ITIS Holdings PLC
17 December 2004
17 December 2004
ITIS HOLDINGS AGREES 3 YEAR CONTRACT WITH
VOLVO CARS FOR RDS-TMC TRAFFIC SERVICE
ITIS Holdings plc (ITIS) today announces a new contract with Volvo Car UK
Limited to supply its RDS-TMC (Radio Data System - Traffic Message Channel)
service as a standard feature on the factory-installed RTi satellite navigation
system, which is available across all models in the Volvo Range.
Volvo Cars are the third of the Ford Motor Company brands to standardise the
RDS-TMC service and this contract is part of a larger framework agreement to
provide this service across other Premier Automotive Group brands including
Aston Martin, Volvo and Jaguar. ITIS already supplies RDS-TMC to Ford and Land
Rover.
ITIS traffic information combines Journalistic and Floating Vehicle Data (FVD),
which is then broadcast using national bandwidth via Classic FM which is
licensed exclusively by the Radio Authority to ITIS until 2012.
Hugh Reid, Volvo Car UK's Managing Director said, 'Our decision to standardise
RDS-TMC using ITIS was based upon experience gained on a pilot scheme and
growing customer demand for the service. We believe that RDS-TMC also makes an
important contribution to safety by reducing stress and improving journey
planning. In addition it also improves the re-sale value of our vehicles. We
undertook six months' rigorous evaluation of the ITIS system and are completely
satisfied that it delivers the best traffic information solution to our
customers.'
Stuart Marks, Chief Executive, ITIS Holdings plc, commented, 'We are pleased
that Volvo joins other premium brands in selecting ITIS to provide its RDS-TMC
service. Dynamic Route Guidance turns the RTI satellite navigation system into a
very compelling feature for today's drivers and as a result we expect to see a
continued growth in demand for this product over the coming years.'
Contact:
Stuart Marks, Chief Executive, ITIS Holdings plc - 0161 929 5788
Ginny Pulbrook, Citigate Dewe Rogerson - 0207 638 9571
Note to Editors:
• 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 (FVD(R)) to provide journey time forecasts
and real-time updates. ITIS now operates the largest commercial application
of FVD (R) 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.
• 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).
• The NavTrak family of telematics units are fitted to over 100,000 vehicles
both in UK, mainland Europe, America and Australia.
• 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 UPCGQQ
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