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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
2023-11-10 / 09:20 CET/CEST
The issuer is solely responsible for the content of this announcement.
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


2023-11-10 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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Archive at www.eqs-news.com  
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 2023-11-10 CET/CEST

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END) Dow Jones Newswires

November 10, 2023 03:21 ET (08:21 GMT)