I've heard,as we all have about the report commissioned by TFc, to the detriment of ITH, but the one shares mag recons that if the report is unfounded that TFc will "be swept aside" as itis will be able to provide information across the whole country, not just the 'A' roads and Motorways... i invite your comments

With Estimotion ITIS have the upper hand. They will soon be providing data across the UK and have the prestigious Government contract with the Department of Transport. They are also winning contracts internationally.

daviesnc - where can I find this report commissioned by TFC?

It's so good to see ITH going from strength-to-strength whilst the sp of Trafficmaster drops like a stone, especially following T'Masters attempts to discredit ITH last year. It's called justice :-)

I AGREE with you queen1 it look like JUSTICE IHOPE THAT THERE ismore to come///like bye bye TFC

V.good bristlelad! Now that is a scenario - if TFC went under ITH would stand to gain an awful lot. I'm sure it won't happen but if it did it would serve TFC right for their previous underhand tactics.

The drop today on the earnings downgrade has been overdone IMO. The company is still steaming ahead in its markets, is cash generative and continues to win business. This is an excellent time to top-up, again IMO.

heading to 20p, the income is not as much as everyone thought.

TFC is posing as a threat as insurance companies will incorporate the TFC black box for the pay as you drive, but the box is also serves as a satnav... remember 2003 peugeot was the first to award TFC a contract then all the others followed, next month citroen is fitting smartnav as standard, the insurance industry and the car manufacturers are going to compliment themselves... its all rather logical, so what will happen to pda satnavs and mobile phone satnav's... well sales will drop as people wont need them as there car will already have a satnav.. also the goverment now wants to bring in a law where mobiles and pda's are illegal to use while in a vehicle... what else is a + for TFC is the goverment wants to use the same system as Norwich Union for the road congestion charge...

so therefore my target for ITIS is now 20p or less... good op to open a short

new contract signed in the usa on friday... check this out

Looks like ITIS has signed the CFVD contract in Missouri on Friday:

http://www.thenewspaper.com/news/08/814.asp


Missouri Signs Statewide Cell Phone Spying Contract
The state of Missouri has signed a contract to monitor the location and speed of cell phone owners traveling on Missouri highways.

On Friday, the state of Missouri signed a $6.2 million contract with National Engineering Technology Corporation (NET) to track the movement of motorists on the state's 5500 mile network of major roads. NET and Canadian company Delcan NET are owned by the UK firm ITIS Holdings. The first test of the system could begin next week in Kansas City and St. Louis.

The high-tech spy network will track the movement and speed of individuals without their consent by "mining" data from cell phone companies that agree to provide full access to their infrastructure. The names of the companies involved have not been released. Wireless phone networks have been upgraded to comply with federal regulations so that 911 operators would know the exact location of a caller in an emergency. The NET system will operate any time a cell phone is turned on, whether a call is being made or not.

A similar monitoring program in Baltimore was funded primarily from federal money, including earmarks in the TEA-21 highway bill under the title "I-95 Corridor Coalition" and from the Department of Transportation ITS Joint Program Office.

"If you travel on a certain route every day, we'll eventually be able to give you alerts to see if an instance would keep you from getting to work on time," NET project manager Steven McDonald told the AP. "This has a lot of potential."

looks like 1 on the way

Come on katcenka, make your mind up. On 16 November you said we were heading towards 20p after I'd posted that the falls had been overdone. And now you're suggesting we're heading towards 1. I agree, the info above is excellent news and my leanings are higher rather than lower for the sp but is this your final stance?!

happy for a quick profit on these, But i do think these are rediculously overpriced, but hey if the the market wants it to go up, fine by me

Why "ridiculously overpriced"?

More good news for ITH. Ridiculously overpriced? I don't think so.

ITIS Holdings plc ('ITIS' or the 'Company') announces today that it has received
notification from its US partner, Delcan NET, that an agreed form contract has
been approved by the Missouri Highways and Transportation commission. This is
to supply ITIS' Cellular Floating Vehicle Data to the Missouri Department of
Transportation on 5,400 miles of roadways.

The contract, covering a two year period, renewable annually thereafter is for a
total of US$6.2 million (3.6 million) and will be shared between ITIS and
Delcan NET. ITIS does not expect to recognise any revenues from the contract in
the current financial year (ending 31 March 2006).

only 50% of the contract.. oh dear... but should see this clear 70p ;-)

oh dear it dont look like it will even clear 64p let alone 70p

Kat - When do you think the TFC chart will start going in an upward direction, you have given this one a lot of support recently but again confidence seems to be mis-placed.

