Purchase of Patent

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 The company news service from the London Stock Exchange