Frankfurt, December 3, 2007 – Nanostart AG has taken a 50-percent stake in HOLMENKOL, a supplier of nanotechnology-based sports products. The renowned German company, with worldwide headquarters in Heimerdingen near Stuttgart, has managed to build on its rich tradition as the oldest brand of ski wax to become a driver of nanotechnological innovation in the sporting goods industry.

HOLMENKOL is successfully pursuing an aggressive growth strategy, particularly through the production of sophisticated nanotech-based coatings which intelligently organize themselves into very thin films which function in entirely new ways.

For the Frankfurt-based nanotechnology investment company Nanostart AG, the investment in HOLMENKOL marks the addition to its existing portfolio of a technologically leading company with an extremely promising business outlook. Its patented nanotechnologies enable HOLMENKOL to market highly innovative product applications for a wide range of sports, such as winter sports, aquatic sports, cycling and outdoor activities. In addition to nanotechnologically optimized ski wax, these include glide sealants, waterproofing products, specialized detergents, polishes and other sports coatings. Among the customers of HOLMENKOL are numerous world champions and Olympic medalists, national teams across all types of sports, and other ambitious athletes.

The arrangement with Saarbrücken-based nanotechnology company Nanogate AG, which will hold the other 50 percent of HOLMENKOL as its industrial technology partner, should drive the continued growth of the innovative sports supplier. The transaction is subject to approval by a government-supported capital provider.

“With HOLMENKOL, we have expanded our investment portfolio to include one of the world’s most innovative sports companies, with outstanding future prospects,” said Marco Beckmann, CEO of Nanostart AG. “Thanks to Nanogate and its expertise in programming materials, we have a strategic partner for HOLMENKOL who can ensure the company’s long-term technological superiority in the sports and outdoor sector.”

In its Top Ten Nanotech Products of 2003, Forbes magazine chose the Nanowax product family from HOLMENKOL as the #1 product of the year. In the following year, HOLMENKOL was named as one of the 100 most innovative small- to medium-sized companies in Germany. Through its investment in HOLMENKOL,  Nanostart sees itself as superbly positioned to profit from the innovative power of nanotechnology in the world of sports.

About Nanostart:
Nanostart AG is the world’s leading nanotechnology investment company. The Frankfurt-based company provides venture capital financing for nanotechnology companies in various growth phases. It also provides the benefits of its experience and expertise to developers of financial instruments and to investors in the nanotechnology sector. For further information about the company, please visit www.nanostart.de

About HOLMENKOL:
HOLMENKOL, the oldest manufacturer of ski wax with a legacy going back over 80 years, is a sports technology leader which supplies virtually all national teams worldwide. Countless athletes, world champions and ambitious athletes rely on the company’s technologies and products. Since Nanogate’s equity investment, Holmenkol has been pursuing an international growth strategy beyond the winter sports sector, providing product applications for numerous other sports, such as sailing, cycling and golf. The company’s target market includes professionals and performance athletes as well as leisure sports enthusiasts. For further information about the company, please visit www.holmenkol.com.

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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