Berlin, 27.10.2016

Ad hoc | Changes in the Management Board

Dr Helmut Bergstein has reached an agreement with the Supervisory Board of IVU Traffic Technologies AG to terminate his collaboration with the company as of the end of 2016. This decision was taken due to different ideas regarding IVU’s future direction. Dr Bergstein will resign from his position on the Management Board as at 31 October 2016 already. The Supervisory Board and the company would like to thank Dr Bergstein for his successful work as a Management Board member for the company.

At the same time, the Supervisory Board of IVU Traffic Technologies AG appointed Mr Matthias Rust as a new Management Board member starting from 1 November 2016. He will manage the technical and operational department as COO. Matthias Rust (48) has already been a member of the management since 2005. The IT specialist, who has many years of experience with IT systems for public transport, first took on management responsibilities at IVU back in 1998.

He will manage IVU together with the Chairman of the Management Board, Martin Müller-Elschner (48), who will additionally take on the finance department starting from 1 November 2016.

Contact:
Annette Weisser
Investor Relations
IVU Traffic Technologies AG
Bundesallee 88, 12161 Berlin
Tel. +49.30.85906-0
irivude
www.ivu.com

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