The chart for this stock says it all.

The company is quickly becoming a real gem in the telematics field, over the last month the co. has announced re-seller contracts which will bring in min. 2m or >30% of last years T/O alone.

The company is already experiencing massive organic growth so the co. should be profitable now following last years 500k loss.

The co. has approx. 6m cash and is in one of the hottest growth areas at the moment.

With a market cap. of 25m this will be re-rated x2/3 minimum within the next 6-12 months IMHO.

MM buys went through on Friday with T/O continuing to build, one to put on your monitor...

I am very pleased with the news and I hope the addition of anohter approximately 400 units to cybits fleet will go a long way towards getting the share price to rally a little bit and stay there. It will be interesting to see what the weekedn papers come up with as I beleive a couple did tip the shares within the past 6 weeks - follow up comment should be very positive.

On a cautious note however it would appear that people are still mopre then happy to get rid of shares in the compnay as demand for them seemes to weaken throughout the day.

Basically I am keeping everything crossed - a nice fat whitehall contract would be very pleasing to city and investors

Regards G12


650000 better than nothing!



Cybit Holdings PLC ("Cybit") is pleased to announce a series of new contracts and contract expansions for its Fleetstar Online (FSOL) management solution, worth an additional 650,000 in revenues over the lifetime of the deals.

Cybit has received further orders from Alfred McAlpine Business Services to expand the installation of its Fleetstar-Online solution. A total of 250 new FSOL units will be installed across Alfred McAlpine's vehicle fleet in the coming months, bringing the total number of units installed to over 650.
Cybit has also signed a contract with a major infrastructure and support company for the rail and telecommunications industries, to supply Cybits FSOL solution to an initial 109 units across their fleet.

Central Telecom, the integrated communications specialist, has placed an order for 60 FSOL units which will be installed in its fleet of vehicles operating nationwide.

Cybit has also secured an agreement with Ashfield Homes Limited (Ashfield), a not-for-profit housing company, under which Cybit will install 46 FSOL units into Ashfields service vehicle fleet.
In addition to the new contracts above, Cybit is pleased to announce the launch of a major upgrade to its FSOL solution, such that it will become the industrys first fully modular internet based telematics solution with support for multiple communications technology.

This next generation solution is fully scalable in terms of functionality and number of users, making it appropriate to a broader customer and partner base with their associated diverse requirements. Existing and new customers will be able to take advantage of the significantly improved product flexibility and functionality, both in terms of scope and product capability.

Richard Horsman, Chief Executive of Cybit Holdings PLC, said:

These contract announcements endorse the strength of our cutting edge products and particularly our comprehensive FSOL solution, enabling our customers to significantly improve the management of their fleets, realising real returns on their initial investment. McAlpines significant contract expansion confirms the high levels of customer satisfaction resulting from our industry leading service delivery.

I am also delighted to announce the significant upgrade of our FSOL solution which improves the flexibility of our offering to clients on all levels. Our proposition will now become attractive to a broader base of customers and partners who will be able to benefit from the introduction of this enhanced solution within their business. We are very excited about the new business opportunities this creates.


About Cybit
Cybit is a leading Internet-based Telematics Service Provider (TSP) and supplier of fleet and asset management solutions to the business-to-business sector. Cybit's solutions portfolio includes vehicle tracking and management, lone worker support and car pool management. Hundreds of companies across a wide range of industries already use Cybit's online solutions to improve the management and control of their fixed and mobile assets.

Additional information is available at www.cybit.co.uk


For more information, please contact:

Bell Pottinger Corporate & Financial
David Rydell / Charlotte Kirkham
Tel: 020 7861 3232

Looks like it's the start of positive P.R, long overdue IMHO.

Positive trading so far today :o) x/finger

Keep going, keep going, keep going......repeat 1 000 000 times!!! :-}

we've had sharp rises before, just to fall back again. a nice steady rise this time please.

I agree with Kivvere. Lets just see where the support level finishes up.

mornin :o)

I like what I see :)

WHY ???????? from 15:00hrs .05p gone was looking foreward to 1.82p + .03????????

:-[[[[[[[[[

mourning

is that you are in mourning or morning :))

mourning!

Just gathered why, although trades are a little thin on the ground to say the least we can take a little heart from the recent trend upwards. Somebody must have some confidence in this company...

