EANS-News: init innovation in traffic systems AG / Dubai upgrades transportation system with init technology - New contract for 500 passenger information displays

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Karlsruhe (euro adhoc) - Karlsruhe, September 9, 2009. The Emirate of Dubai is
working at great pace to set up a modern public transportation system - and
continues to opt for innovative technology from Karlsruhe. init innovation in
traffic systems AG has now been commissioned to provide some 500 passenger
information displays for a Real-Time Passenger Information System (RTPI), which
are to be installed by 2010. The RTPI system will be integrated into the
telematics system, also supplied by init, to allow passenger information in real
time. The TFT display PIDvisio and PIDscreen developed by the Karlsruhe-based
telematics specialist will show passengers in real time when the next bus of a
specific line is due. Together with the recently announced order from Dubai, the
total volume amounts to considerably more than EUR 10M.

The Real-Time Passenger Information System is a key component of the public
transportation system which the RTA (Roads and Transport Authority) in Dubai is
setting up by 2010. In terms of quality and service, it will set the standard
worldwide, so that the components are required to meet the most stringent
standards. "We are all the more delighted that they (Dubai) have once more opted
for technology from init. It shows that our systems have a very high status even
at an international level," init CSO Dr. Jürgen Greschner said. "We are proud
that our passenger information displays and the pertinent software will now be
featured as additional components in this highly ambitious public transportation
project that has been noted worldwide." In 2007, init had already provided a
telematics system for the setup of a local public transportation service (ÖPNV)
in Dubai and now has equipped over 1,300 vehicles with on-board computers and
hardware.

The display PIDscreen, currently developed by init, set new quality standards:
In addition to passenger information in Arabic, the 37" TFT displays can also
show pictures, pictograms, maps or videos in DVD quality. The PIDscreen thus has
a much wider range of visualization options than any conventional LED display.
The displays are a modern communication platform between the RTA Dubai and its
customers. The communication between the control center and the passenger
information displays is handled in real time via GPRS.

Project with significant signal effect

"We believe that the Arab region will develop quite significantly over the
coming years in terms of local public transportation," said Eyad Tayeb, Managing
Director of Init innovation in traffic systems FZE, the subsidiary of init in
Dubai. "The project with RTA Dubai has a key signal effect for the entire
region. We can see a considerable increase in demand for our technology here."
By 2011, the Emirate of Dubai alone will invest over five billion euros in the
setup of a local public transportation system that will include buses, water
taxis and a metro.

The work on the Real-Time Passenger Information System has already begun and is
due to be finished by next year. init is involved in this project as an
integration and installation partner of the general contractor, Bond
Communications Group, and will also handle the maintenance of the displays.

Further information on init innovation in traffic systems AG:
As a leading global supplier of telematics and electronic fare payment systems
for buses and railways, init helps transportation companies provide faster,
highly reliable and more efficient public transportation and thus a more
attractive service. Today, more than 300 satisfied customers in over 400
projects worldwide trust in innovative hardware and software technology from
init.

In terms of competitive edge, init´s integrated telematics system, MOBILE,
combines the functions of a central Intermodal Transport Control System (ITCS)
and other software solutions for the preparation, implementation, analysis and
optimization of operations with the mobile telematics systems in the vehicle and
the electronic fare payment systems. The connection to the vehicles is
established by proprietary wireless solutions, or via public telecommunication
networks.

init products are in demand due to their state-of-the-art technology. Their
modular concept and high level of standardization allow them to be used
autonomously or, depending on the requirements of the transportation company, to
be integrated individually into an intelligent overall solution. As a further
option, init products allow for gradual system extensions.

Further inquiry note:
Alexandra Weiß
Investor Relations
Telefon: +49(0)721 6100-102
E-Mail: aweiss@initag.de
Ende der Mitteilung 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: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English

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