IVU Traffic Technologies AG — M&A Activity 2002

Jan 25, 2002

News Details

Ad-hoc | 25 January 2002 08:06

IVU Traffic Technologies english

DB Regio relies on MICROBUS system of IVU Traffic Technologies AG Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– DB Regio relies on MICROBUS system of IVU Traffic Technologies AG Berlin, January 25th, 2002: DB Regio has come to a decision: By the end of 2003, it will have installed MICROBUS in their 25 regional bus companies, with its combined fleet of 12,000 buses throughout Germany. The MICROBUS system, a product of the Berlin based software company, IVU Traffic Technologies AG, supports the scheduling and deployment of vehicles and personnel for transportation companies. Currently, it is being utilised by more than 150 customers throughout Europe. During 2001 alone, more than 20 large transportation companies decided to use this system. The contract, with a total volume of about 2.5 million Euro over a three year period, has now been signed. The decisive reasons for DB Regio to buy our system, was the modern system architecture of MICROBUS, its modular concept and the project competencies of the IVU team. IVU competed and won against strong national and international competition, and has now further strengthened the leadership position of MICROBUS in Europe. Point of Contact: IVU Traffic Technologies AG (WKN 744 850)+++Investor Relations: Nicola Gehrt, Tel.:+49.30.85906.272, Fax.:+49.30.85906.111, eMail:ir@ivu.de end of ad-hoc-announcement (c)DGAP 25.01.2002 ——————————————————————————– WKN: 744850; ISIN: DE0007448508; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 250806 Jän 02