init innovation in traffic systems AG

euro adhoc: init innovation in traffic systems AG
Mergers - Acquisitions - Takeovers
init takes over "Interplan" division of PTV AG - Planning systems segment further strengthened

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  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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20.12.2007

initplan GmbH a 100% subsidiary of init innovation in traffic systems AG will take over the "Interplan" division including personnel of PTV AG from Karlsruhe as of January 1, 2008. A contract to that effect was signed today. It was agreed that the purchase price will not be disclosed.

Interplan is a business planning system for transportation companies, which covers all areas of the business. In addition to timetabling, the system can also be used for vehicle and work scheduling and management, for example. Furthermore, Interplan includes modules that allow other aspects such as taxi dispatch or disabled passengers surveys.

The decision to acquire the "Interplan" division was based on strategic considerations. Complementing the company´s own product, MOBILE-PLAN, the system perfectly fits into the product portfolio of the Karlsruhe-based telematics specialist. The acquisition will thus further strengthen the planning systems segment of the company.

With almost 100 national and international customers initplan GmbH is now one of the leading suppliers of business planning systems for transportation companies.

end of announcement                               euro adhoc
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Further inquiry note:

init innovation in traffic systems AG
Alexandra Weiß
+49 721 6100102
ir@initag.de

Branche: Semiconductors & active components
ISIN: DE0005759807
WKN: 575980
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade

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