init innovation in traffic systems AG

euro adhoc: init innovation in traffic systems AG
Buybacks
init decides share buy-back

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19.09.2008

The managing board of init innovation in traffic systems AG has decided in accordance with the resolution of the general meeting of May 27, 2008, 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 7.00 EUR.

The repurchased shares are to be used for existing and future employee share schemes and/or as acquisition currency.

It is planned to transact the buy-back during the period from September 19, 2008 to January 31, 2009.

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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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