Brief: init innovation in traffic systems unit wins contract in North America

Init Innovation In Traffic Systems SE

10/03/2016 13:38

March 10 (Reuters) - init innovation in traffic systems AG  IXXG.DE : 
    * INIT Innovations in Transportation, Inc., 100 pct subsidiary of init innovation in traffic 
systems AG, wins major contract in North America 
    * Project starts immediately with a kickoff meeting and will continue through 2018 - US 
dollar value of contract is more than $10 million 
    * Project for region-wide electronic ticketing and fare management system in Tampa, 
Florida 
 
Source text for Eikon:  ID:nEQ1TZ6t8a  
Further company coverage:  IXXG.DE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))