contact:

Bell Pottinger Financial
David Rydell/Charlotte Kirkham                   Tel: 020 7861 3232


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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