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
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