Berlin (ots Ad hoc-Service) -

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- Combined European sales force - 
   - Services provider FIT to market innovative logistics concepts -

Neuer Markt-listed IVU Traffic Technologies AG (WKN 744 850) and
FAUN Novatec GmbH announced the formation of a joint subsidiary, FIT
GmbH in Iserlohn, at the end of December. IVU, the e- logistics
expert, and FAUN, Europe's largest manufacturer of structures for
special-purpose trucks, are joining forces to sell innovative
IT-driven solutions for the waste disposal industry across Europe.
IVU's share of the order volume will amount to DM 1.8 million by the
end of 2001. Further sales from this new provider service are
expected from mid-year.

FIT GmbH will act as a services provider on the waste disposal
market, focusing on the sale and operation of comprehensive IT
systems via the Internet. Its activities will include the provision
of software components for handling day-to-day business and
optimizing vehicle fleet use, the supply of hardware (e.g. on-board
computers) as well as the creation of its own Web portal and IT
hosting, with vehicles and software forming an integrated system via
a Web portal. The combined industry expertise of IVU and FAUN will
enable the two companies to develop new market potential for hardware
and software in Europe. Products of the two companies that have
already been successfully launched on the market will be offered as a
total solution for waste management in the waste disposal industry,
and will be jointly developed further.

Contact:

IVU Traffic Technologies AG Investor Relations Mrs. Antje Krekeler
Tel.: +49(0)30-85906-272 Fax: +49(0)30-85906-111 Internet: www.ivu.de
e-mail: akj@ivu.de

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Original-Content von: IVU Traffic Technologies AG, übermittelt durch news aktuell