Re Contract

ITIS Holdings PLC 26 October 2006 ITIS extends DfT congestion monitoring contract for a further 12 months ITIS Holdings plc ('ITIS or the 'Company') today announces that the Department for Transport (DfT) who maintain and improve the network of trunk roads and motorways in England has extended the existing contract to license ITIS' historic Floating Vehicle Data (FVD(R)) to measure congestion across the road network for a further twelve months. ITIS has developed and now operates the world's largest FVD(R) system using information gathered from tens of thousands of cars, commercial vehicles and coaches, all of which are equipped with position enabled devices. Data is gathered by ITIS in real time and stored for historic analysis. Under the terms of the agreement, the DfT will purchase historic data from ITIS for a further year enabling statisticians to measure the ongoing impact of congestion. ITIS data will also be made available to local authorities in England to help them produce and measure the effectiveness of Local Transport Plans. Stuart Marks, Chief Executive, ITIS Holdings plc said, 'We are delighted to continue our working relationship with the DfT and as our base of historic information continues to grow, so does our contribution to this project'. - Ends - 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 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. This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings