INIT expects major contract from Canada

Ad hoc release in compliance with § 15 WpHG

Karlsruhe, 6 September 2012.

The Board of the Public Transport Authority of STM in Montreal, Canada has awarded INIT Innovations en transport (Canada Est Inc.), a 100% subsidiary of init AG, with the contract for the I-BUS project. The I-BUS project comprises the delivery of a real-time information system for STM. The scope of delivery is still to be defined in detail. Upon successful closure of the contract, INIT estimates a Euro contract value in the middle two-digit millions.

Contact

Simone Fritz

Investor Relations
init SE
Germany
Tel.: +49-(0)721-6100-115
Fax.: +49-(0)721-6100-130

Email: ir_prefix@initse._suffixcom

 

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