ITIS Holdings PLC
17 September 2003
17th September 2003
ITIS HOLDINGS AGREES MAJOR 3 YEAR CONTRACT WITH BMW FOR RDS TMC TRAFFIC SERVICE
ITIS Holdings plc (ITIS) today announces the largest contract to date for its
RDS TMC (Radio Data System - Traffic Message Channel) service.
Under the terms of a new three year agreement with BMW, RDS TMC will be standard
with immediate effect on all BMW vehicles sold with factory installed satellite
navigation systems and will be available as an upgrade on all DVD based
navigation systems already installed since September 2002.
RDS TMC will be the only traffic information service to be featured as standard
on BMW vehicles and will provide driver enhancement by allowing drivers to
receive real time and predictive traffic information from ITIS enabling them to
avoid and re-route around traffic congestion on the strategic UK road network.
ITIS traffic information combines AA Roadwatch and Floating Vehicle Data (FVD)
which is then broadcast using bandwidth licenced exclusively by the Radio
Authority to ITIS until 2012.
Lee Connolly, BMW Product Manager said: 'Following the introduction of RDS TMC
on the 7 Series it was a logical development for BMW to standardise this
important driver benefit across our entire range of vehicles. Satellite
Navigation is a key requirement for many of our customers and with the added
benefit of RDS-TMC drivers will be able to make informed routing decisions based
upon the prevailing traffic conditions. This could save them time and improve
the quality of their journey and driving experience'
Stuart Marks, Chief Executive, ITIS Holdings commented: 'This is our largest
contract for RDS-TMC and builds upon our strong relationship with BMW. It
immediately delivers substantial on going revenues to the business and
demonstrates that RDS TMC has now been accepted by vehicle manufacturers as the
industry standard for dynamic route guidance. BMW join a growing list of vehicle
manufacturers including, Toyota, Saab, Ford Motor Company and Subaru who already
successfully operate this service'.
Contact:
Stuart Marks, Chief Executive, ITIS Holdings plc - 0161 927 3602
Ginny Pulbrook, Citigate Dewe Rogerson - 0207 282 2945
Note to Editors
• High resolution photographs are available for the media to view and
download free of charge from www.vismedia.co.uk' (or www.vismedia-online.com if
overseas)
• 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 Automobile Association (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 will provide the service to BMW in conjunction with its partner
the AA, with which it collaborates on RDS-TMC as part of a wider agreement
between the two companies. 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.
• TMC is a European-developed and standardised means of delivering
real-time traffic information. Transmitted data is decoded by a receiving
device such as a satellite navigation system and translated into text or speech
traffic alerts. By combining traffic information delivered via RDS-TMC, with
the re-routing facilities offered by satellite navigation systems, drivers are
finally afforded dynamic avoidance of traffic congestion.
• 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 detection- 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 reports to any mobile phone (AutoTrak)
• Mileage reports to show trips and cumulative distances travelled (Journey
Diary)
• The NavTrak family of telematics units are fitted to over 100,000
vehicles both in UK, mainland Europe, America and Australia (including products
made and sold under the manufacturer's name of Minorplanet Systems plc)
• 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.
For further information please visit www.itisholdings.com or www.navtrak.com
This information is provided by RNS
The company news service from the London Stock Exchange
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