New Contract

ITIS Holdings PLC
01 July 2002

                                                                     1 July 2002



               ITIS ANNOUNCE NEW CONTRACT WITH EDDIE STOBART


ITIS Holdings plc, the AIM listed telematics company, today announces a new
contract with Eddie Stobart Ltd., the leading haulage and logistics company,
worth up to £260,000 per year over the next 5 years.

Under the terms of the contract, Eddie Stobart has agreed to subscribe to
NavTrak, ITIS' market leading stolen vehicle tracking service. This contract
follows the agreement in September 2001, to install ITIS' GPS/GSM tracking
devices to the Eddie Stobart fleet, in order to allow ITIS to collect real time
and historic traffic information, a technique known as Floating Vehicle Data
(FVD).  Currently ITIS supplies this traffic information to vehicle
manufacturers, including Toyota and BMW, and has recently announced a long term
contract with the Automobile Association to supply  FVD to their AA Roadwatch
traffic information service.

In addition to the contract to subscribe to NavTrak, Eddie Stobart has also
agreed to take Minorplanet's fleet management system VMI, on 200 trucks, rolling
out to the majority of the UK fleet over the next year.  ITIS has the rights to
sell Minorplanet's fleet management system, VMI, to fleets over 100 vehicles to
whom ITIS had fitted boxes for collecting FVD.  VMI is the world leader in fleet
management with nearly 5000 customers worldwide using the system to save money
and increase efficiency
               
Stuart Marks Chief Executive of ITIS Holdings said 'I am delighted to announce
this contract which builds on our existing relationship and ensures that Eddie
Stobart can maximise the technology that is fitted to their vehicles.  NavTrak's
stolen vehicle tracking service will safeguard their fleet round the clock in
the event of theft or hijack whilst VMI will provide a range of services which
will provide significant cost savings. Eddie Stobart will be the single largest
fleet covered by NavTrak and is proof that companies, especially when self
insured, are keen to protect their assets and their drivers.'

Martin Stewart Group Finance Director of Eddie Stobart said 'Following the
recent hijacking of one of our vehicles we were impressed by the way ITIS were
able to track the vehicle and liaise with the police which led to the recovery
of stolen goods and three arrests.  At that time, our fleet was not covered by
NavTrak's stolen vehicle service but we have moved quickly to ensure that we can
now take advantage of it.'

'We were also impressed by the trial that we did using Minorplanet's VMI and are
confident that as we roll VMI out across our fleet, it will become integral to
the way our business is managed and we are confident the savings to our business
will be considerable.'


Enquiries:        Stuart Mark
                  Chief Executive
                  ITIS Holdings plc
                  Telephone: [phone]

                  Ginny Pulbrook/Rupert Steveney
                  Citigate Dewe Rogerson
                  Telephone: [phone]




Notes to Editors:

ITIS Holdings plc, listed on Aim, is the UK's leading full-service telematics
company providing content and services to vehicle manufacturers as well as
directly to its own customers.

ITIS currently has contracts for the provision of traffic information with
Toyota (GB) PLC, BMW Great Britain and has been appointed by General Motors
Europe OnStar as its preferred partner to provide and manage a range of
telematics services in Europe.

ITIS has developed and operates a unique system to collect and analyse traffic
information using a combination of journalistic and Floating Vehicle Data (FVD),
to provide journey time forecasts as well as real-time traffic updates.

This content is delivered over a number of platforms including RDS-TMC, Digital
Radio, IVR and directly to its own consumer telematics system, NavTrak.

Through its NavTrak business (www.navtrak.com), ITIS has built the UK's largest
consumer telematics brand for which it has developed a range of unique and
innovative security and location based driver services delivered via GPS/GSM
technology.

For further information please visit our website at  www.itisholdings.com




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