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  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.
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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 
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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