EANS-News: init innovation in traffic systems AG / Dubai upgrades transportation system with init technology - New contract for 500 passenger information displays

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Company Information/Order from Dubai

Karlsruhe (euro adhoc) - Karlsruhe, September 9, 2009. The Emirate of
Dubai is working at great pace to set up a modern public
transportation system - and continues to opt for innovative
technology from Karlsruhe. init innovation in traffic systems AG has
now been commissioned to provide some 500 passenger information
displays for a Real-Time Passenger Information System (RTPI), which
are to be installed by 2010. The RTPI system will be integrated into
the telematics system, also supplied by init, to allow passenger
information in real time. The TFT display PIDvisio and PIDscreen
developed by the Karlsruhe-based telematics specialist will show
passengers in real time when the next bus of a specific line is due.
Together with the recently announced order from Dubai, the total
volume amounts to considerably more than EUR 10M.

The Real-Time Passenger Information System is a key component of the
public transportation system which the RTA (Roads and Transport
Authority) in Dubai is setting up by 2010. In terms of quality and
service, it will set the standard worldwide, so that the components
are required to meet the most stringent standards. "We are all the
more delighted that they (Dubai) have once more opted for technology
from init. It shows that our systems have a very high status even at
an international level," init CSO Dr. Jürgen Greschner said. "We are
proud that our passenger information displays and the pertinent
software will now be featured as additional components in this highly
ambitious public transportation project that has been noted
worldwide." In 2007, init had already provided a telematics system
for the setup of a local public transportation service (ÖPNV) in
Dubai and now has equipped over 1,300 vehicles with on-board
computers and hardware.

The display PIDscreen, currently developed by init, set new quality
standards: In addition to passenger information in Arabic, the 37"
TFT displays can also show pictures, pictograms, maps or videos in
DVD quality. The PIDscreen thus has a much wider range of
visualization options than any conventional LED display. The displays
are a modern communication platform between the RTA Dubai and its
customers. The communication between the control center and the
passenger information displays is handled in real time via GPRS.

Project with significant signal effect

"We believe that the Arab region will develop quite significantly
over the coming years in terms of local public transportation," said
Eyad Tayeb, Managing Director of Init innovation in traffic systems
FZE, the subsidiary of init in Dubai. "The project with RTA Dubai has
a key signal effect for the entire region. We can see a considerable
increase in demand for our technology here." By 2011, the Emirate of
Dubai alone will invest over five billion euros in the setup of a
local public transportation system that will include buses, water
taxis and a metro.

The work on the Real-Time Passenger Information System has already
begun and is due to be finished by next year. init is involved in
this project as an integration and installation partner of the
general contractor, Bond Communications Group, and will also handle
the maintenance of the displays.

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.

Ende der Mitteilung 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
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