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...

there I did it again me and my :o) at blue!!!!!!!!!!!

:-[[[[[[

Just keep quiet Douggie and maybe it will rise!

Always do the opposite. When you think you should go in... stay out! and vica versa.

.....

Off we go again, smile Douggie!!

CybIT Holdings PLC
29 October 2004



CYBIT HOLDINGS PLC ('CYBIT')

CYBIT ACQUIRES MAPAMOBILE MOBILE LOCATION SERVICE

Cybit Holdings PLC is pleased to announce the extension of its portfolio of
tracking and asset management solutions with the acquisition of the innovative
mapAmobile mobile location service from MI International. The purchase has been
funded by cash and the issue of 2.5 million new shares at 2p per share. The 2.5
million new shares being issued to MI International will rank parri passu with
all other ordinary shares now in issue. Application has been made for these
shares to be admitted to trading on AIM and such admission is expected to occur
on 2 November 2004.

Cybit will add mapAmobile's location services - offered in two variants, a
Corporate Edition launched earlier this year and a Consumer solution offering
discreet monitoring of children and vulnerable people - to its existing range of
fleet and asset management solutions, which already includes Fleetstar-Online -
the company's modular internet-based fleet management solution - and Drive-IT
software for car pool management.

With the Corporate Edition, organisations can locate their mobile workforce,
using the mobile phone network at any time and view their locations on a map at
either local or national levels in seconds. As the service requires no extra
hardware other than a mobile phone or the need to implement a GPS solution, it
is easy to deploy and helps organisations to manage their mobile workforce at a
fraction of the cost of standard GPS tracking systems.

The Consumer solution addresses an important concern among consumers allowing
them to discreetly monitor the whereabouts of children and other vulnerable
people in their care. Subscriptions cost as little as 29.99 per year.
Individuals are required to give their permission before mobiles can be tracked
and they are sent regular SMS messages for peace of mind to confirm their
continued participation.

mapAmobile works on O2, Vodafone, Orange and T-Mobile networks and the Corporate
Edition has already been successfully deployed in some 40 UK organisations -
including a number of public sector organisations. The consumer offering can be
purchased either online, or through retailers such as The Carphone Warehouse.

Richard Horsman, Chief Executive, Cybit, said:

'There is a growing requirement for fleet and asset management services that go
far beyond first generation telematics offerings and we are finding that more
and more UK businesses are seeing location services, such as mapAmobile, as an
opportunity to develop competitive advantage. Cybit will now bring tracking and
asset management solutions to an entirely new group of customers who will now be
able to use standard mobile phone technology to keep track of their mobile
employees and assets without having to make a significant investment in
technology.

Cybit is focused on developing leading telematics solutions and the addition of
mapAmobile to the Cybit portfolio firmly establishes the Company's position as
the only vendor to offer an end-to-end range of telematics-enabled tracking and
asset management solutions.'

- ENDS -

For further information, please contact:

David Rydell / Charlotte Kirkham Tel: 0207 861 3232
Bell Pottinger Corporate & Financial


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


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,
providing customers with access to industry leading technology that was
previously available only to major enterprises. With its next generation
telematics platform, Cybit combines key architecture strengths - such as an
OpenAPI and decoupled technology and application layers - to enable
organisations to easily integrate Cybit telematics technology with their own
applications and bring them to market quickly.

Cybit recently announced a three year strategic partnership agreement with the
UK's largest insurance company, Norwich Union Insurance to launch the industry's
only telematics-enabled fleet insurance product, which will offer businesses
fixed price insurance cover over two or three years and a premium rebate when
key performance indicators are achieved.




This information is provided by RNS
The company news service from the London Stock Exchange

Cyh and Blue? a most unusual (but welcome) combination. Be interesting to see what the price movement is at day end. So often get a bit of movement when news is announced that evaporates as the day goes on and everyone has a chance to relect on it and analyse it more thouroughly. Looks good news on the face of it.Growing revenues seems to be their problem and if this helps great stuff

juat a little one ptholden :o)

I am of course pleased but will contain optimism 'till we see 2p been here so often!!

I see sellers are out in force as usuall

All those who bought in on the way down selling I guess. Likely to see this repeated everytime it gets a nudge until we reach some sort of status quo.

lots of good news recently, yet not much movement on the SP - if it was a different sector would be rocketing upward - ?? but their news items are full of technobabble and PRspeak (I know what this stuff is - and even I dont understand them!) - forget API's and coupled technology (uhh, wot?)come on CYH do yourself a favour - get yourself some decent marketing bods.) - Just say its a good product (yes), many companies will need it (yes), and use it to help save costs (yes) - and it will sell well!

good comment m100.Most people are mercenary BXXXXXXS and just want to know "whats the bottom line". However experience says that "echies" in all walks of life get more excited about what it does, than the reason why you are doing it in the first place....which is to make money.
Re my earlier post the sell price is tracking down and unless we see some buys soon I could se us ending the day red

your probably right willfagg ;o/

The buys a sells are not making sense the higher numbers must be buys.

Plenty of good news today but as usual :(

blue close... what price red monday ;o/

we ars getting like alcoholics anonymous..."one day at a time" Maybe something positive over the weekend. Not that I am an expert but I do think they look cheap now and I think this new acquisition could be a way of pulling through some extra revenue in a very short time. It also could have a lot of applications.Not just because its blue but I do feel more upbeat for the first time in ages.To be honest though if it reaches 1.4p I will be gone never to return. This is CYH last chance they have hit me with a loss twice. it says something that i have come back again. I guess one of these "penny share" has to hit a pound one day and this still has great credentials.

http://www.guardian.co.uk/business/story/0,3604,1339572,00.html

thanks for the link Predator.As I said above this acquisition could have a lot of applications and help increase revenues fast(IMO)Be interesting to seeif anyone comments on it positively as opposed to the guardian comment which is just a staement without any opinion. Also interesting to see if price moves upoward on Monday.

from the guardian article "to keep tabs on children and the elderly using mobile phone signals" - am sure some enterprising spark can market this idea to care homes, schools, theme parks, etc, etc
willfag - I only invest in "penny shares" - to date they have all come reasonaby good albeit with some "omoigawd" stone dropping moments.
cyh has been through all that, so thats why I bought in

mornin not much buy interest again!

thats interesting m100. I am similarwith odd exception share purchases rarely more than 20p each most under 10p. perhaps we can share some thoughts. (Ok perhaps i can pick your brains!!!)atill got ASOS and SPS right although I know a lot of others did.

room for opimism ??? 2.6m sell 1.m buy got tic up !!

;o\