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Manchester Evening News Business Section 1/6/2005 said:ITIS on same wavelength as Germans
TRAFFIC information specialist ITIS has secured a three-year
deal that will see its radio traffic message channel help
Mercedes drivers avoid getting stuck in jams.
The contract with DaimlerChrysler UK, Mercedes-Bent's parent
company, means every car manufactured with a satellite
navigation system will also have ITIS's traffic detection
service as standard.
The latest deal is the 16th the Altrinchaan-based firm has
sealed with major car manufacturers for the product,which enables
drivers to receive up-to-the-minute traffic information that
helps to re-route them away from traffic congestion.
ITIS chiefexecutive, Stuart Marks,said he was delighted with the
coup, adding that getting Mercedes on board meant the company had
now struck deals with all the major German car manufacturers.
He said: "This is the last of the big German players after Porsche,
BMW and Volkswagen for us, so it is strategically important to us.
We are also pretty confident that Jaguar will come through soon too."
Mr Marks said he is now waiting for an increase in the volume of
the product's usage as satellite navigation becomes a more common
facility in new cars.
"As satellite navigation becomes cheaper or becomes standard we hope
tosee revenues increase."
The company posted a £4.6m turnover for the six months to September
and increase of £31.4m on the previous year.
And it is predicted to finish the year with a turnover of £1O.1m, with
a loss of around £1.5m.
tvcam said:Wow..
good news..
can't wait to see it working..
but hang on, that article is dated june last year... so what has happened to the service...
why have we not got it..
tvcam said:John
It will probably happen like this...
When you buy you next map disc you will be given the option for a non TMC or a TMC version. This is what TeleAtlas have been doing for the year. Their price difference is £92 for the non TMC, and £160 for the TMC coded version.
Does this help..
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