Journey Dynamics Appoints John McMonigall as Board Director

LONDON, May 29 /PRNewswire/ --

- McMonigall Backs Journey Dynamics' Traffic Intelligence Technology 
With Private Investment

Journey Dynamics (http://www.journeydynamics.com) a
privately-owned provider of traffic intelligence, today announces that John
McMonigall has joined its board of directors as a non-executive director
following a private financial investment in the company. McMonigall, a
partner of UK-based private equity and venture capital firm Apax Partners,
will bring his extensive operational and investment experience to the
company.

The Journey Dynamics traffic intelligence model produces
highly accurate traffic speed forecasting derived from its proprietary
traffic modelling technology. Journey Dynamics sells its traffic speed
forecasting products to organisations building the next generation of smarter
navigation routing applications where a significantly greater degree of
accuracy will offer competitive differentiation.

John McMonigall comments, "Journey Dynamics' technology will
offer a host of opportunities to application developers, device manufacturers
and technology partners and I am therefore delighted to be joining the board
of this fast growing company. I am very pleased to be making an investment to
aid their future success and expansion across Europe."

John Holland, CEO of Journey Dynamics, comments, "The board of
directors welcome John McMonigall and look forward to benefiting from his
wealth of technology experience to support the growth of Journey Dynamics."

McMonigall joined Apax Partners in 1990 and his previous
investments, which have now been realised by Apax, include Autonomy, Dialog
Semiconductor, Esprit Telecom, HTEC, Imminus, Xpedite Systems, Telefficiency,
TelDaFax, Teles and Jazztel. He also has prior experience running the
European operations of Sperry, as a director of STC Telecommunications, and
as a managing director of BT.

PHOTOGRAPHY OF JOHN McMONIGALL AND JOHN HOLLAND IS AVAILABLE

About Journey Dynamics

Journey Dynamics is a privately-owned provider of traffic
intelligence - traffic speed forecasts with the greatest accuracy and highest
levels of confidence across the entire road infrastructure, for all vehicle
types, using its proprietary traffic modelling technology. By combining this
intelligence with real-time traffic analysis our customers are delivering the
next generation of smarter, dynamic traffic-enabled applications.

For further information, please contact:

    Richard Botley                 John Holland
                                   CEO
    The itpr Partnership           Journey Dynamics
    t. +44(0)1932-578-800          t. +44(0)1306-731709
    http://www.itpr.co.uk          http://www.journeydynamics.com
    richardb@itpr.co.uk            john@journeydynamics.com