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Nanogate AG, ISIN DE 000A0JKHC9, is focusing on its next growth phase. With the NEXT strategy programme it aims to establish new high-volume, high-margin applications and market them successfully, as well as developing additional technology platforms.
The NEXT programme aims at systematic further development and concentrates on attractive, high-growth industries and segments. Since April 2007, Nanogate's market alignment has been refocused on the growth areas Buildings/Interiors, Automotive/Mechanical Engineering and Sport/Leisure. In the course of the year Nanogate AG will also build up an operational Functional Textiles segment. In addition, Nanogate Advanced Materials GmbH concentrates on the optics and safety engineering segments.
Based on technology platforms, development and marketing of existing and new applications go ahead independently, combined with an appropriate responsibility for market success. To strengthen technology competence systematically, a separate road map is drawn up for each growth area. In this way the company aims to develop and offer a wider range of technology platforms.
'Nanogate,' said CEO Ralf Zastrau, 'has demonstrated as a leading international enabler that we are growing strongly and profitably. We would now like to lead Nanogate into the next corporate phase. Our aim is both to enlarge the customer base by means of existing applications and to market successfully new next-generation technologies. In that way we plan to address market segments and applications with a much higher sales potential than previously.'
As part of the strategy programme Nanogate also plans to further improve internal processes, such as customer relationship management, and to set up international financial accounting. Moreover, further commitments are to be intensified. 'Nanogate is already perceived to be a model company in its business activities. We take our responsibility for environmental and quality management tasks and for corporate social responsibility seriously and will be extending our activities,' Zastrau said. In the course of NEXT implementation the company's management has already been enlarged, with a new Finance Director appointed as of 1 April 2007 and a new segment manager for Building/Interiors having been recruited.
About Nanogate AG
Nanogate AG: Nanogate is a leading international enabler in the nanotechnology growth market and so opens the gate to nanotechnology for its customers. The Saarbrücken-based firm enables the programming and integration of additional properties such as non-stick, anti-bacterial, anti-corrosive, ultra-low friction. Nanogate thereby gains a competitive edge for its customers by product refinement using chemical nanotechnology. Nanogate covers a wide range of industries, functions and substrates already on the basis of technology platforms. The company thus provides a decisive interface for the commercialisation of chemical nanotechnology, bridges the gap between raw materials and their industrial conversion into products and concentrates as an enabler on one of the most attractive segments in the industry. As a partner in innovation, Nanogate provides many services along the value chain - from development and production of innovative nanocomposites and nanostructured materials to powerful support for innovation and product integration. The Nanogate Group currently has 53 employees in all (as of 1 March 2007), and since commencing operations in 1999 has been a pioneer in nanotechnology. In financial year 2006 it boosted consolidated sales by about 64% to an interim figure of around EUR7.83 million. Adjusted for special factors, consolidated earnings before interest and taxes (EBIT) were up by about 168% to around EUR1.02 million. The company has first-class customer references, such as ABB, Bosch-Siemens Haushaltsgeräte, Giesecke & Devrient, Kärcher and Koenig & Bauer, and many years' experience of different industries and applications. It has also entered into strategic cooperation with Dow Corning, Ceradyne/ESK Ceramics, Authentix and Giesecke & Devrient. Nanogate is a high-growth company and has been profitable since financial year 2004. The Group's consolidation entity includes Nanogate Advanced Materials GmbH, which specialises in safety engineering and optics and is a joint venture with Air Products. Nanogate also holds a stake in HOLMENKOL Sport-Technologies GmbH & Co. KG. Disclaimer: This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate AG (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public outside Germany.
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Christian Dose (Financial Press)
equinet Communications AG
Tel.: +49 (0)69 5899 7313
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