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Coreo AG Regulatory Filings 2008

Apr 22, 2008

5376_rns_2008-04-22_2c94208b-4b71-4685-ad52-daebac9d4f17.html

Regulatory Filings

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News Details

Corporate | 22 April 2008 08:00

Nanostart AG: Further Growth with Asian Subsidiary

Nanostart AG / Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


  • Nanostart Asia Pte. Ltd. established in Singapore
  • Nanostart AG driving forward with global expansion
  • Subsidiary will ensure continued leadership in Asian market

Frankfurt / Singapore – April 22, 2008 – Frankfurt-based Nanostart AG, the
world’s leading venture capital provider in the area of nanotechnology, has
announced the establishment of a 100%-owned subsidiary in Singapore,
Nanostart Asia Pte. Ltd. The office, with its own stand-alone investment
team, will manage Nanostart’s investment holdings in Asia and pursue new
investment opportunities. Following the recent opening of a branch office
in Berlin, the founding of this new Asian subsidiary marks a decisive step
in the global expansion strategy of Nanostart AG.

Nanotechnology is playing an ever greater role in the rapidly growing
markets of Asia. Singapore in particular has developed a world-class
nanotechnology industry, due largely to the foresight and active support of
its government. With the founding of a local subsidiary, Nanostart will
have a 'first mover' advantage and be able to profit from the dynamic
growth of Singapore and Asia.

'Given the rapid market growth and our close relations with public
organizations and institutions, I expect our business in Asia to grow
overproportionally,' said Marco Beckmann, CEO of Nanostart AG. 'The
technology base is fantastic. Within a few years, our Asian subsidiary
could far surpass our current success in Europe.'

With its many activities in the region, Nanostart is already a leading
figure in Singapore’s nanotechnology scene. In December 2007, the company
made its first direct investment in Singapore with CurioX, a spin-off of
the world-renowned Institute of Bioengineering and Nanotechnology (IBN),
part of the Agency for Science, Technology and Research (A*STAR). In late
May 2008, the first annual NanoEquity Asia conference will be held in
Singapore. This important industry event organized by Nanostart will focus
on financing and networking for Asian nanotechnology companies
(www.nanoequity.asia).

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.

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
e-mail: [email protected]

22.04.2008 Financial News transmitted by DGAP