New contract with AA
ITIS Holdings PLC
24 May 2002
24 May 2002
ITIS HOLDINGS AND THE AA ANNOUNCE MAJOR
STRATEGIC RELATIONSHIP
ITIS Holdings plc (ITIS) and Automobile Association Developments Limited, part
of the Automobile Association (the AA) today (Friday 24 May) announce a
significant long-term contract and new strategic relationship.
Under the terms of the deal, ITIS will be responsible for supplying real time
traffic flow information to AA Roadwatch, the traffic and travel division of the
AA, from late November 2002.
The AA will also jointly market, manage and develop ITIS's successful RDS-TMC
service, which is already used by a number of manufacturers including Toyota and
BMW.
The AA now has more than 12 million members, and has agreed to evaluate
opportunities to market NavTrak, ITIS's stolen vehicle tracking system.
ITIS will be providing real time traffic flow data to AA Roadwatch collated by a
technique known as Floating Vehicle Data (FVD). FVD uses information from
selected vehicles operating across the strategic road network, including Eddie
Stobart lorries and National Express coaches. This provides both real-time flow
information, which can be used to alert drivers on traffic flow and congestion,
and historic information, which can be used to predict journey times and select
routes.
The AA will also be assisting ITIS to enhance its FVD network by providing
access to data collected from the AA's fleet of 3,600 patrol vehicles,
representing around 140 million location messages a year.
FVD will then be combined with the AA's own traffic sources to provide high
quality traffic information services for motorists.
Roger Wood, AA Managing Director, says: 'Working with ITIS will enable the AA to
further build upon its reputation as a leading supplier of traffic information
services.
'ITIS has demonstrated that it can deliver high quality traffic information from
its Floating Vehicle Data network. The flexibility and scalability of the
network will provide the AA with an important new, and continuously improving,
source of information.
'This is an exciting development that allows us to further develop services for
our customers and to improve the efficiency of our own AA patrol fleet.'
The AA has recently equipped all its patrol vehicles with the latest in
satellite navigation technology. The deal with ITIS now gives the AA the
opportunity to further enhance this with RDS-TMC traffic information.
Says Wood: 'We believe that RDS-TMC is the best and most cost effective way of
integrating navigation and real time traffic flow information. ITIS and the AA
have both led the way on this important area of telematics in the UK.
'With the AA utilising the service 24 hours a day, we are confident that ITIS'
RDS-TMC service can be further developed to appeal to even more motorists.'
Stuart Marks, ITIS Chief Executive, says: 'This is an important contract for
ITIS and is a significant endorsement of both our FVD network and our strategy
to focus on relevant delivery channels such as RDS-TMC.
'The AA is the UK's leading motoring organisation and one of the most respected
and recognised brands in the UK. This latest agreement together with recent new
business wins from BMW and OnStar clearly positions ITIS as a leader in this
fast developing market.'
ends
Contact:
AA Press Office on 01256 493029
Stuart Marks - ITIS Chief Executive on 07768 454700
Ginny Pulbrook/Charles Vivian - Citigate Dewe Rogerson on 0207 282 2945
NOTES TO EDITORS
The AA is the UK's largest motoring organisation with 12 million members. Its
patrol force of 3,600 patrols attends approximately 4.2 million breakdowns a
year, but the AA's support for its members and customers stretches far beyond
the range of breakdown services. It represents the views and interests of all
road users, working with the Government, police and road safety organisations,
and established the AA Foundation for Road Safety Research in 1996. It is a
major provider of motor and home insurance and financial services, is the UK's
largest travel publisher, and runs the second-largest driving school in the UK -
the only one to use fully-qualified instructors.
AA Roadwatch is a leading provider of traffic and travel news in the UK and
collates traffic information from the widest range of sources including police
control rooms, local authorities, CCTV cameras, dedicated motorcyclists, the
AA's patrol force and jambuster callers. The AA's web-site, www.theAA.com, has
become the most popular motoring web-site in the UK. The AA was acquired by
Centrica in 1999.
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 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