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...

Kivver - I'm just holding off, for a few days at least. Be happier to see the spread tighten up a little. Not been watching it in any detail, is the spread usually that wide? - Maybe I need to do some research!

Sorry, for being off topic here.

NF

Not watching much myself to be fair, just noticed loads of buying for a few days reading reports they could be ripe for a takeover and they were a long way off their previous highs. That was enough for me. If it rises like some say it will, that will make the spread immaterial. Oh well heres hoping.

Still in cyh big time but i think we are looking at next year before the big rise!

fri looks good, perhaps that 1.7 is not that far away - lets go for 2.0p?

All


UK's leading online telematics service provider makes new modular
Fleetstar-Online fleet management solution available from as little as 20 per vehicle per month
Scalable solution means customers can specify the exact level of
telematics functionality they require

Cybit, the UK's leading online telematics service provider, has launched a
new programme that makes it even easier for users of first generation
telematics systems to switch to Cybit's new modular Fleetstar-Online,
Internet-based fleet management solution. The 'Switch to Cybit' programme
provides customers of older fleet management systems with the opportunity to switch easily to Cybit's industry-leading solution and also take advantage
of its range of specialist customer services. These services help organisations unlock real business benefits and an improved Return on Investment (ROI) from the implementation of Internet-based telematics technology. As part of the programme, Cybit is also offering to incorporate any outstanding telematics funding costs that organisations still have tied up in first generation solutions - such as Minorplanet's VMI vehicle tracking system - into the customer's new Fleetstar-Online funding agreement, subject to credit clearance.

The latest modular version of Fleetstar-Online is fully scalable, allowing
organisations to select precisely the level of fleet management
functionality and reporting their business requires. Fleetstar-Online is
available in five different levels of functionality, from an entry-level
'reporting-only' offering - with prices from as little as 20 per vehicle
per month - through to full bespoke solutions. The system's unique
scalability means that Cybit can also help users to implement additional
functionality as and when their business demands, as well as optimising the
performance of their Fleetstar-Online implementation, thanks to Cybit's
comprehensive portfolio of training and consultancy services.

"Our new 'Switch to Cybit' programme is all about providing organisations
with the best-in-class telematics solution they want, and the long-term
support they need to make it deliver bottom line benefit for their
business," commented Richard Horsman, Cybit's Chief Executive Officer. "At
Cybit we're focused on ensuring that our customers optimise the ROI and
derive competitive edge from their telematics implementation. We start by
offering the most comprehensive solution, support our implementations with
extensive consulting services, and also provide businesses with the
information they need to optimise their contract performance and Service
Level Agreement adherence.

"We're also working closely with major partners such as Norwich Union to
help develop innovative telematics-based solutions that can deliver
additional value for users of our solutions," he continued. "For example,
Norwich Union's new 'Fleet Telematics' offering uses Cybit technology to
help customers benefit from fixed insurance premiums for two or three years,
and give them the opportunity to earn up to 16 per cent premium rebates each
year - subject to their meeting agreed risk management standards. Solutions
such as 'Fleet Telematics' demonstrate that telematics is entering an
exciting new era, and we've launched the 'Switch to Cybit' programme to help
organisations benefit from the clear ROI and performance enhancements that a Fleetstar-Online solution can offer."

Key benefits that organisations switching to Cybit will enjoy include
improved productivity, technology options including GPRS for real-time
operations, reduced operating costs, two-way voice and data communications, validation of timesheets and overtime claims, elimination of unauthorised mileage, compliance with Health and Safety Legislation, driver support and Duty-of-Care.

Fleetstar-Online is Cybit's scalable Internet-based telematics solution that
features real time vehicle tracking, exception reporting, replay mode,
customised reports, mileage information, SMS messaging and live traffic
information. Fleet vehicles are fitted with a small electronic in-vehicle-unit (IVU) which is tracked by GPS in real-time and data transmitted to Cybit's online control centre. It provides companies with a cost-effective ASP-based fleet management solution, which offers users anytime, anywhere access to the system via a standard web browser. Fleetstar-Online also features added value solutions support, with fully integrated Smartnav satellite navigation and RAC Trackstar Plus stolen vehicle recovery system functionality.

Minorplanet customers in the third year of their VMI contract who wish to
take advantage of the 'Switch to Cybit' programme should call Cybit on 01480
389100 or visit the company's website at www.cybit.co.uk.

