EANS-News: init innovation in traffic systems AG / init raises dividend for sixth time in a row

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Annual & Special Corporate Meetings

Karlsruhe (euro adhoc) – * Annual shareholders‘ meeting decides to
distribute EUR 0.80 (2011: EUR 0.60) per share

* System house for transport telematics also again on course for
success in 2012

Karlsruhe, 18 May 2012. init innovation in traffic systems AG is
paying a higher dividend for the sixth time in a row: the annual
shareholders‘ meeting on 16 May 2012 decided to distribute EUR 0.80
per share from the record 2011 profit (2011: EUR 0.60). „We very
consciously want to set a positive sign for the future with our
dividend policy,“ Chairman of the Managing Board, Dr. Gottfried
Greschner, emphasised in front of some 250 init shareholders present.
init is again on course for success since the first quarter of 2012.

With revenues and profit growth that exceeded expectations, the start
to the new financial year 2012 has been successful. In the first
quarter, the internationally leading system house’s income rose over
40 per cent to a new record level of EUR 19.6m, profit after taxes
rose 20 per cent to EUR 1.8m. „Despite the unmistakeable general
economic risks, our company is thus holding fast to a sustainable
course of growth,“ Greschner reported. Demand continues to grow for
integrated init solutions

init benefits from the continued rise in demand for intelligent total
solutions to ensure mobility in conurbations and regions. Currently,
local transport systems are being built, expanded and modernised
worldwide. This is expressed in the rising number of international
tenders where init is in demand as a partner.

A major success factor for init is picking up on new trends in the
market and technology early on and integrating them into its systems.
We were again able to prove this before an international trade
audience at INTERTRAFFIC, the industry trade fair that took place at
the end of March in Amsterdam, Greschner reported. init presented an
innovative telematics solution there that unites all processes of
ticketing and fleet management as well as real-time passenger
information in a client-capable system. It is responding to current
requirements in local public transport of increasing service quality
through a better interlacing of offers and real-time information,
while at the same time lowering the investment and operating costs
for the transport operator.

In addition to our Intermodal Transport Control System MOBILE-ITCS,
innovations such as the PC-based ticket printer with on-board
computer function EVENDpc and the e-ticketing terminal PROXmobil also
received considerable attention in Amsterdam. Their use makes it
possible to accelerate boarding procedures, reduce waiting times and
improve punctuality, which considerably contributes to higher
customer satisfaction.

Growth potential through additional innovations

With technological innovations such as these, init intends to
continue its growth course into the coming years as well – for
instance with special software solutions, by means of which transport
operators can optimise the deployment of vehicles such that three to
five vehicles can be eliminated in a fleet of 100 vehicles. This has
met with great interest, particularly in Asia. Furthermore, init
recently introduced apps for passenger information for all smartphone
types and for real-time evaluation of statistical data for transport
operators. init is also very involved in the Europe-wide research
project „European Bus System of the Future“ (EBSF). „We are at the
forefront when it comes to turning the future of mobility into
reality. That will still provide a great deal of growth potential for
our company,“ the init Chairman of the Managing Board emphasised in
his outlook. „We are very confident of being able to grow beyond 2012
in terms of revenues and profit.“

Managing Board discharged for the fifth time in a row with 100 per
cent

On the part of the init shareholders there was again great praise for
the Managing Board, management and employees. This was shown once
again in the voting results of the annual shareholders‘ meeting. The
managing board of init was discharged already for the fifth time in a
row with 100 per cent of the votes. The Supervisory Board was also
able to enjoy a corresponding vote of confidence.

Further inquiry note:
Alexander Güntert
Tel.: +49 (0)721 6100-316
E-Mail: ir@initag.de

end of announcement euro adhoc
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company: init innovation in traffic systems AG
Käppelestraße 6
D-76131 Karlsruhe
phone: +49(0)721 6100-0
FAX: +49(0)721 6100-399
mail: info@initag.de
WWW: http://www.initag.de
sector: Semiconductors & active components
ISIN: DE0005759807
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English

Quelle: http://www.presseportal.de/pm/57190/2255220/eans-news-init-innovation-in-traffic-systems-ag-init-raises-dividend-for-sixth-time-in-a-row/api

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