Still Waiting
- 21 Sep 2003 22:33
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
- 11 Aug 2005 09:50
- 2958 of 3104
A nice upsidedown 'head and shoulders' forming, a classic bull sign. I think we may have seen the bottom, i hope!. Been in for over 2 years now and getting fed up, a nice steady rise to the reults would be goood. DYOR!
MillionDollarMan
- 19 Aug 2005 14:18
- 2959 of 3104
NEWS, NEWS, NEWS!!! :)
All from http://www.cybit.co.uk
-----------------------------------------------------
Posted 04/08/05
Flogas orders GPRS-based telematics and satellite navigation solution from Cybit
Leading Liquified Petroleum Gas supplier signs three year contract for Fleetstar-Online telematics and Smartnav satellite navigation
Cybit solution helps Flogas to track deliveries and plan routes to major customers including Coca Cola, Total and Sainsburys
Cybit, the UKs leading online telematics service provider, has won an order from Flogas, one of the largest Liquified Petroleum Gas (LPG) suppliers in the UK, for an advanced fleet and asset management solution that incorporates satellite navigation. Fleetstar-Onlines GPRS-based telematics technology will allow Flogas to track its delivery fleet in real-time and make the most efficient use of working time within the constraints of the Road Transport Directive. This will ensure that Flogas enhances its customer service and provides accurate ETAs to its clients, including major organisations such as Asda, Coca Cola, Sainsburys and Total.
Flogas will implement Cybits Fleetstar-Online telematics and Smartnav satellite navigation solution across its fleet of 105 delivery tankers. Cybits solution will enable Flogas to monitor vehicles in real-time through the matching of current GPS positions to mapping at 20 second intervals, while Smartnav will provide drivers with advanced satellite navigation, live traffic information and also deliver advanced notification of route delays and options for alternative routes.
Cybit offered a solution which also integrated event management for Flogas, such as the ability to monitor the length of time it takes our delivery tankers to discharge the product, commented Tony Humphreys, Logistic Director at Flogas. This provides us with the information we needed to establish just how long vehicles spend actually discharging LPG, rather than the total time a tanker spends on site.
The visibility to fleet operations, plus real-time traffic information and a high quality navigation system will enhance our delivery capabilities, while Cybits functionality and reporting suite will also help with planning our Duty of Care compliance, he continued. The data produced by the system will allow us to have complete visibility of the routes taken, duration of stops and discharge times, service history and distances travelled.
John Wisdom, Group Sales and Marketing Director at Cybit added: Flogas provides an essential fuel supply to thousands of customers nationwide who rely on LPG for everything from heating and cooking to powering vehicles. By deploying Fleetstar-Online into its primary distribution fleet, Flogas will significantly enhance its operational efficiency and Duty of Care provision.
Fleetstar-Online is Cybits 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 then transmits data to Cybits 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 solution support, with fully integrated Smartnav satellite navigation and RAC Trackstar Plus stolen vehicle recovery system functionality. Smartnav is an off-board satellite navigation and route planning system that gathers real-time traffic information from Trafficmaster's established network of cameras and sensors around the UK.
About Flogas:
Owned entirely by DCC, a leading support services group focused on sales, marketing and distribution in the energy, IT, healthcare and food markets, Flogas UK Ltd is one of the largest LPG (Liquified Petroleum Gas) suppliers in the UK.
Flogas has an acknowledged reputation within the industry, and is established as the second largest LPG company in the UK, following steady growth over the last 20 years. It delivers to thousands of customers nationwide who rely on LPG for a wide range of uses, from heating and cooking to powering vehicles and animal farming. Flogas also sells a comprehensive range of LPG equipment products to both business and domestic users, offering over 1,000 different product lines. For more information visit www.flogas.co.uk.
-----------------------------------------------------
Posted 08/08/05
Haulage and logistics specialist implements Fleetstar-Online to comply with new Working Time Directive
Real-time telematics enables Ray C Smith to provide accurate ETAs to customers including ASDA and Pedigree Petfoods
Ray C Smith, the haulage, logistics and storage specialist, has implemented Fleetstar-Online, Cybits Internet-based fleet and asset management solution to maximise operational efficiency and comply with the new Working Time Directive. The comprehensive reports produced by Fleetstar-Online ensure that Ray C Smith can verify compliance with the Directive which limits the number of hours drivers and crew can spend working per week to an average of 48. Ray C Smith now manages its fleet of 44 HGVs in real-time with better location information. This enables the company to provide more accurate ETAs to its customers which include ASDA, Pedigree Petfoods and Avon Cosmetics.
