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Contracts boost for Cybit

Companies: CYH ��
26/03/2008

Telematics services innovator Cybit Holdings says it has won more than �1.2 million worth of new business for its Fleetstar Vehicle Tracking System.

The AIM-quoted company, which made an interim �616,000 pre-tax on turnover strongly ahead at �9 million, says Fleetstar enables vehicle fleet owners to see the exact location, journey history and speed of every vehicle in their fleet. At 47.5p, up 3.5p today, the shares value the company at �11.3 million.

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Robert Tyerman

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