init innovation in traffic systems AG
EANS-Adhoc: init innovation in traffic systems AG
INIT expects major contract
from Canada
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 06.09.2012 Karlsruhe, 6 September 2012. The Board of the Public Transport Authority of STM in Montreal, Canada has awarded INIT Innovations en transport (Canada Est Inc.), a 100% subsidiary of init AG, with the contract for the I-BUS project. The I-BUS project comprises the delivery of a real-time information system for STM. The scope of delivery is still to be defined in detail. Upon successful closure of the contract, INIT estimates a Euro contract value in the middle two-digit millions. Further inquiry note: Janina Bujnoch Secretary Executive Management Tel.: +49 (0)721 6100-102 E-Mail: jbujnoch@initag.de end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: 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