New York / Frankfurt, July 26, 2007 - API Nanotronics Corp. announced on Monday the acquisition of all of the assets of NanoOpto Corp., a U.S. investment holding of Nanostart AG. The transaction includes all intellectual property rights of NanoOpto with respect to the design and high-volume production of nano-optical devices for optical components, as well as state-of-the-art equipment in the ISO 9001:2000-certified nanoproduction facility in Somerset, New Jersey.
"We regret that the entire assets of NanoOpto are already being acquired by API Nanotronics in this early phase of the company’s life. In our estimation, the company’s technological leadership would have also provided it with great potential for commercial success on a stand-alone basis. However, as Nanostart is only a co-investor with a modest investment holding, we were not in a position to alter this decision," explained Andreas Kröll, portfolio manager at Nanostart AG.
The complete press release of API Nanotronics Corp. may be viewed under the following link: http://www.apinanotronics.com/news/release_de.asp?numb=205About Nanostart:
Nanostart AG is Europe’s leading nanotechnology investment company, with headquarters in Frankfurt, Germany. The company is organized into two divisions: the Portfolio Division, which manages its own investment holdings; and the Financial Services Division, which advises financial service providers on investing in the nanotechnology sector.
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 the United States of America, Canada, Australia or Japan.
Media contact:
Nanostart AG
Public Relations
Dr. Hans Joachim Dürr
Goethestrasse 26-28
60313 Frankfurt
Germany
phone: +49 (0)69-21 93 96 111
fax: +49 (0)69-21 93 96 122
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