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EANS-News: init innovation in traffic systems AG
Bulletin acc. Art. 4 (4) of directive (EG) 2273/2003

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Buybacks


Karlsruhe (euro adhoc) - Share buy-back

Bulletin acc. Art. 4 (4) of directive (EG) 2273/2003


Karlsruhe, 24th October 2011. In the period between October 17th and October
21st 2011 init innovation in traffic systems AG bought back a total of 2,096
shares of init innovation in traffic systems AG (ISIN DE0005759807) at an
average price of EUR 16.4784 per share.

This ongoing acquisition is based on the Adhoc release as of September 19th
2011. The acquisition was carried out by the assigned bank, Commerzbank AG, on
the stock exchange (XETRA).
This information is also available at {www.initag.de}[HYPERLINK:
http://www.initag.de]  (Investor Relations /The INIT Share/Share buy-back).

init innovation in traffic systems AG
The managing board


Contact:
Alexander Güntert
init innovation in traffic systems AG
Kaeppelestraße 4-6
76131 Karlsruhe
Tel.: 0721/6100-316
Fax: 0721/6100-399
{ir@initag.de}[HYPERLINK: mailto:ir@initag.de]
Sebastian Brunner
communications+consulting
Tel.: 0175/5604673
{fsbrunner@aol.com}[HYPERLINK: mailto:fsbrunner@aol.com]


Further inquiry note:
Alexander Güntert
Tel.: +49 (0)721 6100-316
E-Mail:  ir@initag.de

end of announcement                               euro adhoc 
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company:     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: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, Hannover, München 
language:   English

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