Contract Extension

ITIS Holdings PLC 29 August 2007 29th August 2007 CONTRACT EXTENSION MITSUBISHI MOTORS EUROPE HAVE EXTENDED THEIR CONTRACT WITH ITIS ITIS Holdings plc (ITIS) today announces a 3-year contract extension with Mitsubishi Motors Europe B.V. to continue to supply its RDS-TMC (Radio Data System - Traffic Message Channel). The ITIS RDS-TMC service is a standard feature on the factory-installed satellite navigation system, which is available on the new Mitsubishi Outlander and new Mitsubishi Pajero factory fitted satellite navigation systems for the European market. The new Outlander's and Pajero's navigation system is enabled to receive the TMC messages broadcast by ITIS, which holds the UK licence to broadcast TMC which was awarded by the Radio Authority (now Ofcom). Satellite navigation systems enabled for TMC receive real-time traffic information data from ITIS, not only to provide drivers with aural and visual alerts on traffic hold-ups ahead, but also to automatically suggest alternative routes enabling drivers to dynamically re-route around congestion. These advanced features are expected to also be made available later with the all-new Lancer family of cars (Lancer Sports Sedan, Lancer Sportback and Lancer Evolution). Stuart Marks, Chief Executive, ITIS Holdings plc, commented, 'We have enjoyed a strong relationship with Mitsubishi Motors since 2001 and are delighted to see this continue with ITIS as Mitsubishi Motors' exclusive RDS-TMC service provider. Our unrivalled national coverage and ability to provide the highest quality real time traffic data will enable us to continue to ensure that Mitsubishi Motors' customers continue to benefit fully from our dynamic traffic data.' Note: 'Pajero' is 'Montero' in Spain and 'Shogun' in the UK. - Ends - Contact: Stuart Marks, Chief Executive, ITIS Holdings plc - + 44 (0)161 929 5788 Ged Brumby, Citigate Dewe Rogerson - +44 (0) 207 282 2945 Note to Editors ITIS background material 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 journalistic information with ITIS' historic and real-time Floating Vehicle Data (FVDTM) 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 Keepmoving brand. ITIS traffic information is collated from a combination of journalistic and real-time sources using its own FVD network. The data is then transmitted directly to the TMC receiver using a carrier of the Classic FM radio network, which provides coverage of 90% of the strategic road network. ITIS provide traffic data to all mobile phone providers. To receive up-to-date traffic and travel information direct from your mobile 'phone call 64644 from any network; 2222 from Vodafone; 2020 from T-mobile. Calling the 64644 trafficline gives you access to so much more than up-to-the-second traffic updates for any road in the UK. Live studio broadcasts from our traffic studio detail incidents and jams and give you a far more rounded picture of any problem on the roads. Visit www.keepmoving.co.uk for more information. For further information please visit www.itisholdings.com This information is provided by RNS The company news service from the London Stock Exchange
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