init innovation in traffic systems AG

GE Transportation LLC names INIT as subcontractor for Golden Gate Bridge, Highway and Transportation District project

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Karlsruhe (euro adhoc) - Karlsruhe/Chesapeake, February 3, 2009. General Electric Transportation LLC has recently been awarded a contract to provide an Advanced Communication and Information System (ACIS) to the Golden Gate Bridge, Highway and Transportation District (District) in San Francisco, CA. INIT Innovations in Transportation Inc. in Chesapeake, Virginia, has been chosen as the subcontractor for the new Intermodal Transportation Control System (ITCS).

Pursuant to the contract, INIT will equip Golden Gate Transit buses and the Golden Gate Ferry fleet with a computer-aided dispatch/automatic vehicle location system. In addition, INIT will supply the on-board computers, mobile data terminals, passenger information displays, automatic passenger counting system, automated stop announcements, as well as a real-time passenger information system.

INIT´s on-board computer, COPILOTpc, is based on Windows® XP Embedded technology and will give the District cost-effective standard software with the advantage of future expandability. The mobile data terminal, TOUCHmon will provide drivers with a full 8.4", graphic-capable touch screen with built-in surface acoustic wave technology. Golden Gate Transit and Golden Gate Ferry passengers will also experience INIT´s real-time passenger information through improved signage, and further real-time data by cell phone and internet using the San Francisco Bay area "511" service. In addition, on-board, clearly audible next stop announcements and displays will help identify all stops for passengers.

INIT will interface the ITCS with a digital voice and data radio system to provide the customer with a fully integrated seamless solution. The multi-million dollar project is now underway and will take about two years for project buildout.

About the Golden Gate Bridge, Highway and Transportation District

The Golden Gate Bridge, Highway and Transportation District is a public agency based in San Francisco, California. It has three operating divisions: Golden Gate Bridge, Golden Gate Transit and Golden Gate Ferry. The District serves more than 45 million customers annually using tolls, transit fares, limited operating grants, as well as revenues from advertising, concessions and leases to fund its services.

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 transit agencies 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.

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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
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