ITIS is emerging as a leader in the supply of satellite navigation data in the information technology industry. They have come up with a new system of gathering real time and historical data called Estimotion. Profits for next year are forecast at 1.6 million but this is without the roll out of this new technology. Cash 6 million. ITIS report they are in a period of high growth.

Estimotion is an Israeli company ITIS purchased for $5m and combines real time and historic data to guide drivers through their satellite navigation systems to their destination avoiding traffic jams and giving the quickest route. They are also able to supply data to other systems including hand held satellite navigation and have contracts with Alpine, Clarion, Kenwood,
Panasonic, Pioneer and Siemens.

There stolen vehicle tracker NavTrak is the best selling in Europe and is fitted to 100,000 vehicles world wide. It has many other functions and further details can be found on the NavTrak web site.

ITIS have 13 three year contracts with major car manufacturers to supply RDS_TMC and combine their data gathering with the AA.

Further announcements are on the way and they also hope to win international contracts with both RDS_TMC and Estimotion. They are in talks with four governments.

Recently they came first in a comparison test with other companies run by the Sunday Times and there have been several write ups in Shares Mag including mention of the global market ITIS is aimed at.

Mobile phone companies will be interested in this one.

Well worth further investigation with announcements on Estimotion and foreign RDS_TMC contracts soon.

In at 20p

broker 60p

demo....


http://www.estimotion.com/

Yes, European companies will be reeling but as with all things good we British invent them and others take them up so I don't expect ITIS to stay in British hands for long unless one of the British mobile phone companies gets in quick and buys. Good news all the same and lots more to come over the coming months.

Share price performance disappointing though but then the technology is hard to grasp therefore Estimotions world wide application hard for people to see.

Is estimotions that far advanced from its competitors tecnology wise, and how long before similar product is released from competitors .So will estimotions be competitor free,and for how long will it have chance to get ahold in the market and will normal joe be able to afford and understand it as my granny still has difficulty turning tv on.If there is only 1 horse in the race how can anyone pass it to the winning line unless fallon is riding it.I shall give itis ring ask questions on how it will think it will fair and if its going to book an honest jockey for its race.If as i have know idea about these products is as good as the chaps are saying, what we saying increase in turnover might be we talking big fish or little fish.How much is estimotions valued if going to be such money maker why no takeover or is this as not properly tested.I like the product but as i say have to put some asking questions on this thread .Someone has to.Do any funds if known have any stake in itis.This is going to be third share im investing in, so lets hope third time lucky.Any other sites talking up this ,everyone else cant have missed it.

Merchant i have given this one a look and spoken to itis holdings,bought in lets hope im drinking i fine glass off an old vintage by the end of the week and not cider.

Lets hope so. Telematics has been very focused on one company TFC because the stream of approved accessory RNS releaces. Taking telematics as a whole ITIS stand out because of the forsight of the management. They think ahead and remind me of that advert, they do exactly what they say they are going to do. Revenuse are coming on stream now from RDS-TMC and here's the good bit NO ONE CAN TOUCH ESTIMOTION it has no competitors and will put the sensor tecnology TFC use out of service.

No wonder ITIS won the UK govenment contract.

Money will roll in now from ITIS's 13 RDS-TMC contracts and from Estimotion.

But lets not forget the TFC scandal. That will break soon. The leaked RNS's scam and collection of insiders will be forced out of trading and the road will be clear for freedom of speach.

True i spoke to gentleman at itis yesterday before jumping in and couldn,t say there position with what was happening with tfc but ,told me and looked up and confirmed on three other surveys itis products came out on top,or was that just him selling his product.And was confident they had the money reserves to buy us all champagne at the christmas party

Have decided to join you. Looks like a company doing some great deals. Up 10% today on another contract.

It is a very significant contract. The first US city to take Estimotion. I now expect it to spread like wild fire across the US and other parts of the world and the share price to reflect that.




ITIS Holdings PLC
09 September 2004

9th September 2004

ITIS awarded contract for Estimotion Technology in the USA

ITIS Holdings plc (ITIS), a leading road traffic information specialist is
pleased to announce that it has been awarded a two year contract worth 500,000
by the Maryland Department of Transportation (MDOT) in the United States to
deploy its Estimotion technology in the Baltimore region. Estimotion generates
real time traffic flow information based on anonymously sampling the positions
of mobile phones in moving vehicles.

ITIS will license the Estimotion software to MDOT and is in negotiations with
other commercial organisations to sell the data for use in applications such as
in-vehicle navigation and broadcast services. There will be no new overhead
requirement for this project as the software allows all technical support and
implementation to be handled by the existing teams in the UK and Israel.

This announcement builds upon recent contracts to roll out the Estimotion
technology in the UK and in Belgium and is the first time that traffic
information has been collected in the US using this method. ITIS is confident
that a successful implementation in Baltimore will attract other State
Departments of Transportation to employ this technology. Traditional methods of
collecting traffic flow data are not only capital intensive resulting in
significant long term maintenance costs but are also unable to offer reliable
information in urban areas. Estimotion addresses both of these problems and as
a result, MDOT will receive accurate, real time information from the heart of
the city through to major roads and interstates.

