Ithaca Energy Regulatory News (ITH)

26 Jun 2006 07:01

ITIS Holdings PLC26 June 2006 FORD MOTOR COMPANY RENEWS THREE YEAR CONTRACT FOR RDS-TMC TRAFFIC SERVICE ITIS Holdings plc ("ITIS") has renewed its contract with Britain's best sellingcar brand Ford Motor Company for a further three years to supply its RDS-TMC(Radio Data System - Traffic Message Channel) service. All models includingFord's brand new sporty S-MAX and the spacious new Ford Galaxy will benefit fromthis service. The service will be standard on all satellite navigation systems and will allowdrivers to receive real-time traffic information from ITIS, enabling them tore-route around the worst traffic congestion. This contract is part of a larger framework agreement to provide this serviceacross other Premier Automotive Group brands including Land Rover, Aston Martin,Volvo and Jaguar. Mark Ovenden, Ford of Britain Marketing Director said, "The decision to renewour contract with ITIS for RDS-TMC is a clear example of Ford Motor Company'songoing commitment to providing our customers with innovative technology andproviding information to reduce stress on the roads. Customers are increasinglylooking to in-car navigation systems to support their journeys and following thecontinuation of RDS-TMC, Ford Motor Company ensure customers receive fullyintegrated, real-time dynamic traffic information as an integral part of thesatellite navigation system." Stuart Marks, Chief Executive of ITIS Holdings, commented, "We are delightedthat Ford will continue to use our dynamic traffic information on theirsatellite navigation systems. As the market leader in TMC this contract renewalendorses our high quality traffic information and ability to support leadingvehicle manufacturers." Ends Contact: Stuart Marks, Chief Executive, ITIS Holdings plc - 0161 929 5788Ginny Pulbrook, Citigate Dewe Rogerson - 0207 282 2945 Note to Editors • ITIS Holdings plc, listed on AIM, is the UK's leading provider of traffic information and vehicle security services. ITIS has invested in the development of a unique system for the collection and analysis of traffic information, it combines journalistic information with ITIS' historic and real-time Floating Vehicle Data (FVD) to provide journey time forecasts and real-time updates. ITIS now operates the largest commercial application of FVD anywhere in the world, and delivers the content over a variety of platforms including RDS-TMC (Alert C), digital radio and automated telephone services (IVR) under the AA RoadWatch brand. • ITIS traffic information is collated from a combination of journalistic and real-time sources using its own FVD network. The data is then transmitted directly to the TMC receiver using a carrier of the Classic FM radio network, which provides coverage of 90% of the strategic road network. • TMC is a European-developed and standardised means of delivering real-time traffic information. Transmitted data is decoded by a receiving device such as a satellite navigation system and translated into text or speech traffic alerts. By combining traffic information delivered via RDS-TMC with the re-routing facilities offered by satellite navigation systems drivers are finally afforded dynamic avoidance of traffic congestion. • Through its NavTrak business (www.navtrak.com), ITIS has developed a unique and innovative stolen vehicle tracking service delivered via GPS/GSM technology, which offers: • Theft detection- even when owner's keys have been taken. (Automatic Driver Recognition - ADR) • Automatic GPS tracking of stolen vehicles (Stolen Vehicle Recovery) • Theft alerts, GPS tracking and police liaison covering 32 European countries • The NavTrak family of telematics units are fitted to over 100,000 vehicles both in UK, mainland Europe, America and Australia (including products made and sold under the manufacturer's name of Minorplanet Systems plc) • ITIS provide traffic data to all mobile phone providers. To receive up-to-date traffic and travel information direct from your mobile 'phone call 401100 from any network; 2222 from Vodafone; 2020 from T-mobile. • ITIS provide traffic data to www.getmethere.co.uk, a comprehensive service from Toyota providing information on route planning, traffic information, traffic alerts and incidents, and weather forecasts. For further information please visit www.itisholdings.com or www.navtrak.com This information is provided by RNS The company news service from the London Stock Exchange