Hey closed blue on a negative sell day ..... should't have said that!!!!..;-\

;-\..it's not going to be allowed to go is it! marked down on nil trades!!!!!!!!!
:o[[[

We need cybit to do an ITH,have a look, is this a similar business.

New Contract.

Skids

--------

CybIT Holdings PLC
11 November 2004


CYBIT HOLDINGS PLC ('CYBIT')

CYBIT TO SIGN 3-YEAR CONTRACT WITH SAINSBURY'S TO YOU

Cybit Holdings PLC is pleased to announce that the company is in the process of
finalising a three year agreement with Sainsbury's Supermarkets Limited
('Sainsbury's'). This announcement follows an extensive three-month, competitive
evaluation period during which Cybit demonstrated the ability to deliver
substantial business benefit to the operation utilising a proven technology
platform supported by Cybit value added services.

Under the proposed contract, Cybit will provide Sainsbury's home delivery fleet,
operating under the 'Sainsbury's to You' brand, with Fleetstar Online ('FSOL')
telematics and Smartnav technologies to deliver a vehicle tracking and satellite
navigation solution.

Cybit has commenced an extensive implementation and training project that spans
both head office and a significant number of Sainsbury's stores. This project
will run in conjunction with installation of the technology into 400 plus
vehicles. The key driver of the project is to deliver significant long-term
operational efficiencies that will enhance the customer experience to existing
and new users of the home delivery service.

Under the terms of the proposed agreement, Sainsbury's and Cybit will
collaborate to further evolve existing technologies in order to create 'leading
edge' solutions that will underpin the 'Sainsbury's to You' strategic
development plan.

Richard Horsman, Chief Executive, Cybit, said:

'The signing of this agreement with Sainsbury's is another major achievement for
Cybit as the company continues to expand both it's product portfolio and service
delivery capabilities. This agreement follows the announcement of a strategic
three-year contract with Norwich Union in September and firmly positioned Cybit
as the market leader for internet-based telematics-enabled fleet management
solutions.'

Simon Skeet, Fulfilment Operations Manager, Sainsbury's, said:

'Operational efficiencies in Sainsbury's home delivery fleet are critical to the
success of the venture. Cybit's telematics technology is an important part of
achieving this and we look forward developing a successful partnership over the
next three years.'

- ENDS -

so with this kind of good news we will be seeing red again today!!

Dougie no comments please :))

G12

Kivver - yes ITH is in similar sector - last month -15% to +20% now c 27p... so with all the recent positive news at CYH why is it underperforming?
(bought a few more CYH no dosh left sadly, fed up waiting for PCI to happen!)

More good news....... From little acorns great oaks grow
Time and patience needed here

are we not on the run in to the interim results? It was announced 25 November last year?Maybe things are on the up!

wow 1.77p!I think im getting a nose bleed!

but will it be in the blue at end of day, as sainsbury have taken it on why not tesco,asda, this could be a first of many more big name contracts but we still need news on actual revenue stream

Why is it so heavily traded every day, for such a small cap share. And why do lots of people sell every time some good news is released, no wonder the sp doesnt go up like it should do. STOP SELLING AND WE ALL BE MUCH BETTER OFF!! ..........please.

Its a shame that the news stream from CYH rarely mentions the amount of revenue new contracts will provide (as mentioned by biffa18). Maybe the results due this month? will give us a better indicator of how they are doing.

skids

think you are right skids. I think interims could be a make or break for a lot of loyal CYH investors.If there is not a solid performance on revenue I think thee could be quite a few that will run ot of patience. been waiting for best part of a year for some solid gains and more average or negative news could be too much this tme(IMO)

willfagg,

I agree, and if inters don't start a steady tick up I'll take a loss and move on. Long term I have no doubt CYH will bring in the bacon, but right now I need a small steady stream and the News for this one isn't doing it justice.

I'm beginning to think that everyone is just plain p***ed off with announcements of contracts before they are actually signed and then no indicator of revenues. They need to start announcing figures when the deal in done and not before.

skids

I agree, however it is still good news and does indicate a decent size deal with a major player over three years which is good stuff.As previous post sugested any successes could be duplicated and sold on to the other major supermarket chains , we hope.