euro adhoc: init innovation in traffic systems AG / other / Den Haag: init wins first contract in the Netherlands

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09.03.2006

init innovation in traffic systems AG scored in yet another key
strategic move in European business: HTM , one of the largest Dutch
transportation companies, has now opted for the introduction of a
telematics system from init. Under the recently signed contract, init
will provide The Hague with a intermodal transport control system
(ITCS) for its streetcar network and equip around 50 two-way vehicles
with COPILOTpc on-board computers and the touchscreen operating unit
TOUCHit.

The contract, as yet the first for init in the Netherlands, also
includes the integrated planning and data management system
MOBILE-PLAN as well as the perdis personnel dispatch software.
Initially, the contract volume will aggregate close to 2 mill. Euro,
with an option of more than 2 mill. Euro for the equipment of further
vehicles.

HTM intends to use the init solution in the short term to optimize
its operations, improve the efficiency of vehicle and personnel
management, and reduce its administration costs. The services of HTM
in the Dutch metropolis are used by around 350,000 passengers each
day. In addition to The Hague, HTM also has international references
as a consultant of local public transportation systems, including
Egypt, Russia, and China.

For init, this contract from the city that holds the seat of the
Dutch government will be a key pilot project reference in further
tenders in the Benelux states. After Berlin, Stockholm, Lisbon,
Vienna, London, Oslo, and Copenhagen, The Hague is now the eighth
European capital/seat of government to implement a telematics
solution from init.

end of announcement euro adhoc 09.03.2006 07:18:59
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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: Frankfurter Wertpapierbörse / regulated dealing
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