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UBC Media: Contract Extension

10 Dec 2007 07:01

UBC Media Group PLC10 December 2007 10 December 2007 UBC Media extends key contract with ITIS and major radio station groups Digital radio specialist UBC (UBC.L) today announces an extension of itscommercial relationship with ITIS, the leading provider of traffic informationin the UK, as part of the Network Drive package. Initially due to expire at theend of 2010, UBC's partnership with ITIS will now run until the end of 2012. The decision to lengthen current ties with UBC follows ITIS's purchase ofTraffic Link, the current provider of all traffic and travel information acrossUBC's Network Drive system, which is the UK's largest syndicated traffic andtravel network. UBC has the exclusive rights to exploit Traffic Link informationon commercial radio. Welcoming the extension, UBC's Chief Operating Officer John Quinn said: "We are delighted that ITIS is extending its commercial relationship with UBC.This will benefit our millions of listeners each week and strengthen NetworkDrive's position as the UK's leading syndicated traffic and travel network." Stuart Marks, Chief Executive of ITIS said: "We are very pleased, following our acquisition of Trafficlink, to be workingwith UBC Media who are an important part of our business. Our confidence inUBC's abilities led us to extend the contract until the end of 2012 and webelieve that the long term nature of our partnership will enable both companiesto work more closely together and to identify new areas of business and ways ofenhancing the current offering." In addition UBC has secured long term extensions to current contracts with GMG,Global Radio, UTV and the Local Radio Company to provide syndicated services tothe groups' respective commercial radio stations. These contracts deliver 48 percent of UBC's combined audience delivery and ensure that the company continuesto reach 19 million adults per week. ENDS Enquiries John Quinn, COO, UBC Media Group plc Tel: 020 7453 1600 Diane Barnes or Verity Williams, Portland for UBC Tel: 020 7404 5344 About UBC Media Group plc UBC is quoted on the London Stock Exchange's AIM market. The Group is the marketleader in the supply of audio content and broadcast data software to the radioindustry in the UK. In addition to the entertainment, traffic & travel andnational news services provided to commercial radio, the Group is the largestindependent producer of radio programming for the BBC and the UK's leadingsupplier of digital radio scrolling text and EPG software. It is also part ofthe MXR Regional Multiplex consortium and the 4Digital National Multiplexconsortium. www.ubcmedia.com About ITIS ITIS Holdings plc, listed on AIM, (ITH.L) is the UK's leading provider oftraffic incident and travel information. ITIS has invested in the developmentof a unique system for the collection and analysis of traffic information, itcombines journalistic information with ITIS' historic and real-time FloatingVehicle Data (FVDTM) to provide journey time forecasts and real-time updates.ITIS now operates the largest commercial application of FVD anywhere in theworld, and delivers the content over a variety of platforms including RDS-TMC(Alert C), digital radio and automated telephone services (IVR) under theKeepmoving brand. ITIS has agreements in the UK to provide information to BMW,Ford, Jaguar, Land Rover, Lexus, MINI, Mercedes-Benz, Mitsubishi, Nissan,Porsche, Renault, Rolls Royce, Saab, Subaru, Toyota and Volvo. Aftermarket andportable device customers include Active Pilot, Clarion, Co Pilot, Fujitsu,Harman Becker, Mio, Navicore, Navman, Pioneer, Road Angel, Route 66, SiemensVDO, Snooper, Sony Europe, Telmap, Telenav, TomTom, ViaMichelin and Way Finder. In December 2007, IT IS acquired Trafficlink who are the UK's leading providerof traffic incident and travel information to broadcasters, business andgovernment, providing over 42 million people each week with access to real-timejourney information across all modes of transport. Trafficlink gathers, edits and broadcasts traffic and travel information from anetwork of seven regional offices (London, Bristol, Birmingham, Cardiff,Manchester, Middlesbrough, Edinburgh) that operate 24 hours per day, 7 days aweek. REGIS, Trafficlink's data aggregation tool, covers the entire UK roadnetwork as well as all forms of public transport and aggregates real-timetraffic and travel information from over 5,000 CCTV cameras, police forces,government agencies, local councils and other sources. Trafficlink's data isthen delivered by its customers across multiple platforms that includecommercial radio stations, BBC local and national radio, Ceefax and BBC Online,Teletext, ITV Local, GMTV, Sky News, an expanding range of corporate clients,websites and government agencies. Outside of the UK ITIS uses its Cellular Floating Vehicle Data (CFVDTM) whichtakes anonymous signalling information from wireless networks to determine speedand flow information on a given road network. ITIS has successfully introducedCFVD in Australia, Belgium, Czech Republic, Israel and the USA. Other projectsare underway in Asia, Ireland South Africa and Spain. www.itisholdings.com This information is provided by RNS The company news service from the London Stock Exchange
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