ITIS TO SUPPORT ONSTAR

ITIS Holdings PLC 5 March 2002 5 March 2002 ITIS TO SUPPORT ONSTAR IN EUROPEAN TELEMATICS ROLL OUT ITIS Holdings ('the Company') today confirms that General Motors Europe OnStar is the OEM referred to last year in the company's Financial Statement released on 28th June 2001. The Company can now confirm that, OnStar appointed ITIS as its preferred partner to provide and manage a range of telematics services in Europe following an extensive period of due diligence. Due to restructuring within GM, OnStar is currently unable to give an exact date when these services will be launched but can confirm that it is working alongside ITIS for future projects. Amongst the General Motors brands in Europe are Opel, Vauxhall and Saab whilst OnStar ,a wholly owned subsidiary, is recognised as the largest and longest running telematics service provider in the United States and Germany with over two million subscribers. Knuth Sexauer, Director OnStar Europe said ' ITIS is clearly a leader in telematics and has a proven track record with its RDS-TMC and NavTrak services. We will continue to work closely with ITIS and believe that the Company has an important role to play in telematics throughout Europe.' Stuart Marks, Chief Executive ITIS Holdings said ' Our relationship with OnStar goes to the core of our strategy to be a major service provider to the world's biggest and in previous statements I have indicated that developing these relationships is not a quick process. This announcement is proof that this strategy is clearly working and that ITIS is well positioned to support OEM's as they embrace telematics' Enquiries: Stuart Marks Chief Executive ITIS Holdings plc Telephone: 0161 927 3600 / 07768 454 700 Ginny Pulbrook / Charles Vivian Citigate Dewe Rogerson Telephone: 0207 282 2945 / 0207 282 2808 This information is provided by RNS The company news service from the London Stock Exchange
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