G12

G12 - I do, even though it's very frustrating at times;) - The MM's leave you feeling a bit like the preverbial rag doll at times. I have little doubt it will do the right thing though, all it's going to cost is some time. I have several investments playing their little games but my patience will prevail.

good luck all

NF

Posted on the Cybit website yesterday

skids

Marques-Bros Racing - Motorcycle Club Racing and FreeAds
--------

Cybit doubles number of Accredited Resellers with more set to follow

Telematics provider sets sights on capturing small to medium fleet market with solutions available from as little as 20 per vehicle per month
New modular version of Cybit's Fleetstar-Online telematics technology
supports full range of Reseller requirements - from entry-level 'reporting-only' offering to more comprehensive solutions
Cybit, the UK's leading online telematics service provider, has announced
that it has doubled its number of Accredited Resellers in the last month.
More are set to follow as Cybit focuses on working with resellers to capture
the small to medium sized fleet sector through a new modular version of its
Fleetstar-Online technology platform. This latest generation of Fleetstar-Online enables channel partners to offer a scalable solution with value added functions such as Smartnav intelligent navigation and an entry-level 'reporting-only' solution with prices starting from around 20 per month.

Cybit has quickly established itself as the market leader for Internet-based
telematics-enabled fleet management solutions. The latest release of
Fleetstar-Online introduces a unique modular approach to fleet management,
allowing smaller businesses access to industry leading technology that was
previously available only to major enterprises. In the last month Cybit has
increased its reseller coverage from seven outlets to 16, with several more
resellers due to come on line before the end of September. Each of Cybit's
newly Accredited Resellers has passed through a stringent selection and
training process and will operate in predetermined territories.

"Our growing reseller channel provides access to a large section of the market previously unavailable to us via our traditional channels to market. This is a significant step for Cybit and means we are clearly on track towards achieving our aggressive reseller recruitment goals by the end of the financial year," commented Ian Walmsley, Director of Partnerships. "We are focused on recruiting forward thinking channel partners who have the resources and commitment to provide customers with the significant return-on-investment that Cybit's scalable telematics solutions offer."

One reseller to benefit from its partnership with Cybit is Supreme Services,
a well-established auto electrical specialist in the North West. Martin Stretch from Supreme Services commented: "The introduction of Cybit's range of telematics solutions to our product portfolio has enabled us to retain existing customers, acquire new business and generate significant revenues with attractive margins."

Resellers such as Supreme Services will also be able to take advantage of
Fleetstar-Online's broad range of functionality and incremental upgrade
capability. Working with Cybit and its new Fleetstar-Online release provides
resellers with both significant service differentiation and upsell opportunities, giving them the flexibility to work even more closely with customers and provide them with further telematics capabilities as business requirements evolve and develop.


About Cybit
Cybit is a leading Internet-based Telematics Service Provider (TSP) and supplier of fleet and asset management solutions to the business-to-business sector. Cybit's solutions portfolio includes vehicle tracking and management, lone worker support and car pool management. Hundreds of companies across a wide range of industries already use Cybit's online solutions to improve the management and control of their fixed and mobile assets.

Additional information is available at www.cybit.co.uk


For more information, please contact:

Andy Gray
IBA - PR for Cybit
Tel: 01780 721 433
agray@iba-europe.com

Sophie Geering
Marketing Manager, Cybit
Tel: 01480 389100
Sgeering@cybit.co.uk

So... what are we waiting for now then?

Nice rise early in the week but now a progressive fall-back.

Waiting sux!

MillionDollarMan
It sure does
How much would you stand to gain when (and I mean when) CYH reaches 10p?
How long would it take you to earn that in the daily grind?
The only difference is, that with your CYH shares you dont have to work for it !!
Patience will be rewarded

rampage: I totally agree, patience pays! Its just the part inbetween I hate ;)

Anyway, the tables have turned and its on its way up!

>How much would you stand to gain when (and I mean when) CYH reaches 10p?

Many many k's 8) - I wouldn't be going hungry this winter... thats for sure!

I can't see CYH getting to 10p in the next 5 years personally!? Don't get me wrong, I am a holder, but margins are small and progress hasn't been quick. 4/5p is the initial target for end of 2005 in my book.