New Contract

ITIS Holdings PLC 02 February 2004 Monday 2nd February 2004 FORD MOTOR COMPANY STANDARDISE SATELLITE NAVIGATION WITH ITIS TRAFFIC INFORMATION ITIS Holdings ('ITIS') announces today that its RDS-TMC Traffic Information Service will be supplied on all Ford Mondeo Zetec Nav vehicles, a new model which for the first time features satellite navigation as standard equipment and is specifically targeted at business users and fleets. Significantly, this model will be priced at only £375 more than the standard Ford Mondeo Zetec, representing the first time that the cost of factory-installed navigation has reached a price level at which it can be standardised on a main stream model. It also confirms that satellite navigation systems can no longer be viewed as a luxury car option and therefore underlines the growth potential of this market. Many business customers cannot specify options on their car and this can be frustrating especially with a valuable tool like traffic enhanced satellite navigation. The Ford Mondeo Zetec Nav is aimed directly at those customers and will remove the need for them to seek alternative systems in the after market Stuart Marks, Chief Executive of ITIS Holdings, commented, 'We are excited by this latest initiative from Ford and the exposure that RDS-TMC will receive as a result. Factory installed satellite navigation has now reached a pricing level at which the manufacturer can afford to standardise systems on mainstream models. ITIS, through its exclusive license to broadcast RDS-TMC, is ideally placed to take full advantage of the growth of satellite navigation. A key advantage for us is that RDS-TMC is now recognized by manufacturers and customers as an essential enhancement to turn by turn navigation.' Peter Fleet, Ford of Britain, Marketing Director, said, 'The Ford Mondeo Zetec Nav specifically caters for essential users and key fleet customers who cannot specify options on their company cars. It also offers an additional proposition for retail customers recognizing the growing market for satellite navigation systems.' - ends Contact: Stuart Marks, Chief Executive, ITIS Holdings plc, 0161 929 5788 Ginny Pulbrook, Citigate Dewe Rogerson, 020 7638 9571 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. • ITIS provide traffic data to all mobile phone providers. To receive up-to-date traffic and travel information direct from your mobile ' phone call 401100 from any network; 2222 from Vodafone; 2020 from T-mobile • ITIS provide traffic data to www.getmethere.co.uk, a comprehensive service from Toyota providing information on route planning, traffic information, traffic alerts and incidents, and weather forecasts. 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) For further information on the Company please visit our website at www.itisholdings.com or www.navtrak.com This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings