EANS-Adhoc: init innovation in traffic systems AG / init wins biggest order in group history - contract value of more than 35 million Euro

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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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13.07.2012

Karlsruhe, 13 July 2012. init innovation in traffic systems AG (ISIN:
DE0005759807) received through its subsidiary INIT GmbH the largest
single order in its group history.

INIT will be the general contractor in a project for a joint
tendering group led by Rheinbahn AG Düsseldorf. For this project INIT
will set up a TETRA trunked system and install a new Intermodal
Transport Control System (ITCS) for the group over the next four
years.

In addition to Rheinbahn AG Düsseldorf GmbH, three additional
transport companies (Duisburger Verkehrsgesellschaft, Essener
Verkehrs-AG and Mülheimer Verkehrsgesellschaft mbH) which are
represented by VIA Verkehrsgesellschaft, form part of the tendering
group. These transport companies carry approximately 1.3 million
passengers daily in the Rhine-Ruhr region.

The Karlsruhe based supplier for telematics will provide the central
traffic controls for the four transport companies and the necessary
hardware and software (on-board computer, ITCS, dynamic passenger
information) for over 1,000 vehicles (buses, trams). When completed
the TETRA trunked system which is set up with Motorola about 2,000
radio subscribers will be able to communicate with each other. This
will be one of the largest telematics project for public transport
ever realized in Germany.

The accurate contract value will be calculated on the basis of the
specification and numbers of vehicles to be equipped and options
executed by the client and will exceed 35 million Euro.

Further inquiry note:
Simone Fritz
Investor Relations
Tel.: +49 (0)721/6100-115
mailto: 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: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English