Re Agreement

ITIS Holdings PLC 27 June 2007 ITIS LICENCES TRAFFIC TECHNOLOGIES FOR NATIONAL ROLL OUT IN BELGIUM ITIS Holdings plc (ITIS) is pleased to announce that Be-Mobile, a recently formed Joint Venture between Touring, Belgium's largest touring club and roadside assistance company, and TC-Matix, has signed a 3 year exclusive licensing agreement to use ITIS road traffic collection and distribution technologies in Belgium. ITIS will receive an upfront licence fee and royalty payments on future revenues. This agreement follows the successful pilot of the ITIS Cellular Floating Vehicle Data (CFVDTM) technology in Antwerp, which was undertaken using data from the Proximus network, the largest mobile operator in Belgium. Be-mobile will now expand on the Antwerp system to launch a nationwide deployment of CFVD TM using data from the Proximus network. The cellular data will also be merged with GPS Floating Vehicle Data (GFVDTM) to provide high quality flow data across the whole of Belgium. ITIS is a leading provider of real time and historic traffic information and operates the world's most commercially successful Floating Vehicle Data (FVD(R)) system. ITIS will work closely with Be-Mobile to deliver commercially proven applications such as IVR telephone services and RDS-TMC. Be-Mobile's vision is to become the market leader for real-time traffic information in Belgium, providing services such as internet web maps, telephone information services and broadcast services including RDS-TMC for in-car satellite and other navigation systems. It will also provide historic traffic information to government and road builders to help planning for future improvements to the road network. Commenting, Stuart Marks, Chief Executive of ITIS, said: 'The licensing agreement with Be-Mobile represents a significant step for ITIS in Europe and demonstrates how we can move from a pilot programme to full national deployment. By licensing our technologies with strong local partners, we can enter into new markets quickly and with minimum risk.' Jan Cools, Chief Executive of Be-Mobile, said: 'We are been impressed with the ITIS technologies and the successful business model ITIS operates in the UK. Our licensing agreement with ITIS will provide Be-Mobile with the traffic information systems and business logic to enable us to offer market-leading traffic services in Belgium.' - Ends - Contact: Stuart Marks, Chief Executive, ITIS Holdings plc - + 44 (0)161 929 5788 Jan Cools, Chief Executive, Be-Mobile NV, + 32 495 280 880 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 AA RoadWatch 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. Studio broadcasts and 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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