Ithaca Energy Regulatory News (ITH)

1 Sep 2005 07:00

ITIS Holdings PLC01 September 2005 Thursday 1 September 2005 ITIS APPOINTED AS UK TRAFFIC DATA PROVIDER TO NAVMAN ITIS Holdings plc (ITIS) today announces it has agreed a long term contract withNavman, a leading manufacturer of world class Global Positioning System (GPS)navigation systems to provide live traffic data to a range of personalnavigation products. ITIS data will be delivered to individual devices via RDS TMC and will offerusers both a comprehensive overview of traffic conditions and the option ofdynamic route guidance to reroute and avoid traffic delays as they occur. Navman chose ITIS traffic data after an extensive period of evaluation andtesting comparing the content with other UK traffic information providers. Commenting on the new contract, Stuart Marks, Chief Executive of ITIS said: "Weare very pleased to be working with Navman, a company characterised byoriginality, innovation and great new products that will now benefit from ITIS'sreal time traffic data conveniently delivered via a national network of RDS TMCtransmitters. This adds another top brand to our rapidly growing list ofpartners in the personal navigation device market, which now includes Sony, TomTom, Naviflash, CoPilot and Route 66". Prash Vadgama, Navman's President Global Sales and Marketing said "We chose ITISbecause we were convinced that their service offers the best combination of dataand coverage and look forward to integrating it into our products to ensure thatour customer's navigation and travel experience are as economical and enjoyableas possible". Ends Contacts: Stuart Marks, Chief Executive, ITIS Holdings plc - 0161 929 5788 Ginny Pulbrook, Citigate Dewe Rogerson - 0207 638 9571 Note to editors: ITIS Holdings plc, listed on Aim, is the UK's leading provider of trafficinformation and vehicle security services. ITIS has invested in the development of a unique system for the collection andanalysis of traffic information; it combines information from Trafficlinkcontrol centres with ITIS Historic and real-time Floating Vehicle Data (FVD) toprovide Journey time forecasts and real-time updates. ITIS now operates thelargest commercial application of FVD anywhere in the world, and delivers thecontent over a variety of platforms including RDS-TMC (Alert C), digital radioand automated telephone services (IVR) under the AA Roadwatch brand. Through its NavTrak business (www.navtrak.com), ITIS has developed a unique andinnovative stolen vehicle tracking service delivered via GPS/GSM technology,which offers theft alerts, vehicle tracking and police liaison throughoutEurope. • Detection of theft - 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 20 European countries (EUROWATCH) • Instantaneous position report to any mobile phone (AutoTrak) • Mileage reports to show trips and cumulative distances travelled (Journey Diary) For further information on the Company please visit our website atwww.itisholdings.com or www.navtrak.com This information is provided by RNS The company news service from the London Stock Exchange