Cybit Announces the Integration of Integra Telematics Customer Base

Cybit Holdings Plc (AIM: CYH), a leading international provider of telematics based products and services for the management and control of land and sea based assets, is pleased to announce that its subsidiary Cybit Ltd has been assigned contracts to provide telematics services to customers of Integra Telematics, a subsidiary of GDS Mobile Communications Limited (GDS).

GDS, the mobile communications specialist based in Glasgow, is moving away from developing telematics based products and services in order to focus on its core business of providing mobile radio communications. In doing so, GDS has chosen to assign Integra's telematics contracts to Cybit owing to the scope of Cybit's solutions, stability as a service provider and the high standard of service provided to its customers.

Integra's customer base includes a significant number of infrastructure providers in the local government and construction sectors as well as five large Scottish councils. The addition of these contracts will consolidate Cybit's position as one of the leading providers of telematics solutions to Scottish based customers. As part of the deal, GDS will become a reseller and installer of Cybit solutions.

Richard Horsman, Chief Executive Officer of Cybit Holdings Plc, said:

"GDS's decision assigning these telematics contracts to Cybit is a clear indication that the Company is seen as the logical choice for any business looking to refocus core activities.

"These contracts give us access to a valuable client base and will strengthen Cybit's position in Scotland, building the Company's local profile and market share. This further demonstrates our ability to identify opportunities quickly whilst continuing to provide our customers with a high standard of service."

George Kolasinski (GK), Managing Director of Integra Telematics Limited, commented:

"The current challenging market conditions have meant that we decided to put our focus back onto the wider mobile communications market, and sought to offer our clients a safe choice for their continued telematics services.

"We identified Cybit as the leading player in the market and therefore are satisfied that it is the safe alternative for our customers. We are pleased that our customers are going to receive the benefits of working with a world class company such as Cybit and know that the service provided will be second to none."

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