init innovation in traffic systems AG

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Dublin: init wins first contract in Ireland

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05.05.2008

init innovation in traffic systems AG scored in yet another key strategic move in European business: Dublin Bus, one of the largest Irish transportation providers, has now opted for the introduction of a telematics system from init. Under the recently signed contract, init will provide Dublin Bus with an intermodal transport control system (ITCS) for its bus network and equip around 1200 busses with COPILOTpc on-board computers, WLANrouters and the operating unit PRESSit.

Also part of the contract is a multi operator real time passenger information system including around 1000 PIDstation passenger information displays. The contract, as the first for init in Ireland, also includes the integrated statistical analysis software MOBILEstatistics, the reporting software MOBILEreports and an intranet solution which allows roadside inspectors to display real-time data on portable units. This contract with Dublin Bus is another large-scale project for an European capital.

The project starts at first with a specification phase. Then Dublin Bus will approve the further roll-out of the complete bus fleet. Dublin Bus intends to use the init solution to optimize its operations, improve the efficiency of vehicle management, and reduce its operational costs. With the passenger information system the citizens and visitors of Dublin shall be served with reliable real-time information at the bus stops. Services of Dublin Bus are used by around 146 million passengers each year.

end of announcement                               euro adhoc
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Further inquiry note:

Alexandra Weiß
Investor Relations
Telefon: +49(0)721 6100-102
E-Mail: aweiss@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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