Frankfurt / Saarbrücken – July 9, 2009 – ItN Nanovation AG (ISIN DE000A0JL461), a portfolio company of Nanostart AG, has announced the successful completion of its cash capital increase. A total of 1,477,931 bearer shares were placed, as planned, at a price of EUR 1.00.

The new shares were placed in their entirety with existing shareholders through exercise of subscription rights, including an additional allotment of shares. Beyond this amount, additional demand exceeded the total number of shares actually placed by some 50%. The gross proceeds to the company were approx. EUR 1.48 million. The new funds will serve to improve the liquidity position of the company and should contribute toward financing the company through its expected break-even point. The new shares are expected to be released for exchange trading under the above ISIN starting July 17, 2009. With the successful completion of this capital increase, the registered capital of the company will increase to EUR 7,389,657.

Please direct inquiries to:
ItN Nanovation AG, Untertürkheimer Strasse 25, 66117 Saarbrücken, Germany,
phone.: +49 (0) 681/50 01-460, fax: +49 (0) 681/50 01-499,
e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Investor relations contact:
Mr. Axel Mühlhaus, edicto GmbH, Zeisselstr. 19, 60318 Frankfurt, Germany,
phone.: 069-90 55 05-52, fax: 069-90 55 05-77,
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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 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.

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
D-60313 Frankfurt
Germany
phone: +49 (0)69-21 93 96 111
fax: +49 (0)69-21 93 96 122
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