init innovation in traffic systems AG

init continues to extend market position in the Netherlands - RET Rotterdam third major customer

Around 400 vehicles to be provided with init technology

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technology/New Order

Karlsruhe (euro adhoc) - Technology and systems from init innovation in traffic systems AG are more in demand than ever throughout the world. Further impressive proof of this comes in the form of an order for init from Rotterdam. In the city with the largest seaport in Europe, the telematics specialist based in Karlsruhe has been commissioned to integrate some 400 vehicles (129 trams, 226 buses and 41 service vehicles) of the city-owned transportation company RET (Rotterdamse Electrische Tram) into an init operations control system (Intermodal Transport Control System - ITCS). The project has a volume of several millions of euros and is already the third contract for init from the Netherlands, after the public transportation services in The Hague and the private transportation company Syntus.

"We are delighted to have won this important contract. It is at the same time an important reference for the entire Benelux region. This contract will help us continue to extend our already excellent market position in the Netherlands," said init CSO, Dr. Jürgen Greschner, upon signing the contract. As their ambitious goal, RET and init aim to have the vehicles of RET provided with init technology by the end of 2009.

Key reference project for the Benelux region

All vehicles will be equipped with the init on-board computer COPILOTpc, which is based on the standard operating system Windows® XP embedded. Further technology includes an ID card reader, which allows the driver to use a chip card to register in the vehicle. The interface to the central ITCS, which will also be supplied by init, will be implemented using a GPRS-based radio data transmission system.

With a population of some 1,100,000, the city region of Rotterdam is the second largest city region in the Netherlands and the trading and industrial center of the country. 600,000 passengers use the local public transportation services of RET every day. Extrapolated to the year, RET serves some 185 million passengers. The RET network combines public services that include 38 bus lines and eight tram lines, which primarily operate in the city center.

init innovation in traffic systems AG:

The init group has provided Intelligent Transportation Systems (ITS) for public transport for more than 25 years now. Today, more than 300 public transport companies in 400 projects worldwide rely on init´s innovative integrated hardware and software technology.

MOBILE, init´s integrated product family, comprises ITCS software and hardware, data and voice radio systems, next stop displays and announcement systems, scheduling software for fixed-route and on-demand services, real-time passenger information at stops and stations, via the Internet or mobile phone, TSP (Traffic Signal Priority), APC (Automated Passenger Counting), an integrated suite of planning and optimizing tools and much more. Due to its modular design, all products can be used as a stand-alone system or be integrated, even with third-party systems.

end of announcement                               euro adhoc
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Further inquiry note:

Andrea Erndwein
Tel.: +49 (0)721 6100-241
E-Mail: aerndwein@init-ka.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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