TFC will keep dropping until

1) directors buy shares
2) another standard fit contract is announced

Katcenka - If you're going to keep de-ramping ITH it would be good to back it up with facts otherwise your obvious short position will not bear fruit. This is a strong business, heading in the right direction. Put up or shut up!

2% rise, wow.. markets were really impressed with that news

Now that's what I call facts to back up an argument kat. Well done you. I can't live with that strength of in-depth analysis and reasoned thinking. Perhaps I should sell my holding as soon as the markets open tomorrow. My hero.

should they even of bothered marking it up

Katcenta have you finished with bsp,or are you still in it,no posts since its fallen.

sitting tight with it mate... next year, waiting for it to drop then will buy loads more

oh no kat - not more bad luck, im sure it will all come good for you one day. But i must admit i and im sure many others will be keeping well away from your tips until we see some success.

ITH been treading water recently around 60-65p but has broken down through that today, despite being a Shares Magazine tip for 2006. Anyone any ideas on when more contract news can be expected to bolster the sp again?

been watching this for some time, my guess is people are dumping this and moved back over to TFC.. the share price is on the move upwards, and its got a lot further to go, ITH has reached peek value and can only drop further now..

will be looking to get in this once its price is corrected around the 30p mark

I don't agree potatohead. On what basis has it reached peak value? It has outperformed TFC over the last 18 months which has been especially satisfying after TFC's research report trashed ITH's technology in favour of its own. It has secured a State contract in the US and there are 50 more of those potentially and car makers keep signing up.

Great set of results, a swing into profit and lots of cash - but still marked down 9% so far today by the market!

ITIS Holdings PLC swung to profit in the year to March 2006 and said the current year has started well. It added that it is confident it will maintain growth.

The road traffic information and data specialist reported a pretax profit of 1.99 mln stg, up from a loss of 1.35 mln a year earlier on turnover of 14.4 mln stg, up from 10.16 mln.

The group said its year end cash balance remains strong at 5.7 mln stg, compared with 3.41 mln a year earlier.

ITIS said its UK business continues to experience strong growth and is highly profitable.

Chief executive Stuart Marks added that through a combination of the group's largely fixed cost base and a growing number of customers, it is becoming substantially profitable.

Whilst the timing of new contracts is difficult to predict, the group remains encouraged about overseas expansion, particularly in the US, and believes that demand for its services will only increase as road traffic congestion worsens around the world, Marks said.

More good news for ITIS:

Intelematics Australia Pty Ltd ('Intelematics') and ITIS Holdings plc ('ITIS') are pleased to announce that they have entered into an agreement for Intelematics to licence and deploy ITIS developed RDS TMC software for a nationwide RDS-TMC service in Australia.

Intelematics intend to launch the first commercial broadcast RDS-TMC service in
Australia from early 2007. This service will be received by a growing number of both in-car navigation devices and personal navigational devices (PND) to allow
dynamic routing to be used to avoid traffic congestion and hence minimise journey times. RDS-TMC is the chosen route for this new service as it is the most popular world-wide standard for broadcast traffic services and is already adopted by car manufacturer systems and the PND product manufacturers that are represented in the Australian market.

Intelematics is working with ITIS to integrate average vehicle speed data from road loops in metropolitan areas into the TMC application, and to merge that
information with journalistic data entered by traffic operators with more detailed knowledge of incidents affecting the road network. With both the 'cause' and 'effect' information that these sources provide Intelematics, utilising the ITIS application, will be able to provide a high quality traffic service to road users.

The agreement starts with immediate effect to deploy the trial system ahead of
commercial launch, and will continue until at least December 2011.

Adam Game, CEO of Intelematics said, 'We are delighted to be working with ITIS
as we are confident that their prominence and success in the RDS-TMC field will
help us achieve our goal of extending the reach of our traffic services to this
important group of customers.' Game added, 'For our customers, technical alignment of our RDS-TMC implementation with Europe's leading commercial RDS-TMC service will minimise risk and unnecessary localisation that would otherwise be involved in adding traffic to navigation systems in the Australian market'.

Stuart Marks, Chief Executive of ITIS Holdings said, 'As the leading provider of
commercial RDS-TMC services, we are delighted that Intelematics have chosen to
use our software and platform for their own service in Australia. This is the first time that we have licensed our proprietary TMC platform which currently supports over 250,000 drivers in the UK and is the largest commercial deployment of TMC anywhere in the world. '

A very confident sounding update:

ITIS Holdings said it expects full year profits to be ahead of expectations as it reported that all areas of its UK business have traded strongly in the first five months of the year. In an AGM statement Chairman Sir Trevor Chinn said UK growth has been led by consumer demand for factory fit and aftermarket satellite navigation systems. The company has won contracts since the start of the current financial year with Ford and BMW.