Flexibility is key to Ray C Smiths fleet operation, however, the Working Time Directive has placed a legal limit on the number of hours each of its drivers can work in a week. It is imperative therefore that Ray C Smith can maximise the operational efficiency of its fleet to deliver the best level of service within the confines of the Directive. By using Fleetstar-Online, Ray C Smith is able to evaluate vehicle delivery routes to maximise productivity while the enhanced fleet visibility and extensive management reporting allows it to examine and challenge time spent loading and unloading at distribution centres and supplier/customer sites.
Any company that fails to invest in technology to comply with the Working Time Directive will face real problems in the long term, commented Ray C Smiths Managing Director, Donald Sang. The reports produced by Fleetstar-Online act as a check on compliance with the Directive by monitoring time spent working and enabling us to verify tachographs and time sheets. The complete visibility offered by the solution enables us to maximise our fleet usage within the legal limits of working hours giving us a real competitive advantage.
There is also an important customer angle to our implementation. Fleetstar-Onlines real-time location facility allows us to be more flexible with our routing to meet customer demand. We have witnessed a considerable reduction in telephone traffic since introducing the system because we are now able to give our customers far more accurate ETAs and tell them exactly where our vehicles are. The importance of this for maintaining good customer relations cannot be underestimated, continued Donald Sang.
We have seen a marked increase in the interest in telematics following the introduction of the Working Time Directive, commented John Wisdom, Director Sales and Marketing at Cybit. Fleetstar-Online offers organisations an Internet-based fleet and asset management solution that allows them to optimise operational efficiency within the legal guidelines set out by the Directive. Ray C Smith has recognised the importance of telematics as a means to deliver an optimised service to its customers which also aids with the verification of compliance in areas such as working time and Duty of Care.
Fleetstar-Online is Cybits 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. By implementing Fleetstar-Online organisations are able to take advantage of the Norwich Unions Fleet Telematics insurance offering. Fleet Telematics offers organisations that install Cybits telematics platform improved insurance premiums for the two to three year duration of the agreement and also gives them the ability to earn a Risk Recognition Rebate of up to 16 per cent per annum for meeting risk management KPIs.
About Ray C Smith:
As an independent, family owned business, Ray C Smith was first established over 30 years ago and has enjoyed impressive growth by providing efficient transport and quality warehousing solutions. Operating on a 24 hour, 365 day a year basis, its service reflects a total commitment to customer needs. For more information see www.r-c-s.co.uk
-----------------------------------------------------
Posted 12/08/05
Leading online telematics service provider expands its Scottish operations with over half a million pounds in orders
Four major contracts boost Cybits presence in Scotland
Focuses sales of Fleetstar-Online on key fleet, haulage, construction and service markets
Cybit, the UKs leading online telematics service provider, has announced a major expansion of its Scottish operation following recent major contract wins from leading Scottish organisations including fuel distributor Bernard Brogan Limited, private house builder The Tulloch Group, multi-utility service provider Turriff, and Kerr & Smith, the leading independent motor trader group. With recent contract wins in excess of 500,000, Cybit has moved quickly to become Scotlands fastest-growing telematics vendor, clearly establishing its
Fleetstar-Online solution as an ideal choice for a number of key Scottish markets including the fleet, haulage, construction and service
sectors.
Cybits telematics solutions can help Scottish fleet operators to control their costs and maximise efficiency gains within the specific constraints of the recent Road Transport Directive, part of the broader Working Time Directive that came into force on April 4th 2005. Key benefits achievable using the Cybit telematics solution include maximising efficient journey planning to reduce fuel wastage, measuring vehicle utilisation, verifying and challenging the time spent loading and unloading at distribution centres, and helping drivers to avoid traffic delays and ensure working time is optimised.
