• Fresh money to strengthen working capital for large orders
• Issue price close to current share price
• Cash flows around EUR 1.3 million gross

Saarbrucken / Frankfurt – April 22, 2010 – Nanostart-holding ItN Nanovation AG (ISIN DE000A0JL461) with the approval of its executive and supervisory board increased cash from the approved capital under the procedure to exclude subscription rights for existing investors. A total of 201,039 shares were placed by the securities trading bank Wolfgang Steubing AG among prominent institutional investors at an issue price equal to the current share price.

This raised the company’s capital to EUR 8,389,657 divided among an equal number of shares. The gross cash flow for ItN Nanovation came out at around EUR 1.3 million. It will be used to strengthen working capital to handle upcoming large orders, especially in the area of CFM systems. CFM systems is the only ceramic flat membrane system in the world for biological waste water purification and physical water treatment.

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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