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init innovation in traffic systems AG

euro adhoc: init innovation in traffic systems AG
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init wins major contract in the USA

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
New Contract
04.04.2008
INIT Innovations in Transportation, Inc., has been awarded a major 
contract with Community Transit in Everett, Washington. The US 
American subsidiary of init innovation in traffic systems AG will 
equip the complete fleet of Community Transit´s 337 Fixed Route 
vehicles and 55 Paratransit vehicles with their JAVA-based CAD/AVL 
software and onboard computers. The project has a volume of 10 Mio. 
US-Dollar and is scheduled to begin immediately with completion 
projected in the spring of 2010.
Community Transit operates 64 bus routes in the Seattle metropolitan 
area and provides more than 10 million passenger rides a year. 
Community Transit will also utilize other INIT technologies 
including: on-board next stop displays and announcements with MP3 
Voice data center for audio recording, automatic passenger counting 
system, statistics software for reporting, wireless LAN and real-time
passenger information. In addition, INIT will provide an interface to
the destination signs, traffic signal priority system, fare boxes and
Paratransit Scheduling Software.
end of announcement                               euro adhoc

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
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Plus de actualités: init innovation in traffic systems AG
Plus de actualités: init innovation in traffic systems AG