Re Agreement

ITIS Holdings PLC
05 May 2005

5th May 2005                                     


ITIS ENTERS INTO AGREEMENT WITH DELCAN FOR DELIVERY OF CFVDTM TECHNOLOGY ACROSS
NORTH AMERICA


ITIS Holdings plc ('ITIS') is pleased to announce that it has entered into a new
agreement with Delcan•NET Inc. ('Delcan'), a US based provider of transportation
management and traveller information systems, to accelerate the delivery of
Cellular Floating Vehicle Data ('CFVDTM') traffic flow management projects to
public agencies in North America.


ITIS has previously collaborated with Delcan to establish the initial North
American CFVDTM project in Baltimore (Maryland, USA).  The CFVDTM technology,
developed by a subsidiary of ITIS based in Israel, generates real time traffic
flow information based on anonymously sampling the positions of mobile phones in
moving vehicles.


One of the challenges for ITIS has been to satisfy the demand for CFVDTM in
North America without incurring the cost of an expensive business development
and operational infrastructure. Working with Delcan will enable us to access the
public agencies, such as State Departments of Transport  in a cost effective and
rapid manner, many of whom Delcan already work with.  Under the terms of the
agreement, Delcan will receive certain commission payments dependent on the
contract size and their level of involvement.


Stuart Marks, Chief Executive, ITIS Holdings plc added: 'Formalising our
relationship with Delcan will enable us to roll out CFVDTM to many more public
agencies in North America at greater speed and at less cost than if we had
undertaken this by ourselves.  CFVDTM is an exciting and proven technology with
fully developed working sites in Israel, Belgium and Baltimore.  We believe that
with Delcan, we can continue to successfully deliver CFVDTM projects in North
America.'


Jim Kerr, Chairman and Chief Executive Officer, Delcan said 'We selected ITIS as
our exclusive partner for this technology because of their proven track record
in the traffic information business and their unrivalled experience in deploying
CFVDTM successfully in European markets where CFVDTM is generating reliable
urban information which up to now has never been available. Our work with the
Maryland Department of Transportation on the Baltimore project, as well as
discussions with state and local Departments of Transportation nationwide, have
convinced us without doubt that there is huge interest in this technology and
commitment to deploy it'.


                                    - Ends -



Contact:

Stuart Marks, Chief Executive, ITIS Holdings plc - 0161 929 5788

Ginny Pulbrook, Citigate Dewe Rogerson - 0207 638 9571


ABOUT ITIS HOLDINGS PLC


ITIS Holdings plc, listed on the London Stock Exchange, is one of the UK's
leading providers of traffic information services. The Company has contracts
with sixteen vehicle manufacturers for RDS-TMC, a service which enables real
time traffic data to be integrated with the vehicle satellite navigation
systems. ITIS also operates national short dial traffic information lines using
IVR technology across all the cellular network and provides historic traffic
data to central and local Government.


More information can be found at www.itisholdings.com


ABOUT DELCAN

Delcan•NET is an award-winning multi-disciplinary management and technology firm
specializing in the Transportation and Information Technology industries.  From
its modest beginnings more than 50 years ago, Delcan•NET has a long history of
developing transportation management and traveler information systems in North
America.

More information can be found at www.delcan.com

ABOUT CFVDTM


CFVDTM was developed by Israel based Estimotion Inc. which was founded in July 
2000 and was acquired by ITIS in December 2003.


CFVDTM is patented technology which provides a unique and high quality system
for measuring and forecasting real time traffic flow based on anonymously
sampling the positions of mobile phones. Whilst an individual record of a mobile
phone's position is typically less accurate than a corresponding GPS record,
this is compensated by the large number of mobile phones on any road, knowledge
of the underlying road network and the application of statistical techniques.
ITIS has developed full working sites, using live mobile phone data in the Tel
Aviv area of Israel, Antwerp in Belgium and in Baltimore and has successfully
calibrated the results against traffic simulation models and loop data.


ITIS has a US patent with 149 claims for this technology which complements the
US patent 'Instantaneous Traffic Monitoring System' which  the company acquired
on 1 November 2002.







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