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The European Patent Office (EPO) has issued the patent EP1636135 for "misch metal oxides and their utilization in CO2 sensors" to the Nanostart company ItN Nanovation AG (ISIN DE000A0JL461). ItN Nanovation considers this patent to be a crucial step forward in the development of semiconductive, nanotechnological CO2 sensors for the commercial market.
The global market for chemical gas sensors alone will grow to over 17 billion US dollars by the year 2015. A substantial share of this market will be devoted to sensors for measuring CO2 (carbon dioxide).
CO2 detection is important for numerous industrial processes - including monitoring of combustion processes during energy production and locomotion; control of ventilation and climate control equipment; as well as monitoring biological processes, such as fermentation, digestion, exhalation, and fouling. Measurement of CO2 concentrations is playing an increasingly important role in overall in environmental and emissions protection.
It has long been anticipated that semiconductive, nanotechnological sensors will be appreciably superior to CO2 measurement methods based on optical or electrochemical technology in terms of efficiency and performance.
In response, ItN Nanovation has conducted intensive research over the past few years in the field of CO2 sensor technology with a concentration on materials development. The patent consists of an internally developed, nanostructured material and the CO2-sensitive sensor coatings it is used to produce.
In the coming years, ItN Nanovation plans to work together with industry partners to develop these sensors for the market and is now taking part in initial discussions.
This notice constitutes neither an offer to sell nor a solicitation of offers to purchase or subscribe to securities. There will be no public offering of securities of Nanostart AG in conjunction with the existing listing of its shares in the "Entry Standard" segment of the regulated unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This notice does not constitute a securities prospectus. Neither this notice nor the information contained within is intended for direct or indirect distribution within the United States of America, Canada, Australia, or Japan.
About Nanostart AG
Nanostart AG, headquartered in the German financial capital of Frankfurt, is the world’s leading nanotechnology investment company, with portfolio companies spanning the globe from Silicon Valley to Singapore. The company provides venture capital financing for nanotechnology companies in various growth phases with a focus on innovation-driven industries of the future such as cleantech, life sciences, and IT/electronics. Through its subsidiary and venture capital fund in Singapore, Nanostart is proud to be the investment partner of the Singaporean government. For further information about the company, please visit www.nanostart.de.
About ItN Nanovation
ItN Nanovation AG, founded in 2000, is one of the leading nanotechnology companies in the world, developing innovative ceramic products, such as filtration systems and coatings, for large industrial customers. The nanoscale powder needed for those products is manufactured by the company itself. The filtration products from ItN Nanovation can be used for drinking water purification, waste water treatment, as beverage filters and for the separation of oil and water. Ceramic coatings based on nanotechnology are used in a variety of ways as protective and catalytic coatings in various industries: from baking ovens to aluminum foundries to coal-fired power plants. The company's success is founded on an extensive product portfolio, combined with comprehensive development and application know-how. For further information about the company, please visit www.itn-nanovation.de.
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Dr. Hans Joachim Dürr
60313 Frankfurt am Main, Germany
Tel: +49 69-21 93 96 111
Fax: +49 69-21 93 96 122
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