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Nanogate AG (ISIN DE 000A0JKHC9) is expanding its network of partners. The nanotechnology company has entered into a strategic cooperation with Clariant, a leading company in the field of speciality chemicals.
The new cooperation focuses on developing and marketing new surface refinement materials. New products are due to be rolled out by the end of 2008 at the latest. The cooperation will encompass jointly developing and improving material systems as well as marketing the resulting products on an international scale.
Ralf Zastrau, Chairman of the Management Board of Nanogate AG, said: "The cooperation we have concluded with Clariant confirms our strategic alignment. Together, we will develop new products for high-volume applications with attractive margins."
About Nanogate AG
Nanogate is involved in the production, application and customer-specific optimisation of material systems and coatings based on organic-inorganic nanocomposites. The firm has particular expertise in the field of coating materials with set properties for all kinds of surfaces.
In the course of its research and development activities, Clariant has developed an all-new material platform. Clariant holds all the proprietary rights and patents pending for this material and all potential products which could be realised using it.
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Christian Dose (Financial information)
equinet Communications AG
Tel.: +49/(0)69/58 997 313
Christian Daumann (Trade press)
MPW Finance Public & Investor Relations GmbH
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