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Nanostart AGNanostart AG


Nanostart AG Publishes Figures for 2010 Fiscal Year

 Transparency report in accordance with §17 Section 2 of the general terms and conditions for open markets

Frankfurt am Main – May 31, 2011 – For the 2010 fiscal year, Frankfurt-based nanotechnology investment company Nanostart AG reports the biggest profit in its company history. Net income under German GAAP totaled €2.48 million, up 106 percent on the previous year (2009: €1.2 million). This means another successful year for Nanostart, which has been profitable from the beginning of operations.

Net income stemmed chiefly from the successful sale of shares in holdings, which raised around €4.4 million. In contrast to the previous year, costs were reduced, particularly for wages and salaries (2010: €-0.5 million, 2009: €-1 million). As a result of sound performance levels in the portfolio, the “write-downs on financial investments” item was halved from €-1.4 million in 2009 to €-0.7 million in 2010.

The shares of Nanostart Singapore Early Stage Venture Fund I in the Curiox Biosystems holding were sold in 2010. The transaction proceeds were plowed back into the fund and will be invested in new nanotechnology holdings in Singapore. Nanostart saw two further exits from its portfolio in 2010 with the sale of its shares in the two US holdings NanoGram and BioMicro Systems. The BioMicro transaction will be completed this year, generating further cash inflows for Nanostart in 2011.

Via Nanostart Singapore Early Stage Venture Fund I, a new equity investment was entered into at Singaporean company Microlight Sensors Pte Ltd in 2010. Founded in 2006, the company develops, produces and sells optical high-tech monitoring systems with extremely sensitive sensors. The fund holds around 19 percent of Microlight Sensors. In addition, Nanostart AG increased its stake in German Namos GmbH from 15 to 26 percent and the shareholding of the Singapore fund in Singaporean medical technology company BioMers Pte Ltd from 16 to around 25 percent.

The annual financial statements for 2010 will be available on the Investor Relations section of the Nanostart website under “Company Reports” from June 1, 2011. The 2010 annual report will be published on the company’s website in the next few weeks.

About Nanostart:
Nanostart AG (OTCQX: NASRY), 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, please visit www.nanostart.de.

Disclaimer:
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 Canada, Australia or Japan.

Media contact:
Nanostart AG
Head of Corporate Communications

Dr. Hans Joachim Dürr
Goethestrasse 26-28
D-60313 Frankfurt
Germany
phone: +49 (0)69-21 93 96 111         
fax: +49 (0)69-21 93 96 150
e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it


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