Scotland is an important market for Cybit, and were delighted that we have achieved such quick success with organisations such as Bernard Brogan, Kerr and Smith, Tulloch and Turriff adding to the growing number of customers who are seeing the benefits that can result from effective telematics implementation, commented Cybits CEO Richard Horsman. With initial entry-level costs from as little as 20 per vehicle per month, our Fleetstar-Online solution is proving an attractive choice for Scottish organisations looking for flexible and scalable fleet and asset management solutions.
Cybit provides organisations with a scalable, Internet-based vehicle tracking and fleet management solution, and its Fleetstar-Online solution continues to prove itself as the logical choice for businesses that want to move away from more traditional, first generation telematics solutions. In recent months the company has been selected as the telematics partner for the Sainsburys to You home delivery fleet and as the provider of the core technology for Norwich Unions unique Fleet Telematics offering. Cybit has also recently launched a major programme to encourage users of first generation telematics systems to switch to Fleetstar-Online and benefit from the clear ROI and performance enhancements that Cybit can provide to businesses.
Scottish organisations that have already switched to Fleetstar-Online from rival first generation solutions are quickly benefiting from improved productivity, access to real-time operations data thanks to GPRS connectivity, reduced operating costs, the ability to validate timesheets and overtime claims, elimination of unauthorised mileage, compliance with Health and Safety Legislation, driver support, Duty of Care and 24/7 online visibility of current fleet positions
-----------------------------------------------------
Posted 18/08/05
Fleetstar-Online improves driver safety and cuts costs for Scottish construction group
Fleetstar-Online to improve driver safety and identify training requirements
Solution enables Tulloch to reduce fuel and maintenance costs
Cybit, the UKs leading online telematics service provider, has announced that one of Scotlands leading construction and engineering groups, the Tulloch Group, is to implement Fleetstar-Online in all its commercial vehicles. Cybits scalable Internet-based telematics solution will allow real-time tracking of the companys vehicles to improve driver safety, monitor training requirements and reduce expenditure on fuel and vehicle maintenance.
Fleetstar-Online will be installed in 180 of Tullochs vehicles including vans, heavy goods vehicles and cranes. The systems extensive reporting functionality will enhance Tullochs management efficiencies by aiding in the production of weekly timesheets and providing route plans for service engineers. The group will also use the system to monitor driver behaviour patterns to assess the level of training required by fleet drivers, in an effort to achieve a safer driving environment for its own employees as well as other road users. The implementation of telematics will also help the group achieve savings on fuel and maintenance costs by monitoring how vehicles are utilised with regards to speed and out of hours use.
We have previously looked at telematics as a means of adding value to our business processes and implemented a system into a selection of vehicles. The success of this prompted us to develop our use of telematics and look for a suitable solution backed by a strong support network, commented Kenny Cameron, Director, The Tulloch Group. The safety and well being of our employees was high on our Boards list of priorities, along with the scalability, and the Cybit solution offered this within a competitive pricing structure.
Although its very early days since the installation, we are already noticing benefits on many fronts, he continued. With the assistance of the Cybit Consultancy Practice we have carried out various ROI exercises and set out some simple and easily monitored key performance indicators for both our drivers and the business.
Group Director Sales and Marketing at Cybit, John Wisdom, commented: This order from Tulloch Group is further indication of Cybits position in Scotland, helping to establish Fleetstar-Online as an ideal choice for the construction and service sectors. We are delighted that Tulloch selected Cybit to provide telematics services to its growing fleet, and are confident that the system will prove invaluable to the groups working practices.
Fleetstar-Online is Cybits 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. By implementing Fleetstar-Online organisations are able to take advantage of the Norwich Unions Fleet Telematics insurance offering. Fleet Telematics offers organisations that install Cybits telematics platform fixed insurance premiums for the two to three year duration of the agreement and also gives them the ability to earn a Risk Recognition Rebate of up to 16 per cent per annum for meeting risk management KPIs.
