init innovation in traffic systems AG

EANS-News: init innovation in traffic systems AG
init enters electronic fare collection market in North America

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Contracts/New contract

Karlsruhe (euro adhoc) - July 14th, 2011. init innovation in traffic systems AG
enters a new market in North America with its electronic fare collection
solutions for public transport. After achieving the leading position in the
market of fleet management and real-time systems in North America, now for the
first time, the Karlsruhe-based supplier for telematics and electronic fare
collection systems has been successful in a tender for a major electronic fare
collection project in the USA. INIT Innovations in Transportation, Inc., a
subsidiary of init innovation in traffic systems AG, has been awarded a landmark
contract with Sacramento Area Council of Governments (SACOG) in California for
the installation of a multi-agency electronic fare collection solution on over
500 of the agencies´ buses and at more than 80 locations on rail station
The contract calls for the implementation of smartcard passenger terminals
(PROXmobil), Add Fare Machines (AFM), GPS enabled onboard computers, customer
service workstations, retail sales terminals (EVENDpc), and a sophisticated
back-office fare management system (MOBILEvario) for the Council´s new Connect
Transit Card System.

The state-of-the-art e-fare system from INIT is part of the  Sacramento region´s
mission to offer an efficient area-wide transportation system within the region
of California´s capital which includes 6 counties and 22 cities with more than 2
million inhabitants. The installation of init´s electronic fare collection
technology will give SACOG and the six participating transit operators the
ability to increase efficiency and on-time performance by reducing boarding
times at stops and decreasing driver workloads.  Using init´s PROXmobil
smartcard reader, passengers will tap their fare cards when boarding buses or at
platforms before boarding trains and again when debarking which will
automatically debit the exact fare for that ride. The agency has opted for
init´s EVENDpc as a retail sales terminal which provides transit riders the
ability to easily purchase or top up smartcards at several retail locations
throughout the region.  

The process of managing all relevant fare details, including revenue share
between agencies, will be easily handled through INIT´s back-office system,
MOBILEvario. This software solution allows the Sacramento area transit operators
to handle all fare collection and clearing processes with ease and efficiency
while streamlining work processes and enhancing services for passengers in the
Sacramento region .

"Although init has installed successful electronic fare collection systems
around the world, the contract with SACOG marks a major milestone as it is the
first of its kind in the North American market. Sacramento is a highly regarded
reference project and may further open new opportunities in the e-fare
collection market", says Dr. Jürgen Greschner, CSO of init innovation in traffic
systems AG.

The Sacramento Area Council of Governments (SACOG) is an association of local
governments in the six-county Sacramento region that provides transportation
planning and funding for the region, and serves as a forum for the study and
resolution of regional issues.  Its members include the counties of El Dorado,
Placer, Sacramento, Sutter, Yolo, and Yuba, as well as an additional 22 cities
within the Sacramento region.

About init
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. 
The init group has provided Intelligent Transportation Systems (ITS) and
electronic fare management for public transport for more than 25 years now.
Today, more than 300 public transport companies 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,
e-fare collection solutions, 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.

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:
Alexander Güntert
Tel.: +49 (0)721 6100-316

end of announcement                               euro adhoc 

company:     init innovation in traffic systems AG
             Käppelestraße 6
             D-76131 Karlsruhe
phone:       +49(0)721 6100-0
FAX:         +49(0)721 6100-399
sector:      Semiconductors & active components
ISIN:        DE0005759807
indexes:     CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, Hannover, München 
language:   English

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