init innovation in traffic systems AG

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Dublin: init wins first contract in Ireland

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 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. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: init innovation in traffic systems AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Alexandra Weiß Investor Relations Telefon: +49(0)721 6100-102 E-Mail: aweiss@initag.de Branche: Semiconductors & active components ISIN: DE0005759807 WKN: 575980 Index: CDAX, Prime All Share, Technologie All Share Börsen: Börse Frankfurt / regulated dealing/prime standard Börse Berlin / free trade Börse Hamburg / free trade Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse Hannover / free trade Börse München / free trade

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