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init innovation in traffic systems AG

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

Karlsruhe (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
technology
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.
end of announcement                               euro adhoc

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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