init innovation in traffic systems AG

EANS-News: init innovation in traffic systems AG
init receives first contract in New Zealand to fit Canter-bury/New Zealand with e-ticketing system

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technology

Karlsruhe (euro adhoc) - Karlsruhe, June 2, 2009. init innovation in traffic systems AG has managed to break into a new market winning its first request for proposal in New Zealand. The Karlsruhe-based telematics specialist has been selected to provide over 300 vehicles of four bus companies in and around the city of Christchurch on New Zealand´s South Island with EVENDpc, the integrated on-board computer and electronic ticket printer. The system will also integrate two point of sale locations and a ferry. Christchurch is the capital of the administrative district of Canterbury, the largest of 17 regions in New Zealand by area, and has some 520,000 inhabitants. The project has been commissioned by Environment Canterbury, the regional council that has opted to purchase the system and install it on all contracted urban passenger services vehicles in the region.

The vehicles of the various operators will be fitted with the on-board computer/ticket printer EVENDpc, which is already used successfully by four regional transportation services of DB Stadtverkehr GmbH in Bavaria. The customized version for the four bus companies in the Canterbury district will integrate the on-board computers with the background and clearing system MOBILEvario in a single smart card ticketing system. The communication is handled via GPRS.

The init system will further integrate the "Metrocard", previously used by the bus companies for ticket sales. The pc-based on-board computer and ticket printer EVENDpc from init is able to read and write on these cards for an even customer-friendlier version to ensure that the cards can still be used and do not need to be replaced.

This project involving the expansion of an efficient local public transportation system in New Zealand will have a volume in the lower single-digit millions for init.

init innovation in traffic systems AG:

The init group has provided Intelligent Transportation Systems (ITS) for public transport for more than 25 years now. Today, more than 300 public transit agencies in 400 projects worldwide rely on init´s innovative integrated hardware and software technology.

MOBILE, init´s integrated product family, comprises ITCS software and hardware, data and voice radio systems, next stop displays and announcement systems, scheduling software for fixed-route and on-demand services, real-time passenger information at stops and stations, via the Internet or mobile phone, TSP (Traffic Signal Priority), APC (Automated Passenger Counting), an integrated suite of planning and optimizing tools and much more. Due to its modular design, all products can be used as a stand-alone system or be integrated, even with third-party systems.

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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
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