AGM Statement

ITIS Holdings PLC
14 September 2005



14 September 2005



                                 AGM Statement



The following statement will be read by Sir Trevor Chinn, Chairman of ITIS
Holdings plc ('ITIS'), at the AGM to be held at Station House, Stamford New
Road, Altrincham, Cheshire today at 10.00am.

The Group has continued to trade profitably in the first five months of this
financial year in line with expectations.  We are confident that this will be
maintained as demand for our services in the UK and overseas continues to grow
strongly.

We are very happy with the progress made with Cellular Floating Vehicle Data ('
CFVD') which we currently operate primarily outside of the UK.  Our partnership
with Delcan.NET has so far been successful for both parties culminating last
week in the Department of Transport of the State of Missouri commencing
exclusive negotiations with us for the supply of CFVD to the cities of St. Louis
and Kansas City and across 5,400 miles of roadway. This important contract was
won against competition from leading transportation consultancies and other
providers of cellular traffic probe technologies. Interest in CFVD remains high
in many areas, especially in the US, and as we win further contracts there we
are confident the ITIS technology will become accepted as the benchmark against
which other technologies will be measured.

The success of our UK business and impressive domestic and international
customer base continues to reassure potential customers overseas of our ability
to deliver and we believe that over time many of our applications will be
replicated in these new markets.

A key ingredient for CFVD is commercial and operational support from the mobile
networks and on this basis our roll out plans will take into consideration those
countries where a network can most easily meet our requirements.

ITIS continues to be the clear market leader in RDS-TMC services and has
contracts with sixteen car manufacturers, all of the aftermarket suppliers and
with most suppliers in the Personal Navigation Device market. These include
TomTom, Navman, Naviflash, Route 66 and Co-Pilot.

We are pleased to announce today that our success in this area continues with
recent agreements to provide traffic information to the AA for their Navigator
product and also with Blackspot Interactive who own the market leading Road
Angel products and have just launched their own navigation system, Road Angel
Navigator.

Central and local Government remains an important area for us and we are
particularly pleased to be providing our FVD system to Transport for London,
which covers not only the main roads and motorways but is providing high quality
speed and flow data in areas where cameras and fixed sensors are not available
NavTrak is now profitable and is enjoying growth as a result of our focus on 
manufacturer customers who include, Bentley Motors, Ferrari, Land Rover and 
Maserati.

The Board are pleased with the recent contract wins and the financial 
performance of the Group and believe that ITIS is well positioned for further 
dynamic growth.


- ends -

Technology Demonstration:


ITIS Holdings plc will be hosting a demonstration of their CFVD (Cellular
Floating Vehicle Data) Technology for analysts and fund managers, on Thursday
15th September from 4-5:30pm at 3 London Wall Buildings. No further trading
update will be given.

If you would like to attend please contact Jonathan Imlah, Altium on 020 7484
4040.



Contact:

Stuart Marks, Chief Executive, ITIS Holdings plc - 0161 929 5788

Ginny Pulbrook, Citigate Dewe Rogerson - 0207 638 9571





                      This information is provided by RNS
            The company news service from the London Stock Exchange