EANS-Adhoc: init innovation in traffic systems AG / Another major order for init: Transport association Luxembourg won as a new customer

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
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other/Order
11.12.2012

Karlsruhe/Luxembourg, 11 December 2012. Init innovation in traffic
systems AG has won another major contract and a new customer
reference in Europe: The transport association Luxembourg has awarded
the Karlsruhe based telematics specialist with the delivery of an
integrated system for control, passenger information and electronic
fare collection (e-ticketing). For the association of 34 private and
3 public transport companies of the Grand Duchy init will equip in
the next four years operating centers, stops and around 920 vehicles
with appropriate hardware and software. The order volume for this
first stage of extension will be in the lower two-digit millions.
This integrated system controls almost the entire local public
transport in the mother country of the European Union. A special
feature of the project is the connection to neighbouring light rail
systems in Belgium, Germany and France. init will also implement the
interfaces for Luxembourg's cross-border ticketing in these
countries. Moreover the order also includes the supply of stationary
ticket vending machines and passenger information displays. In the
final stage further 400 vehicles are to be equipped with hardware and
software from init. After a successful implementation of the project
there are even more options possible.

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