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UBC Media Group PLC
10 December 2007
10 December 2007
UBC Media extends key contract with ITIS and major radio station groups
Digital radio specialist UBC (UBC.L) today announces an extension of its
commercial relationship with ITIS, the leading provider of traffic information
in the UK, as part of the Network Drive package. Initially due to expire at the
end of 2010, UBC's partnership with ITIS will now run until the end of 2012.
The decision to lengthen current ties with UBC follows ITIS's purchase of
Traffic Link, the current provider of all traffic and travel information across
UBC's Network Drive system, which is the UK's largest syndicated traffic and
travel network. UBC has the exclusive rights to exploit Traffic Link information
on commercial radio.
Welcoming the extension, UBC's Chief Operating Officer John Quinn said:
"We are delighted that ITIS is extending its commercial relationship with UBC.
This will benefit our millions of listeners each week and strengthen Network
Drive's position as the UK's leading syndicated traffic and travel network."
Stuart Marks, Chief Executive of ITIS said:
"We are very pleased, following our acquisition of Trafficlink, to be working
with UBC Media who are an important part of our business. Our confidence in
UBC's abilities led us to extend the contract until the end of 2012 and we
believe that the long term nature of our partnership will enable both companies
to work more closely together and to identify new areas of business and ways of
enhancing the current offering."
In addition UBC has secured long term extensions to current contracts with GMG,
Global Radio, UTV and the Local Radio Company to provide syndicated services to
the groups' respective commercial radio stations. These contracts deliver 48 per
cent of UBC's combined audience delivery and ensure that the company continues
to reach 19 million adults per week.
ENDS
Enquiries
John Quinn, COO, UBC Media Group plc Tel: 020 7453 1600
Diane Barnes or Verity Williams, Portland for UBC Tel: 020 7404 5344
About UBC Media Group plc
UBC is quoted on the London Stock Exchange's AIM market. The Group is the market
leader in the supply of audio content and broadcast data software to the radio
industry in the UK. In addition to the entertainment, traffic & travel and
national news services provided to commercial radio, the Group is the largest
independent producer of radio programming for the BBC and the UK's leading
supplier of digital radio scrolling text and EPG software. It is also part of
the MXR Regional Multiplex consortium and the 4Digital National Multiplex
consortium.
www.ubcmedia.com
About ITIS
ITIS Holdings plc, listed on AIM, (ITH.L) is the UK's leading provider of
traffic incident and travel information. ITIS has invested in the development
of a unique system for the collection and analysis of traffic information, it
combines journalistic information with ITIS' historic and real-time Floating
Vehicle Data (FVDTM) to provide journey time forecasts and real-time updates.
ITIS now operates the largest commercial application of FVD anywhere in the
world, and delivers the content over a variety of platforms including RDS-TMC
(Alert C), digital radio and automated telephone services (IVR) under the
Keepmoving brand. ITIS has agreements in the UK to provide information to BMW,
Ford, Jaguar, Land Rover, Lexus, MINI, Mercedes-Benz, Mitsubishi, Nissan,
Porsche, Renault, Rolls Royce, Saab, Subaru, Toyota and Volvo. Aftermarket and
portable device customers include Active Pilot, Clarion, Co Pilot, Fujitsu,
Harman Becker, Mio, Navicore, Navman, Pioneer, Road Angel, Route 66, Siemens
VDO, Snooper, Sony Europe, Telmap, Telenav, TomTom, ViaMichelin and Way Finder.
In December 2007, IT IS acquired Trafficlink who are the UK's leading provider
of traffic incident and travel information to broadcasters, business and
government, providing over 42 million people each week with access to real-time
journey information across all modes of transport.
Trafficlink gathers, edits and broadcasts traffic and travel information from a
network of seven regional offices (London, Bristol, Birmingham, Cardiff,
Manchester, Middlesbrough, Edinburgh) that operate 24 hours per day, 7 days a
week. REGIS, Trafficlink's data aggregation tool, covers the entire UK road
network as well as all forms of public transport and aggregates real-time
traffic and travel information from over 5,000 CCTV cameras, police forces,
government agencies, local councils and other sources. Trafficlink's data is
then delivered by its customers across multiple platforms that include
commercial radio stations, BBC local and national radio, Ceefax and BBC Online,
Teletext, ITV Local, GMTV, Sky News, an expanding range of corporate clients,
websites and government agencies.
Outside of the UK ITIS uses its Cellular Floating Vehicle Data (CFVDTM) which
takes anonymous signalling information from wireless networks to determine speed
and flow information on a given road network. ITIS has successfully introduced
CFVD in Australia, Belgium, Czech Republic, Israel and the USA. Other projects
are underway in Asia, Ireland South Africa and Spain.
www.itisholdings.com
This information is provided by RNS
The company news service from the London Stock Exchange