EANS-News: init innovation in traffic systems AG / init equips a further 800 vehicles for Dubai

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Company Information/New contract from Dubai

Karlsruhe (euro adhoc) - Karlsruhe, September 3, 2009. In only a few
months, the Emirate of Dubai will see the 2,000th bus integrated into
its new public transportation system. Since 2007, the Karlsruhe-based
telematics specialist has been setting up an Intermodal Transport
Control System (ITCS), and has already supplied the Arab Emirate with
on-board computers for over 1,300 vehicles. Now, the central
transportation authority of the country, the Roads and Transport
Authority (RTA), has commissioned init innovation in traffic systems
AG to provide an additional 800 vehicles with on-board computers.

"Our experience so far with the on-board computers and the control
system from init is very good. We therefore opted to continue
investing in this superior technology," Mr. Omar Ali Al Zaabi, ITS
Team Manager, from the RTA said in regard to the contract award. The
contract, which involves the installation and integration of on-board
computers into the control system along with maintenance of the
technology, has a volume in the single-digit million range.

Along with its robust nature, the on-board computer developed by
init, also impressed the transit authority with its proven
efficiency. The COPILOTpc provides the RTA Dubai with the ability to
organize voice and data transmissions, calculate the location data
and the current schedule situation and send this information in real
time to the control center and to the passenger information system.
Furthermore, it can automatically provide peripheral devices in the
vehicle such as ticket vending and canceling machines, passenger
counting systems or the traffic signal priority system with
appropriate data.

Good chance of further contracts In summing up the advantages of the
control system installed by init, Eyad Tayeb, Managing Director of
Init innovation in traffic systems FZE, the subsidiary of init in
Dubai stated, "This means increased efficiency and schedule
effectiveness for the transportation company, and a more
comprehensive service for the passengers. Our technology currently
attracts much attention in the region, and we therefore believe we
have a good chance of receiving further contracts."

Further information on init innovation in traffic systems AG:

As a leading global supplier of telematics and electronic fare
payment systems for buses and railways, init helps transportation
companies provide faster, highly reliable and more efficient public
transportation and thus a more attractive service. Today, more than
300 satisfied customers in over 400 projects worldwide trust in
innovative hardware and software technology from init.

In terms of competitive edge, init´s integrated telematics system,
MOBILE, combines the functions of a central Intermodal Transport
Control System (ITCS) and other software solutions for the
preparation, implementation, analysis and optimization of operations
with the mobile telematics systems in the vehicle and the electronic
fare payment systems. The connection to the vehicles is established
by proprietary wireless solutions, or via public telecommunication
networks.

init products are in demand due to their state-of-the-art technology.
Their modular concept and high level of standardization allow them to
be used autonomously or, depending on the requirements of the
transportation company, to be integrated individually into an
intelligent overall solution. As a further option, init products
allow for gradual system extensions.

end of announcement euro adhoc
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ots Originaltext: init innovation in traffic systems AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Alexandra Weiß

Investor Relations

Telefon: +49(0)721 6100-102

E-Mail: aweiss@initag.de

Branche: Semiconductors & active components
ISIN: DE0005759807
WKN: 575980
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
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München / free trade