Agreement

ITIS Holdings PLC 21 March 2003 21 March 2003 FERRARI AND MASERATI UK SELECTS NAVTRAK FOR STOLEN VEHICLE TRACKING ON FERRARI AND MASERATI ITIS Holdings plc (ITIS) today announces that Ferrari and Maserati UK, the distributor for Ferrari and Maserati, has approved NavTrak as the only vehicle tracking system to be installed as standard on all new Ferrari and as an option on Maserati. The NavTrak system will be available from 1 April 2003, both as a standard fit to all new vehicles and as an aftermarket installation to pre-owned cars, through the network of 15 Ferrari and Maserati dealers. Over 400 Ferrari vehicles are sold in the UK per annum and NavTrak anticipate a high level of sales from existing Ferrari and Maserati owners who will wish to benefit from the peace of mind a NavTrak System delivers. Stuart Marks, Chief Executive of ITIS Holdings Plc commented: 'NavTrak has been extensively evaluated by Ferrari and Maserati UK alongside our major competitors. We are delighted that the features such as full European service coverage, Automatic Driver Recognition (ADRTM) and the ease of installation have led NavTrak to be chosen. This selection is a major endorsement of our system and the service we deliver'. Philip Mills, Operations Director of Ferrari and Maserati UK commented: ' Protecting the investment made in the vehicle is a major concern of our customers. The unique features of the NavTrak system such as Automatic Driver Recognition and European coverage provide us with the industry leading solution that meets our high engineering standards and provides our customers with significant peace of mind'. - ends- 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. Services include; • 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) 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). 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, 020 7282 2940 This information is provided by RNS The company news service from the London Stock Exchange UDGGXG
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