NET DIGITAL AG has presented AI-supported control for smart traffic light
systems at the Smart City Expo World Congress - first practical tests scheduled

EQS-News: net digital AG / Key word(s): Miscellaneous/Miscellaneous
NET DIGITAL AG has presented AI-supported control for smart traffic light
systems at the Smart City Expo World Congress - first practical tests
scheduled

10.11.2023 / 09:20 CET/CEST
The issuer is solely responsible for the content of this announcement.

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NET DIGITAL AG has presented AI-supported control for smart traffic light
systems at the Smart City Expo World Congress - first practical tests
scheduled

Düsseldorf, 10 November 2023 - net digital AG (ISIN: DE000A2BPK34, ticker
symbol: VRL) presented its innovative control for traffic lights based on
artificial intelligence (AI) to a wide audience of experts for the first
time at the Smart City World in Barcelona. In addition, net digital will
soon begin a practical test of a traffic light system in southern Germany
following a successful learning phase for the artificial intelligence of the
control. This will mark important milestones on the product's way to market
maturity.

The AI control, which is being developed by net digital subsidiary irisnet,
will be able to adapt the green and red phases of pedestrian traffic lights
to the needs of different groups of people in a self-learning process. It
will, for example, recognise in real time whether a person is planning to
cross the road. In the case of elderly people, children or pedestrians with
limited mobility who want to cross the road, a correspondingly extended
green phase is to be initiated. The system is also designed to react
spontaneously to unexpected events when pedestrians cross the street,
thereby protecting road users. The innovative irisnet control is an
important component of the traffic light system, which was developed in a
joint project with the Institute of Road Engineering at RWTH Aachen
University and the BERNARD Group, which specialises in engineering services
and is funded by the German Federal Ministry of Economics and Climate
Protection. The intelligent, self-learning traffic lights are designed to
contribute to the smart city of the future by combining increased safety for
road users with improved traffic flow and reduced waiting times.

The Smart City Expo World Congress took place in Barcelona from 7 to 9
November 2023 and is the world's largest and most important trade fair for
urban digital innovations. In addition to companies, the tens of thousands
of trade visitors included numerous top decision-makers from cities and
municipalities.

Theodor Niehues, CEO of net digital AG: "We see the AI-based control for
intelligent traffic lights as an opportunity for net digital to enter the
billion-euro market for traffic sensor technology. The potential for our
Group is considerable. The very positive response at the Smart City Expo
World Congress confirms our confidence. Practical tests will begin in early
2024, and we want to use this as a basis to jointly develop a product that
will be successful on the international markets."

About net digital AG

net digital AG is a partner of many medium-sized and large companies from
the telecommunications, media and entertainment industries. It develops
global and individually adapted digital payment solutions with a focus on
digital content distribution via its own technology platform. The solutions
for the distribution of contents centre on the areas of entertainment, music
and videos. The around 250 international customers of net digital AG
include, for instance, large telecommunications and media groups as well as
various public transportation companies. Through its technology platform,
net digital AG reaches more than 100 million consumers. The shares of net
digital AG are traded on the Frankfurt Stock Exchange under the symbol "VRL"
(ISIN: DE000A2BPK34, WKN: A2BPK3).

Contact net digital AG

+49 (0) 211 97 53 55-0
ir@net-digital.com

Contact Business and Finance press for net digital AG

edicto GmbH
Ralf Droz / Axel Mühlhaus
+49 (0) 69 90 55 05-54
netdigital@edicto.de


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10.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        net digital AG
                   Niederkasseler Lohweg 175
                   40547 Munich
                   Germany
   Phone:          +49 89 3065 9216
   E-mail:         ir@net-digital.com
   Internet:       www.blackpearl.digital / www.net-digital.com
   ISIN:           DE000A2BPK34
   WKN:            A2BPK3
   Listed:         Regulated Unofficial Market in Dusseldorf
                   (Primärmarkt), Frankfurt
   EQS News ID:    1770427

End of News EQS News Service
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1770427 10.11.2023 CET/CEST