ITIS, epic ITH, have won a 500,000 contract in the USA.

It is to supply the city with real time traffic data and information. The contract is for one city and there are 2,600 cities in the US.

Do you have satnav in your car or do you own a hand held one? Chances are ITIS supply the data for it.

They have contracts with many car manufacturers including...

Bentley, BMW, Ford Motor Company, Land Rover, Lexus, Nissan, Saab, Subaru,
Toyota and Volkswagen Group.

They also supply...

Alpine, Clarion, Kenwood, Panasonic, Pioneer and Siemens VDO.

They are in partnership with the AA and have a prestigious contract with the Department of Transport and all UK local authorities.

They also own NavTrak. The most advanced and biggest selling stolen vehicle tracking device in the world.

Last week they announced a contract with the Government of Belgium and are in talks with other European Governments.

The technology they use is new. It is called Estimotion and is going to revolutionise the way traffic data and information is collected and delivered.

One US city paying 500,000 with 2,599 to go and then there is the rest of the world.

This is the share we all dream about.

savoy101,

Are you saying that the other 2,599 other US cities don't have ANY traffic information service?

or are there any competitors out there?

If so, any ideas how many of these cities actually have traffic information, and which systems they use?

Do you know what functionality does Estimotion offer that rivals don't?

Andy.

I am very exited about this company. This Baltimore contract looks like the first of many in the US. It is very impressive that the contract comes with no over heads as all technical support can be done with existing services.

The share price will I am sure begin to reflect the prospects multiple contracts will bring.

Looks sure to be the target of a takeover!

The US have a haphazard way of collecting data which is different in each State. Estimotion has no competition.

Savoy,

How do you know it will be the "first of many?"
Have you any links to back this up, or is it a personal opinion not based on any facts at all?

The Sp will certainly improve once the market believes in the cpmpany, and i would have thought they may want to see another couple of wins first, IMHO.

How can you be sure it will be a "takeover target?"

How do you know their data collection is "haphazard?"

I find it hard to believe that the world's most technically advanced nation has nothing to offer in this respect!

Andy,

A little bit of research ie Stuart Marks comments about international contracts are clear enough where the company is going. It hard to believe the US has nothing like Estimotion but it doesn't. A quick call to ITIS and they will help you out there.

I suppose traffic data collection has never been a priority until now but with growing populations, accidents and congestion it is on every Governments agenda.

Take-over because the technology is new and a multinational would be keen to have such power Estimotion brings. The world in its hands!!! Estimotion also for the first time gives a complete picture including urban areas. This is a real move forward and simplifies data collection and delivery. It is quick and easy to deploy and much cheaper and less time consuming than anything that has gone before. All local authorities, cities and Governments want cheaper outlay. On many levels Estimotion is has all the ingredients of success.

ITIS have also singed up a telecoms company to provide Estimotion to other US cities and there are 2,600 of them.

I agree another couple more contract wins will convince the market.