'We continue to provide traffic data to most of the leading manufacturers of personal navigation devices and our business with central and local government remains strong. We continue to add new services and functionality to our IVR business and have seen a steady rise in the core minutes per user,' he added.

Chinn said that the company remains confident of its ability to generate new business overseas but that it will do this at a pace that is right for the company. The company also announced that it is testing its CVFD technologoy with a large mobile phone operator to see how anonymous signalling data from the operator's network can help generate road traffic information in a 'large metropolitan area in Europe'.

More good news:

ITIS Holdings has agreed a new traffic data contract with personal navigation devices company TomTom, replacing a previous 18-month agreement.

The company said the new contract includes supply of traffic information to support RDS-TMC standard real-time traffic data which TomTom is launching soon.

Under the earlier contract, ITIS said its traffic data was offered to TomTom customers via a third party integrator.

ITIS Holdings plc today announces that it has agreed a new contract with Clear Channel Outdoor, the UK's leading outdoor advertising company to operate an interactive voice response telephone service. The service will be accessible on all mobile phone networks via the short code 62266 and will deliver the latest traffic information sourced from ITIS's Floating Vehicle Data and supplemented with additional broadcast content form ITIS's exclusive partner TrafficLink. The new service is branded 'The Hound' and will be extensively promoted across Clear Channel Outdoor advertising media.

Commenting Stuart Marks, Chief Executive of ITIS said: 'We welcome this opportunity to extend our range of telephone based information products and are delighted that Clear Channel Outdoor has selected ITIS to be their partner and service provider. We believe this relationship will provide a unique opportunity for cost effective promotion that will quickly deliver high levels of public awareness.'

David Oliver, Clear Channel Outdoor's Finance Director said 'We are excited by this opportunity to create an innovative product that we believe the travelling public will find invaluable and look forward to working with the ITIS team on more projects in the future.'

Excellent results from ITH!

ITIS Holdings reported a near-300% jump in its first half pretax profit as sales and margins improved.

The road traffic information and data firm said current expectations for full year profits are now slightly ahead of those it had anticipated in September.

Pretax profit for the six months to end September totaled 1.8m, compared with 0.45m the year before.

Sales of 8.9m were 41% higher than the same period last year, as the UK business continued to trade ahead of expectations.

'The UK market continues to experience strong growth and the board believes that the potential exists to add to this growth outside the UK,' said CEO, Stuart Marks.

Earnings per share were 1.8p, up 350% year-on-year.

The group's cash balances rose to 7.2m from 5.7m last year while R&D spend went up to 0.46m from 0.41m last year.

not exactly mega turnover thou is it

Still a far better bet than Trafficmaster in this field and oodles of potential in the US and further afield.

Does anybody know whether we are due a trading statement soon?

Here's the trading statement....and the reason for the SP upswing today:

ITIS Holdings is pleased to announce a pre-close trading statement for the year ended 31st March 2007. The Company has demonstrated substantial growth in this last year and expects to report results ahead of current market expectations.

All areas of the UK business contributed to this strong performance whilst our international activities are now developing successfully through a combination of confirmed new projects and demand for the services we offer. We completed the disposal of NavTrak Limited, our stolen vehicle tracking business at the end of March and are now focussed entirely on traffic data collection, aggregation and distribution.

Through the combination of market leadership in the UK and considerable scope for international growth, the Board is confident of reporting continued progress in the future.

The Company expects to announce its Preliminary Results for the year ended 31st
March 2007 in June 2007.

I also note that Altrium have reiterated their buy stance and upped their price target to 90p in light of the pre-close statement.

also, the shares are on the verge of a breakout.....

Good news on both counts sportbilly1976.

An excellent year and dividends to boot! A reward for those who have been in ITH for a long part of their journey:

Road traffic information and data firm ITIS Holdings reported a 361% leap in FY pretax profits to 9.45m. Numbers were boosted by the successful disposal of its NavTrak vehicle tracking business.

Adjusted FY pretax profit increased 140% to 3.9m on turnover that was 30.3% ahead at 18.79m, the company reported.

The company has proposed a maiden dividend of 1.5p a share.

CEO, Stuart Marks, said he was now targeting international growth. 'Whilst last year's revenues were almost entirely UK based, we are now expanding our business internationally and believe that we will start to see new revenue from these international activities to complement steady growth in the UK,' he said.

The current financial year has started well and the board remains confident about the company's future prospects, he added.