init innovation in traffic systems SE

Board/Management Information • Mar 16, 2016

News Details

Corporate | 16 March 2016 18:46

init innovation in traffic systems AG: New Management Board member at init AG

DGAP-News: init innovation in traffic systems AG / Key word(s): Miscellaneous/Change of Personnel

2016-03-16 / 18:46

The issuer is solely responsible for the content of this announcement.

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The Supervisory Board of init innovation in traffic systems AG has after an internal restructuring unanimously appointed Dipl.-Ing. (FH) Matthias Kühn with effect of 1 st April 2016 as an additional member of the Management Board of init AG.

Matthias Kühn (43) will be responsible as COO for the segments ticketing, vehicle hardware and service.

After completing his degree in communications engineering at the University of Karlsruhe, Mr. Kühn joined INIT GmbH – a wholly owned subsidiary of init AG – as software developer in 2001 and became team leader of the division “Mobile Telematic and Electronic Fare Collection Systems” in 2006. In 2014, he was given power of attorney and assumed the management of the division “Mobile Telematic and Electronic Fare Collection Systems”. Mr. Kühn was appointed as managing director of INIT GmbH in 2015.

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2016-03-16 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	init innovation in traffic systems AG
	Käppelestraße 4-6
	76131 Karlsruhe
	Germany
Phone:	+49 (0)721 6100 0
Fax:	+49 (0)721 6100 399
E-mail:	ir@initag.de
Internet:	www.initag.de
ISIN:	DE0005759807
WKN:	575980
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart

End of News	DGAP News Service