euro adhoc: init innovation in traffic systems AG / other / Dublin: init wins first contract in Ireland (E)

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05.05.2008

init innovation in traffic systems AG scored in yet another key strategic move
in European business: Dublin Bus, one of the largest Irish transportation
providers, has now opted for the introduction of a telematics system from init.
Under the recently signed contract, init will provide Dublin Bus with an
intermodal transport control system (ITCS) for its bus network and equip around
1200 busses with COPILOTpc on-board computers, WLANrouters and the operating
unit PRESSit.

Also part of the contract is a multi operator real time passenger information
system including around 1000 PIDstation passenger information displays. The
contract, as the first for init in Ireland, also includes the integrated
statistical analysis software MOBILEstatistics, the reporting software
MOBILEreports and an intranet solution which allows roadside inspectors to
display real-time data on portable units. This contract with Dublin Bus is
another large-scale project for an European capital.

The project starts at first with a specification phase. Then Dublin Bus will
approve the further roll-out of the complete bus fleet. Dublin Bus intends to
use the init solution to optimize its operations, improve the efficiency of
vehicle management, and reduce its operational costs. With the passenger
information system the citizens and visitors of Dublin shall be served with
reliable real-time information at the bus stops. Services of Dublin Bus are used
by around 146 million passengers each year.

Further inquiry note:
Alexandra Weiß
Investor Relations
Telefon: +49(0)721 6100-102
E-Mail: aweiss@initag.de

end of announcement euro adhoc
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emitter: 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, Technologie All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse Hannover, Börse München
language: English

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