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init innovation in traffic systems AG

EANS-News: init innovation in traffic systems AG
init supports Salzburg with operational optimisation and ticketing

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Contracts


Karlsruhe (euro adhoc) - init is supplying hardware and software for operational
control, passenger information and the ticketing system

Karlsruhe/Salzburg, 6 August 2012. It is one of the key issues for our
mo-bility: private transport and public transport must be better coordinated to
conserve scarce energy resources and to reduce emissions. A project relating to
this is currently underway in the Austrian city of Salzburg. To enable the
necessary data to be provided in real time and to be available at the various
interfaces, init innovation in traffic systems AG has now been tasked with
installing the relevant hardware and software for public transport.
The new control system MOBILE-ITCS will generate and analyse data from the buses
(Obuses) in the traffic system and will pass on this information to various
interfaces. 

Future-oriented model with integrated ticketing
Highly specialised hardware and software are required to make sure the system
works. These are to be provided for about 110 Obuses in Salzburg and the control
centre of the transport operator Salzburg AG by Karlsruhe-based init, the
worldwide leading supplier of Intelligent Transportation Systems for public
transportation. The Obus operator of Salzburger Lokalbahnen decided to have the
existing control system, including the ticketing system replaced by init
following a Europe-wide call for tenders.
For the operational headquarters, init is supplying a modern Intermodal
Transport Control System (ITCS) with dynamic passenger information and
operational statistics. Simultaneously, numerous interfaces are being realised
for data supply, personnel and service planning and various information systems.

For this purpose, the Obuses have to be equipped with the integrated on-board
computer/ticket printer EVENDpc. The vehicle data supply and tariff data
extraction will take place via WLAN. The central ticket management and clearing
system MOBILEvario manages the tariff of the Salzburger Verkehrsverbund and an
individual in-house tariff.
"The Salzburg model is future-oriented in terms of the efficient organisation of
transport systems in conurbations. We are therefore very proud to be able to
make a substantial contribution to this pilot project as a partner of Salzburg
AG. We also expect there to be increased calls for tenders for integrated
projects of this kind in the future", remarked Dr Jürgen Greschner, CSO, when
the contract was awarded.

Information on init innovation in traffic systems AG:
The company was founded by Dr. Gottfried Greschner in Karlsruhe in 1983 as an
university spinoff. init innovation in traffic systems AG has been quoted on the
stock exchange and listed in the Prime Standard of Deutsche Börse since 2001. As
one of the world's leading providers in the field of telematics, planning and
electronic fare collection systems for buses and trams, init helps transport
operators make passenger services quicker and more attractive, punctual and
efficient. In the 2011 financial year, the company generated sales of EUR 88.7
million and net profit of EUR 15.1 million with 377 employees (apprentice
included) worldwide.


Further inquiry note:
Simone Fritz
Investor Relations
Tel.: +49 (0)721/6100-115
mailto:ir@initag.de

end of announcement                               euro adhoc 
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company:     init innovation in traffic systems AG
             Käppelestraße 6
             D-76131 Karlsruhe
phone:       +49(0)721 6100-0
FAX:         +49(0)721 6100-399
mail:         info@initag.de
WWW:         http://www.initag.de
sector:      Semiconductors & active components
ISIN:        DE0005759807
indexes:     CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
             Stuttgart, regulated dealing/prime standard: Frankfurt 
language:   English

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