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.

Karlsruhe, February 1, 2012. The managing board of init innovation in traffic systems AG has decided in accordance with the resolution of the general meeting of May 12, 2010, topic 6 of the agenda to repurchase up to 20,000 own shares (pursuant to §71 (1.8) AktG). The purchase price per share should not exceed 14.50 EUR. The repurchased shares are to be used for existing and future employee share schemes, incentive schemes for members of the Managing Board and managing directors and/or as acquisition currency. It is planned to transact the buy-back during the period from February 2, 2012 to March 31, 2012.

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."

end of announcement   euro adhoc

 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

Vergrößern

---

---

---

---

---