Appointment
09 Dezembro 2003 - 5:01AM
UK Regulatory
RNS Number:0165T
CybIT Holdings PLC
09 December 2003
APPOINTMENT TO INTERNATIONAL OPERATIONS TEAM
Cybit Holdings plc ("Cybit" or the "Company") is pleased to announce the
appointment of Colin Cartwright to its operational management team as Director,
International, heading the company's international expansion. Initially, Sweden,
Germany and Holland will be targeted, building on the company's earlier
acquisition in late 2002 of Drive-IT Systems AB - one of Europe's leading
players in the car sharing market.
Colin brings extensive senior management experience in the telematics,
communications and electronics sectors to Cybit. He was previously Operations
Director for Global Telematics, now part of Thales, where he gained knowledge in
both the telematics sector and the particular demands of UK and international
fleet management operations.
Prior to that Colin was an executive director at European Telecom plc, at the
time one of the fastest-growing companies on the UK stock market, holding the
positions of Group Operations Director and International Managing Director. In
this latter role, he was responsible for growing the company's international
operations from zero to a #100 million operation in just five years.
During the late 1980s and early 1990s, Colin was Managing Director for two
leading consumer electronics brands - Bose UK and KEF Audio. At Bose he was
instrumental in adding a consumer business to the company's professional audio
operation, while at KEF he was responsible for restructuring the business and
developing new international routes to market for KEF's loudspeaker products.
Commenting on the appointment, Richard Horsman, CEO of Cybit said:
"Our strong growth in the UK has given us an excellent platform and a strong
model for expansion into Europe. Colin's proven experience in driving the growth
of international operations, and his experience at European Telecom, will allow
him to make a positive contribution towards the company's continued development.
"Our initial experience in key markets such as Sweden and Germany shows that
there's an equally strong appreciation of our cost-effective telematics
technology approach, and we're confident that under Colin's direction Cybit can
now replicate its UK success in Europe."
- Ends -
For more information, please contact:
Jonathon Brill / Charlotte Kirkham, Bell Pottinger Financial 0207 861 3232
About Cybit
Cybit is a leading provider of fleet management and telematics solutions,
delivering a full range of Internet-based software and support service to
private motorists, vehicle fleet managers and commercial haulage operators.
Cybit operates a number of telematics platforms, from end-to-end OEM solutions
to its own generic platform, providing satellite tracking of mobile assets via
street-level digital maps. This enables Cybit operators to obtain data and
deliver services or assistance via wireless networks for safety critical events,
accident or breakdown, as well as providing support if a vehicle is stolen, or a
driver is late or lost. By facilitating the processing of this information for
financial management purposes, Cybit then frees users up to promote best use of
existing resources.
For more information about Cybit's technology solutions, please contact Philip
Szomszor at IBA Europe on 01780 721433.
This information is provided by RNS
The company news service from the London Stock Exchange
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