About The Tulloch Group:
The Tulloch Group consists of three divisions Construction, Homes and Services. The Construction division, which includes Civil Engineering, Plant and Transport, handles projects in all key industrial, public and private sectors. It operates small works, a long distance haulage fleet and a plant and resource pool which has the largest line-up of 360 degree excavators in the North of Scotland. Tulloch Homes is one of the largest private house builders in Scotland, continually adding acquisitions to its land bank and planning developments well into the future. The Corrie division harnesses a range of specialist services including plumbing and heating, painting and decorating and electrical services.
The Tulloch Group client base stretches from the Highlands of Scotland to the Scottish Borders and beyond, with its Head Office in Inverness and an office in Glasgow.
For more information visit www.tulloch-group.co.uk
PapalPower
- 30 Aug 2005 08:55
- 2962 of 3104
CybIT Holdings PLC
30 August 2005
CYBIT HOLDINGS PLC
At the Annual General Meeting to be held later this morning, Neil Johnson,
Chairman, will make the following statement:
'I am pleased to report that trading during the first quarter ended June 30th
2005 was strong with the company posting revenues of circa 2.5m. Order intake
during our traditionally quiet second quarter has been higher than previous
years, which leads us to believe that we are on target to achieve full year
revenue expectations.'
Douggie
- 16 Sep 2005 10:17
- 2964 of 3104
More good news on webb page
MapAmobile sales increasing
If only they could get this a must have for parents who are in fear of their children going missing...........................
I think the potential for MapAmobile to be Cybits cashcow is massive if they can bring it to the general publics attention... ;o\
MillionDollarMan
- 21 Sep 2005 09:51
- 2967 of 3104
Here's the news that Douggie was on about:
mapAmobile mobile location service achieves impressive take-up for Cybit
With over 800 new corporate mobile phones added to the service, mobile location services prove a powerful addition to Cybits range of Internet-based fleet and asset management solutions
Cybit, the only UK company to offer a complete, end-to-end range of telematics-enabled tracking and asset management solutions, has achieved impressive take-up for its mapAmobile mobile location service following its acquisition of the mobile phone tracking technology at the end of 2004. In recent months, Cybit has registered over 800 new corporate mobile phones to the mapAmobile service, ensuring that a growing number of organisations in key sectors such as the construction, building & cleaning services, security, property and transport markets can locate their mobile workforce at any time of the working day without interrupting their activities.
Cybit has also incorporated mapAmobile technology into its Fleetstar-Online Internet-based fleet and asset management solution, providing organisations with the ability to effectively track their entire mobile workforce including drivers, contractors and other employees. mapAmobile mobile phone location information is now accessible on the Fleetstar-Online location page, which can be viewed directly on a standard web browser, providing organisations with a cost-effective alternative to GPS technology.
With mapAmobile were helping organisations to manage their mobile workforce cost effectively while complying with their increasing legislative and Duty of Care obligations. In addition to benefits such as improved operational efficiency and reduced administration, were also finding that companies are appreciating mapAmobiles ability to increase the safety of valuable staff and assets, commented Richard Horsman, Cybits Chief Executive Officer. mapAmobile also enables Cybit to bring tracking and asset management solutions to an entirely new group of organisations who, for the first time, can take advantage of the technology to keep track of their mobile workforce without having to make significant capital investment. The solutions ability to locate workers without the need for in-vehicle units makes mapAmobile very versatile, particularly to those whose workforce includes subcontractors, who may not always use company vehicles.
mapAmobile identifies the location of a mobile phone or GSM modem, and delivers this information via the map on the Fleetstar-Online live positioning page. Organisations can locate a single mobile phone, groups of phones or GSM modems, and view their positions on the mapping system. mapAmobile technology gives an organisation the ability to track its mobile assets without the need to implement a GPS solution and works on the O2, Vodafone, Orange and T-Mobile networks.
mapAmobile is ideal for organisations that use sub-contractors or temporary staff to support their day-to-day operations as no additional hardware is needed, and workers who do not use company vehicles can also be located. Once a mobile phone is registered with the service, organisations can track its whereabouts as and when required. This will prove an increasingly important requirement for meeting legislative and Duty of Care requirements.
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
Contact information:
Andy Gray
IBA - PR for Cybit
Tel: 01780 721433
agray@iba-europe.com
Sophie Geering
Marketing Manager, Cybit
Tel: 01480 389100
sgeering@cybit.co.uk