Apeldoorn, 9 August, 2011 – HITT has been awarded a contract for the delivery of a vessel traffic information system (VTMIS) for the port of Ho Chi Minh in Vietnam. The project will be executed with a local partner and will be completed in early 2012. The port of Ho Chi Minh is the largest in Vietnam and plays a crucial role in the rapidly growing Vietnamese economy.

HITT's subsidiary in Canada, Klein Systems Group Ltd., will provide the Spanish port of Barcelona with a Port Management Information System. This system will lead to improved and reliable port processes and operational efficiency in the port. As a result, the activities in the port will be better coordinated and it will result in a faster and more efficient information exchange between the operational parties in the port. In addition it will allow the port of Barcelona to integrate all aspects of Port Information Management operational and business requirements into one comprehensive solution with other systems such as VTS/AIS, Lloyds Registration, customs, agencies, weather information, document management applications as a result of which the port as a whole will benefit from more efficient planning and handling of ships.

The new contracts have a value of approximately EUR 2 million.

Profile HITT

HITT is a leading player in the worldwide markets for traffic management and navigation systems. The company develops technology aimed at safety enhancement and traffic flow improvement, whilst also enabling significant cost reductions in infrastructure and logistics. The core activities of HITT consist of developing and selling management & control systems and services for air and vessel traffic and hydro-graphic and navigation systems. In 2010 HITT achieved a revenue of EUR 36 million and a net profit of EUR 2.2 million. The number of staff at year-end 2010 was 163. HITT has been listed on Euronext Amsterdam NV since June 1998.

Further information:

Sjoerd Jansen (CEO); telephone +31(0)55 543 2590, e-mail: investor.relations@hitt.nl