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init innovation in traffic systems AG

euro adhoc: init innovation in traffic systems AG
other
init wins first contract in Denmark

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
21.07.2005
init innovation in traffic systems AG has won its first contract in
Denmark. Accordingly, the Karlsruhe-based specialist in telematics
and electronic fare management systems will provide DSB S-tog A/S
with an integrated on-board information system and other hardware and
software components by mid-2007. DSB S-tog is part of the DSB Group
(Danish national railway), the biggest transportation company in
Denmark, and operates the S-train network which forms the core of the
public transport system in the Greater Copenhagen Area with its
population of around 1.3 million. Initially, around 135 track
vehicles used for local public transportation in the Greater
Copenhagen Area will be equipped with this technology, which will
provide passengers with a greater level of service, while also
improving the control of the traffic flow. After Stockholm and Oslo,
Copenhagen is already the third Scandinavian city using init
telematics systems. init hopes this will have an important signal
effect on other Scandinavian transportation companies.
end of announcement                               euro adhoc 21.07.2005 14:43:35

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
Börsen: Frankfurter Wertpapierbörse
Berliner Wertpapierbörse
Hamburger Wertpapierbörse
Baden-Württembergische Wertpapierbörse
Börse Düsseldorf
Niedersächsische Börse zu Hannover
Bayerische Börse
Bremer Wertpapierbörse (BWB)

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