init decides share buy-back

Karlsruhe, 2 March 2015.

The managing board of init innovation in traffic systems AG has decided in accordance with the resolution of the general meeting of 12 May 2010, topic 6 of the agenda to repurchase up to 10,000 own shares (pursuant to § 71 (1.8) AktG). The purchase price per share should not exceed EUR 23.50 (without additional charges). The repurchased shares are to be used for existing and future employee share schemes, incentive schemes for members of the managing board and managing directors, as acquisition currency and/or for cash to third party. It is planned to transact the share buy-back during the period from 2 March 2015 to 20 March 2015 on the stock exchange.