Purchase of Patent

RNS Number:2240D
ITIS Holdings PLC
01 November 2002

                                                               1st November 2002


     ITIS HOLDINGS ANNOUNCES PURCHASE OF US FLOATING VEHICLE DATA PATENT


ITIS Holdings plc ("ITIS") today announces the purchase of US Patent No.
6,236,933 for Instantaneous Traffic Monitoring System (the "Patent") from
Seattle based Holland Technologies LLC, previously InfoMove Inc, for an
undisclosed sum.

Stuart Marks, Chief Executive, ITIS Holdings plc says "This patent is an
excellent complement to the FVD technology we have developed and successfully
implemented with customers such as the AA, Toyota and the Scottish Executive.
We are currently exploring the possibilities for introducing our technologies to
the US market and are in discussions with a number of interested parties who
have a significant requirement for traffic information."


Contact:

Stuart Marks - ITIS Chief Executive on 0161 929 5788
Rupert Steveney - Citigate Dewe Rogerson on 020 7282 2843



NOTES TO EDITORS

ITIS Holdings plc, listed on Aim, is the UK's leading full-service telematics
company providing content and services to vehicle manufacturers as well as
directly to its own customers.

ITIS has developed and operates a unique system to collect and analyse traffic
information using a combination of journalistic and Floating Vehicle Data (FVD),
to provide journey time forecasts as well as real-time traffic updates.

This content is delivered over a number of platforms including RDS-TMC, Digital
Radio, IVR and directly to its own consumer telematics system, NavTrak.

Through its NavTrak business (www.navtrak.com), ITIS has built the UK's largest
consumer telematics brand for which it has developed a range of unique and
innovative stolen vehicle tracking and location based driver services delivered
via GPS/GSM technology.

For further information please visit our website at www.itisholdings.com or
www.navtrak.com.


                      This information is provided by RNS
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