ITIS Holdings PLC
03 March 2003
3rd March 2003
BMW (GB) LTD CHOOSES NAVTRAK FOR
STOLEN VEHICLE TRACKING
ITIS Holdings plc (ITIS) today announces that BMW (GB) Ltd. has selected NavTrak
as the approved GPS vehicle tracking system for installation as an accessory to
all BMW models. The NavTrak system will be available as an accessory fit to all
new and pre-owned cars, through the BMW network of 154 dealerships.
NavTrak anticipate a high penetration in new BMW vehicles given the insurance
group rating of the cars. In addition NavTrak anticipate a high level of sales
from existing BMW owners who will wish to avail of the consumers benefits and
peace of mind a NavTrak System delivers.
Stuart Marks, Chief Executive ITIS Holdings plc, says: 'NavTrak has been
extensively evaluated by BMW alongside our major competitors. We are delighted
that the features such as full European service coverage and our market leading
Automatic Driver Recognition system (ADRTM), and the ease of installation have
led BMW to choose NavTrak. This selection is a major endorsement of our system
and the service we deliver'.
John Marchant, Aftersales Marketing Manager of BMW commented, 'Protecting the
investment made in the vehicle is a major concern of our customers. The unique
features of the NavTrak system provides us with the industry leading solution
that meets our high engineering standards and provides our customers with
significant peace of mind. Now our customers can take their vehicles anywhere
in Europe secure in the knowledge they will benefit from the same security
features there as they do at home in the UK'.
Note to editors: Accompanying photography is available.
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 information from the AA traffic
control centres 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.
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 alerts, vehicle tracking and police liaison throughout
Europe.
• 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 at
www.itisholdings.com or www.navtrak.com
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
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