CybIT Holdings PLC
  04 December 2008
   


    Date:                       4 December 2008
    On behalf of:          Cybit Holdings Plc ("Cybit" or "the Company" or "the Group")
    Embargoed until:    0700hrs


    Cybit Holdings Plc 
    Cybit Awarded Three-Year contract with Enterprise Plc

    Cybit Holdings Plc (AIM: CHY), the international provider of telematics based products and services for the management and control of
land and sea based assets, has been awarded a three-year contract by Enterprise Plc, the nationwide provider of asset maintenance and
refurbishment services for utilities, public and private sector companies.

    Cybit's telematics solution will be supplied to the Power Services Division of Enterprise and will be responsible for tracking all
vehicles within its LCV fleet. These vehicles are used to maintain overhead power lines and pylons across the country for leading utility
providers including the National Grid and EDF Energy.

    The implementation of Fleetstar-Online will enable Enterprise to analyse its workforce activities and implement strategic cost
reduction, compliance with legislation and customer service enhancements.

    Through the acquisition of Amatics in 2007, Cybit has established a leading position in the Utilities, Local Authorities and Public
Sector telematics market. This new agreement follows a period of strong strategic growth by the Company across the UK and Europe. Cybit
currently supplies a broad range of telematics solutions to leading utility and public service providers including The Highways Agency,
Babcock, Scottish Water and May Gurney plus direct to local authorities including Southwark Council, Hackney Borough Council and Aberdeen
Council.   

    Richard Horsman, CEO of Cybit commented:
    "In the current economic climate more and more organisations are turning to telematics technology to provide a clear overview of their
business. Telematics provides businesses of all sizes with the management information and tools to drive down operational cost whilst
providing opportunities for service level initiatives that can aid future growth - we are proud to be working alongside such a nationally
recognised brand as Enterprise.

    Cybit's strength and breadth of experience in the Government and Utilities arena is a testament to the quality of its service. We
continue to attract new and varied customers, working with them to provide a solution that is second to none."

    Nick Maggs, Managing Director of Enterprise Plc's Power Service Division, added:
    "We expect real ROI from this solution in terms of workforce productivity and fuel cost reduction. The utility service sector is
increasingly competitive and for us to maintain a competitive advantage we need to make strategic analysis of our cost base whilst
maintaining our high levels of customer service and duty of care to our employees. The day-to-day operational tools and data provided by
Cybit will enable us to achieve this. Cybit committed to provide us with a configurable solution - every time we put a challenge to Cybit's
software engineers and service managers they were able to come back with a positive answer."

    -ends-




    For further information, please contact:

 Cybit Holdings Plc              Redleaf Communications       Cenkos Securities Plc
 Richard Horsman, Chief          Emma Kane/Samantha Robbins/  Stephen Keys
 Executive
 Kevin Lawrence, Finance         Rebecca Sanders-Hewett       Tel: +44 (0)20 7397 1930
 Director
 Tel: +44 (0)1480 455489         Tel: +44 (0)20 7822 0200
                                 Email: Cybit@redleafpr.com



    Notes to editors:

�         Cybit operates within three core sectors:  Vehicle Telematics Solutions; Maritime Solutions; and Private Mobile Radio (PMR) based
tracking and precise positioning solutions. Its products and services enable companies to monitor and position mobile assets, manage service
level agreements, enhance employee duty of care and comply with legislation.
 
�         In the Vehicle Telematics sector, Cybit is one of Europe's leading Telematics Service Providers (TSPs).  Approximately 2,000
business-to-business clients use its fleet and asset management solutions to manage in the region of 50,000 mobile assets. Solutions include
in-vehicle technologies, workflow management and internet-based monitoring and reporting software. The Company also provides consulting
services to advise on legal issues such as duty of care and working hours.
 
�         Cybit's Maritime Solutions business, BlueFinger, is recognised as one of the world's leading suppliers of Fisheries Vessel
Monitoring Systems.Bluefinger provides the fisheries authority with the necessary tools for managing their licensed fishing fleets and
coordinating the activity of the fisheries patrol vessels that enforce national fisheries policy throughout the EEZ. BlueFinger's Saffire
system is ideal for race organisers to track the position, direction and speed of each yacht and vessel in ocean going or inshore races.  
 
�         Its PMR business, Cybit Positioning Solutions, provides asset-tracking and security solutions for both maritime and land-based
applications including exploration and mining. Its precise positioning solutions assist in the location and exploitation of oil, gas and
mineral reserves around the globe.
    
 





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The company news service from the London Stock Exchange
 
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