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China TransInfo Technology Signs Taxi Media Placement Agreement in Dalian

January 2nd, 2009

PRNewswire-Asia-FirstCall: BEIJING, Jan. 2 /PRNewswire-Asia-FirstCall/ -- China TransInfo Technology Corp., (Nasdaq: CTFO), ("China TransInfo" or "the Company"), a leading provider of public transportation information systems technology and comprehensive solutions in the People's Republic of China ("PRC"), today announced that, through its majority owned subsidiary Dalian Dajian Zhitong Information Service Co., Ltd. (Dajian Zhitong), it has entered into a 5-year taxi advertisement placement agreement with Dalian Liyang Media Limited ("Dalian Liyang"). Dajian Zhitong will receive no less than RMB 18 million (approximately $2.63 million) per year based on the agreement. Dalian is a regional economic center in Northeast China with a population of over six million. "We are very pleased to finalize a long term cooperative relationship with Dalian Liyang. As we have just initiated our partnership with China Mobile to jointly install in-taxi LED GPS security surveillance devices in Dalian, this new agreement with Dalian Liyang will ensure our long term success and profitability in the city," said Mr. Shudong Xia, CEO of China TransInfo. "We look forward to increasing our brand recognition and more actively deploying our dynamic and innovative taxi media advertising platform in Dalian."

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€4m system will update bus arrival times

January 2nd, 2009

Independent IE: COMMUTERS left standing for ages in the cold will get relief with the roll-out in the New Year of a new system telling them when their bus will arrive. Bus Eireann is to unveil a real-time information system for every route it operates across the country, with commuters able to find out the bus time by text or online. Using a global positioning system, the transport company will be able to identify the location of all buses in the fleet at all times, and take into account traffic jams and roadworks. The Automatic Vehicle Location (AVL) system, which was tested during 2008, allows customers to access real-time arrival and departure information.

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