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Nanogate AG's systematic corporate development, extensive industry portfolio and growth prospects convince the jury
Nanogate AG was named overall
winner of this year's STEP Award yesterday evening. The prestigious award
was made in recognition of the Saarbrücken-based nanotechnology company's
innovation and growth. The presentation ceremony was a gala event held on
the fiftieth floor of the Commerzbank Tower in Frankfurt. The award is
Nanogate AG made the running to win the overall award from among many
top-class international applicants. The STEP Award, made by the
F.A.Z.-Institut, Infraserv Höchst and many well-known sponsors, goes to SME
growth companies in innovative fields ranging from pharmaceuticals,
chemicals, life science, biotechnolgy, nanotechnology and materials
management to renewable energy. They must be committed to the 'spirit to
expand' and have great future potential. The award, which is worth
EUR100,000, is intended to give outstanding companies a major boost to help
them achieve further positive development. The EUR50,000 cash component will
influence the company's result positively in financial year 2007.
Nanogate AG, a listed company, convinced an independent jury of
representatives of business and scientific research with its innovative
products and high-growth development. In recent years Nanogate AG has
developed into a leading international enabler in the field of chemical
nanotechnology and remains on course for success. As a product enhancer and
partner in innovation Nanogate offers its customers numerous services along
the value chain: from development and production of innovative
nanocomposites and material systems to strong support for innovation and
The award was presented and speeches were made by Roland Mohr, general
manager of Infraserv Höchst, and Volker Sach, general manager of the
F.A.Z.-Institut. Nanogate CEO Ralf Zastrau accepted it. It consists of
EUR50,000 in cash and an extensive service package of equivalent value that
will support the company in its forthcoming growth phase.
'We are very proud to have won the overall STEP Award prize this year,'
Ralf Zastrau said. He was delighted that the jury had shown appreciation of
his company's profitable growth and sustainable development. 'In our work
we create on a daily basis product and application innovations that give
our customers a clear competitive edge,' he said. 'In recent years we have
made Nanogate a powerful market participant and are now extending our
international profile significantly. This award made in recognition of our
commitment is an extra motivation and we are delighted with this support in
implementing our company's next phase.'
About 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 57 employees in all (as of 1 July 2007)
and since commencing operations in 1999 has been a pioneer in
nanotechnology. Nanogate is a high-growth company and has operated
profitably since financial year 2004. In financial year 2006 it boosted
consolidated sales by about 64% to around EUR7.84 million.
Consolidated earnings before interest and taxes (EBIT) to IFRS increased by
about 220% to around EUR1.1 million in 2006. The company has first-class
customer references, such as ABB, BSH Bosch-Siemens Hausgeräte, Giesecke &
Devrient, Kärcher and Koenig & Bauer AG, and many years' experience of
different industries and applications. It has also entered into strategic
cooperation with US companies Dow Corning and Ceradyne/ESK Ceramics and
Authentix and with Giesecke & Devrient. The Group's consolidation entity
includes Nanogate Advanced Materials GmbH, which specialises in safety
engineering and optics and is a joint venture with the US Air Products
group. Nanogate also holds a stake in HOLMENKOL Sport-Technologies GmbH &
Initiated by Infraserv Höchst and the F.A.Z.-Institut's Innovationsprojekte
division, the annual STEP award is made to growth companies in innovative
fields ranging from pharmaceuticals, chemicals, life science, biotechnology
and materials management to renewable energy. It was awarded for the second
time this year. The EUR100,000 prize money is intended to give emerging
companies a major boost to help them achieve constant positive development.
In addition to the overall award, awards are made to companies in the
categories Market/Customer, Product, Processes and Finance.
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.'
For more information, please click here
Klaus Reuning (Business and trade press)
Public & Investor Relations GmbH
Tel. +49 (0)69 959 290-0
Christian Dose (Financial press)
equinet Communications AG
Tel.: +49 (0)69 5899-7302
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