ITIS has also agreed terms with a major cellular network partner to support
Baltimore and other cities in the US.

Stuart Marks, Chief Executive, ITIS Holdings plc said 'This is an exciting
milestone for the Company and proves beyond doubt that with our technology and
knowledge of the market for traffic information we can confidently operate in
virtually any city in the world. Congestion is a major problem everywhere and
Governments and the Commercial sector are increasingly trying to find more
efficient ways to access reliable information. We fully believe that ITIS is
set to play a major part in this need for consistent and scaleable traffic data.
For Baltimore to select ITIS for this project is a huge endorsement and I am
confident that we will win further business in the US and internationally.'

I like this line... There will be no new overhead
requirement for this project as the software allows all technical support and
implementation to be handled by the existing teams in the UK and Israel.... Looks like the major costs involved in research & development not relevant to new contracts. Medium to long term shares IMHO.

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.

I like what is happening. I never had a doubt about the company and I have no doubt where the share price is going but I would like to see the newspapers get involved in this story.

TFC Insider share dealing, TFC company employees and management leaking RNS's on bulletin boards, TFC malicious reports and TFC planted press reports, TFC threats to ITH posters and involvement of the authorities. It might also get ADVFN closed down with a bit of luck.

Is cybit holdings a rival or a different type type of company altogether??

Great company. Undervalued. Topped up again recently.

ITIS Holdings PLC
14 September 2004



ITIS Holdings plc ('ITIS' or the 'Company')


AGM Statement


The following statement will be read by Sir Trevor Chinn, Chairman of ITIS, at
today's AGM to be held at Station House, Stamford New Road, Altrincham, Cheshire
at 10.00am.

'Trading has been very strong in the first half of this financial year and we
expect the high demand for our services will continue into the second half. Our
interim results for the six months ended 30th September 2004 will be
substantially better than those achieved in the same period last year as a
result of significantly increased revenues and tight cost controls which have
led to a substantial reduction in loss and reduced cash outflow.

Our business is split between into two main operating areas. ITIS collects
traffic information using Floating Vehicle Data (FVD) and our new Estimotion
technology (which anonymously samples the position of mobile phones in moving
vehicles) and distributes it to the automotive sector, (through RDS-TMC,
cellular networks and via short dial premium line numbers) and to both local and
central Government. NavTrak is our stolen vehicle tracking service and is sold
directly to OEM's and fitted to high value vehicles.

ITIS continues to be the market leader in RDS-TMC services and now has contracts
with Bentley Motors, BMW, Ferrari & Maserati, Ford Motor Company, Land Rover,
Lexus, Mitsubishi Motors, Nissan, Renault, Saab, Subaru Europe, Toyota, Vauxhall
Motors and Volkswagen and in the aftermarket with Alpine, Becker, Panasonic,
Pioneer and Siemens VDO. We expect to announce further contracts during the
remaining part of this year ensuring that we remain the major provider of
RDS-TMC in the UK. As RDS-TMC is an international standard we are investigating
how we can use our knowledge together with the Estimotion technology to support
services outside the UK.

In February this year we announced a three year contract to supply historic FVD
to the Department for Transport and we are pleased to report that the DfT is now
starting to use and distribute our data widely. Both national and local
Government are key areas for ITIS and we will build on this contract from the
DfT to maximise revenues from this important sector.

The acquisition of Estimotion in December 2003 has exceeded our expectations. We
have secured O2 as a network partner in the UK and will shortly be taking our
first deployment in Scotland and expect other cities will follow shortly after.
We are working with the Flemish Government and Proximus, the largest network in
Belgium and last week we announced our entry into the US market with a
strategically significant contract to provide real time traffic information in
the Baltimore region. There is considerable interest from Government and
cellular networks around the world for our technology and we will find a balance
between taking advantage of this interest whilst ensuring that we do not over
commit in terms of resources. We will prioritise contracts where there are
immediate revenue streams and where we do not need to invest heavily in people
or infrastructure. Our preference is for licensing or partnerships with either
the cellular networks who can use the data which we produce to provide services
back to their customers or alternatively, those organisations who have access to
other markets where traffic data can be sold. Next month, under the terms of the
acquisition we will pay the next tranche payment of 816,000.

We believe that there is a huge market for real time traffic information using
our technology and we have proven that we can work outside the UK without the
need to use our own delivery channel. We are therefore focussed on using our
understanding of traffic and congestion combined with our knowledge of specific
applications, like RDS-TMC to support customers with the data they need on a
stand alone basis.

NavTrak is performing well as a result of our focus on manufacturer customers
who include Land Rover, Bentley Motors and Ferrari/ Maserati and is now cash
flow positive on a monthly basis.

The Board are extremely satisfied with the financial performance to date and are
pleased to report that with continued strong demand for our services and greatly
reducing losses our cash balances remain strong.'


Contact:

Stuart Marks, Chief Executive, ITIS Holdings plc - 0161 929 5788
Ginny Pulbrook, Citigate Dewe Rogerson - 0207 282 2945



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

Seems a bag full of opportunity to me. Bought in today for medium term hold

I think the market might be waking up to the potential here.

Do you ever get that WAKE UP market feeling?