euro adhoc: init innovation in traffic systems AG / other / Dublin: init wins first contract in Ireland

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05.05.2008

init innovation in traffic systems AG scored in yet another key
strategic move in European business: Dublin Bus, one of the largest
Irish transportation providers, has now opted for the introduction of
a telematics system from init. Under the recently signed contract,
init will provide Dublin Bus with an intermodal transport control
system (ITCS) for its bus network and equip around 1200 busses with
COPILOTpc on-board computers, WLANrouters and the operating unit
PRESSit.

Also part of the contract is a multi operator real time passenger
information system including around 1000 PIDstation passenger
information displays. The contract, as the first for init in Ireland,
also includes the integrated statistical analysis software
MOBILEstatistics, the reporting software MOBILEreports and an
intranet solution which allows roadside inspectors to display
real-time data on portable units. This contract with Dublin Bus is
another large-scale project for an European capital.

The project starts at first with a specification phase. Then Dublin
Bus will approve the further roll-out of the complete bus fleet.
Dublin Bus intends to use the init solution to optimize its
operations, improve the efficiency of vehicle management, and reduce
its operational costs. With the passenger information system the
citizens and visitors of Dublin shall be served with reliable
real-time information at the bus stops. Services of Dublin Bus are
used by around 146 million passengers each year.

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: Börse Frankfurt / regulated dealing/prime standard
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