Itis Holdings

Itis Holdings produces road pricing technology and has contracts with Transport for London and 'several local authorities'. In 2007 the company is reported to have a market value of almost £60m and to be 'focused on traffic data collection'. It's annual sales for 2007 were £18.8m with reported profits of £3.9m.

Projects

In 2006, Itis reports the trial of its latest innovation, CFVD, with 'a leading mobile operator'. It is stated that 'CFVD measures and forecasts real-time traffic flow by sampling the positions of mobile phones'. This unnamed operator is reported as funding:

'a project using our CFVD technology to demonstrate how anonymous signalling data from its network can generate high quality information on road traffic and general mobility within a large metropolitan area in Europe. The results of this study will be presented to both public and private sector organisations and may lead to other deployments in countries where this operator has a strong presence'.

Subsidiaries

Itis is the owner of 'satellite tracking company' NavTrak.

People

• Trevor Chinn - Chairman
• Gary Gates - International Business Director
• Stephen Ladyman (Former transport minister) joined Itis in 2008. The Sunday Times reports that Ladyman 'would not lobby the government for a year after he stood down as a minister', but goes on to state that he 'is able to assist Itis in seeking contracts in the EU'