EANS-Adhoc: init innovation in traffic systems AG / Final announcement regarding share buy-back

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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11.11.2011

Announcement pursuant to Article 4 para. 4 of the European Regulation
(EC) 2273/2003

Karlsruhe, November 11, 2011. init innovation in traffic systems AG
repurchased a total of 20,000 shares of init innovation in traffic
systems AG (ISIN DE0005759807) at an average price of EUR 16.3938
within the period from September 19, 2011 up to and including
November 11, 2011. The share buy-back was carried out in accordance
with the ad hoc release dated September 19, 2011 and was executed via
the stock exchange (XETRA) by Commerzbank AG, the financial
institution commissioned by init innovation in traffic systems AG.
The number of repurchased shares corresponds to an imputed share of
0.2% of the capital stock. Pursuant to the resolution of September
19, 2011. The share buy-back is therefore complete. The information
will also be available from the following website www.initag.com (see
Investor Relations/The init share/Share buy-back).

init innovation in traffic systems AG
Managing board

For further information please contact:
Alexander Güntert
init innovation in traffic systems AG
Kaeppelestraße 4-6
76131 Karlsruhe
Tel.: 0721/6100-316
Fax: 0721/6100-399
ir@initag.de

Sebastian Brunner
communication+consulting
Tel.: 0175/5604673
fsbrunner@aol.com

Disclaimer: "This release is not being issued in the United States of
America and should not be distributed to United States Persons or
publications with a general circulation in the United States. This
document does not constitute an offer or invitation to subscribe for
or purchase any securities in addition, the securities of init AG
have not been registered under the United States securities laws and
may not be offered, sold or delivered within the United States or to
U.S. Persons absent from registration under or an applicable
exemption from the registration requirements of the United States
securities law."

Further inquiry note:
Alexander Güntert
Tel.: +49 (0)721 6100-316
E-Mail: ir@initag.de

end of announcement euro adhoc
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issuer: init innovation in traffic systems AG
Käppelestraße 6
D-76131 Karlsruhe
phone: +49(0)721 6100-0
FAX: +49(0)721 6100-399
mail: info@initag.de
WWW: http://www.initag.de
sector: Semiconductors & active components
ISIN: DE0005759807
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English