Licence Extension

ITIS Holdings PLC 13 December 2002 13th December 2002 ITIS extends Additional Service licence for further eight years ITIS Holdings plc (ITIS) today announces that the Members of the Radio Authority have awarded the Additional Service (AS/1) licence to the Company for the broadcasting of a commercial RDS-TMC service (Radio Data System - Traffic Message Channel). The new licence has been awarded to ITIS for a period of eight years from 1 January 2004 and ensures that the Company remains in its current position as the exclusive national provider of this service. The award of the licence is conditional upon the acceptability to the DTI of the technical plan submitted by ITIS. ITIS currently provides RDS-TMC to vehicle manufacturers Toyota and BMW as well as VDO Dayton, Panasonic and Alpine navigation systems. Stuart Marks Chief Executive of ITIS commented, 'We are delighted to have been awarded the AS/1 licence for a further eight years. This is excellent news for both the automotive industry and drivers who rely on the integration of dynamic traffic information to avoid congestion. RDS-TMC is the only international standard for providing traffic data to a navigational system. It is widely adopted by manufacturers with virtually all screen based Satellite Navigation systems being TMC compliant. Many vehicle manufacturers see this as a low cost entry point to providing high quality driver information services. The award means we can continue to support our existing customers as well as further develop our services in the knowledge that we have a long term channel to market'. Contact: Stuart Marks - ITIS Chief Executive on 0161 929 5788 Rupert Steveney - Citigate Dewe Rogerson on 0207 282 2945 Notes to editors: ITIS Holdings plc, listed on Aim, is the UK's leading provider of traffic information and vehicle security services. RDS-TMC (Radio Data Service - Traffic Message Channel) is the European Standard for providing traffic data over conventional FM radio to in-vehicle receivers which include car radios and in-car navigation systems supporting TMC functionality. Traffic information is transmitted as a code that is then translated into voice, text or icon depending on the receiver. The ITIS TMC service conforms to the standards which are now being adopted by many of the leading receiver and navigation system manufacturers. The Company recently issued an authoritative report on the market for RDS-TMC and satellite navigation. This is available by contacting the Company on 0161 929 5788 or info@itisholdings.com ITIS has invested in the development of a unique system for the collection and analysis of traffic information; it combines information from the 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. 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 alerts, vehicle tracking and police liaison throughout Europe. For further information on the Company please visit our website at 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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