Frankfurt am Main - From 2 December 2005, the shares of NaturalNano Inc., a portfolio company of Nanostart AG, will be listed for trade under the ticker symbol OTCBB: NNAN at the OTC Bulletin Board, the over-the-counter market of the USA.
The company with its offices in Rochester, New York, is specialized in discovering, refining and commercializing natural nanomaterials – specifically nanotubes made of halloysite. NaturalNano has developed the classification and refining technology required for this and has already applied for a patent for this.
"This stock market listing will give NaturalNano the edge over a large number of far smaller, non-listed nanotechnology companies", claims NaturalNano CEO Michael Riedlinger. He expects the stock market listing to give the company a competitive advantage, with potential customers more likely to back financially strong partners. For many, this is the only way to ensure a long-term and stable business relation. Furthermore, the technology is to be more strongly commercialized in the USA and Europe.
"The stock market debut of NaturalNano in the USA underscores our international orientation and highlights the efficiency of our global network", explains Marco Beckmann, CEO of Nanostart AG. "Right from the start we positioned ourselves globally in the nanotechnology segment like no other VC company, and this is now proving worthwhile."
NaturalNano Inc. is one of currently eleven shareholdings in the Nanostart portfolio. NaturalNano is the second of Nanostart AG's portfolio companies to enter the stock market.
About NaturalNano Inc.:
NaturalNano Inc. has developed a refining and classification technology for discovering, isolating and classifying naturally occurring nanomaterials, such as nanotubes found in Halloysite clay. Their unique structure make Halloysite nanotubes suitable for storing and delivering various chemicals and materials in such a way that they can be used in a broad range of commercial applications. Examples of application areas are high-grade plastic and polymer products, cosmetics and other health care products, absorption materials and electronic components. NaturalNano has identified more than 200 applications. The company is also drawing on further income sources by granting licenses for its processes.
About Nanostart AG:
Nanostart AG is a listed nanotechnology investment company whose activities are divided into two areas: one of its focuses is investing in fast-growing nanotechnology companies; its other key area of activity is advising companies in the financial industry on investments in the nanotechnology sector.
Disclaimer:
This notification represents neither an offer to sell nor an invitation to submit an offer to buy or subscribe securities. The admission of the shares of Nanostart AG in the sub-segment of the Open Market of the Frankfurt Stock Exchange, the Entry Standard, does not constitute a public offer of securities. This notification does not represent a securities prospectus. This notification and the information contained therein is not intended to be passed on, whether directly or indirectly, to or within the United States of America, Canada, Australia or Japan.
