Ithaca Energy Regulatory News (ITH)

11 Feb 2008 07:00

ITIS Holdings PLC11 February 2008 Real time traffic information trial in Barcelona with Telefonica Espana ITIS Holdings plc, ("ITIS" or "the Company") is pleased to announce that througha collaboration with Telefonica, the largest mobile network in Spain and one ofthe largest mobile groups in the world, real time traffic information has beensuccessfully launched in a test area of Barcelona using the company's CellularFloating Vehicle Data system (CFVD(TM)). A total of 663 km of Barcelona's roads are covered by the CFVD(TM) system, whichprovides high quality speed and flow data using operational information from theTelefonica network. The data is being presented for the first time at the 3GSMMobile World Congress in Barcelona by ITIS. Garmin, a world leader andmanufacturer of personal navigation devices, will also be demonstrating thisCFVDgenerated speed and flow data on some of their devices at the event. Stuart Marks, CEO, ITIS Holdings plc: "We are delighted to be working withTelefonica on this exciting project. Our CFVDtechnology has once againproven that ITIS can generate high quality traffic information from a cellularnetwork. Following the recent and successful national rollout of CFVDinBelgium, we are confident that we will be able to move quickly to a nationalservice in Spain." Francisco Puertas, LBS Manager, Telefonica Espana: "Working with ITIS on thisimportant project has enabled us to demonstrate how information from our ownnetwork can support a high quality traffic services. ITIS has already proventhe scalability of its CFVD technology over the Telefonica's mobile network" Ends Notes to editors: 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 (FVD (TM)) 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. Outside of the UK ITIS uses its Cellular Floating Vehicle Data (CFVD (TM)) 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. For more information please visit www.itisholdings.com or emailinfo@itisholdings.com Enquiries: Stuart Marks, ITIS Holdings plc - 0044 161 929 5788 Ged Brumby, Citigate Dewe Rogerson - 0044 207 638 9517 This information is provided by RNS The company news service from the London Stock Exchange