Talenthouse AG

Quarterly Report • Jan 26, 2010

News Details

Ad-hoc | 26 January 2010 06:59

Information on the 3rd Quarter per 31/12/2009: New opportunities for growth – stable NAV

NEW VALUE AG / Miscellaneous

26.01.2010

Dissemination of a Adhoc News, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Information on the 3rd Quarter of the 2009 fiscal year
(as of December 31, 2009)

New opportunities for growth - stable NAV

In the third quarter of the 2009/2010 fiscal year (as of December 31,
2009), the focus of the companies in the New Value portfolio was on
consistent orientation toward new growth opportunities. Some companies
reached groundbreaking milestones, while others expanded their products and
services offered and optimized their sales organization. Leading the group,
3S Industries AG announced its merger with Meyer Burger Technology AG.
The intrinsic value (NAV) of the investment portfolio of New Value, which
is focused on young Swiss growth companies, closed slightly below that of
the prior quarter. To begin with, the continued rise of the price of 3S
shares compensated for the valuation adjustment in Bogar AG made due to the
weaker than expected business development. Overall, per share NAV fell
slightly from CHF 24.28 to CHR 23.75.

Between October and December 2009, New Value invested in four growth
financing initiatives for existing portfolio companies, thus strengthening
their development prospects. At FotoDesk AG, New Value increased its
convertible loan by CHF 250,000 to a total of CHF 1.3 million. Idiag AG
received the last installment of CHF 155,000 of the convertible loan of a
total of CHF 518,000. At Natiol AG, New Value participated with CHF 82,500
along with fellow investors and the management in a loan in the amount of
CHF 206,500. Finally, QualiLife SA used a loan in the amount of CHF 500,000
to finance working capital and further development of the enterprise.

Unique technology group in the solar industry
With the merger of New Value portfolio company 3S Industries and Meyer
Burger Technology, the solar industry's first globally active technology
group was born, covering the most important technology phases along the
photovoltaic value chain, from solar silicon to complete solar
installations. The two companies ideally complement each other with respect
to technology portfolio and sales channels. The merger makes it possible to
further reduce costs across the entire manufacturing chain significantly
with the goal of achieving sought after grid parity for solar power even
more quickly. Rolf Wägli, president of New Value's Board of Directors, will
continue to guide the combined company as executive director. The market
celebrated the merger with a price increase of around 20%. In December
2009, 3S Industries also delivered a turnkey 25-MW module line to Turkey,
where the market for renewable energies is developing dynamically, opening
up major opportunities for growth.

Adaptations to the changed market environment
With the goal of using the anticipated upswing of the economy, Bogar, which
specializes in animal health and nutrition, streamlined its organization
and is optimizing its distribution channels in Germany. This is supposed to
make up for the drop in sales volume in individual product groups.
FotoDesk, the innovative supplier of online photo services, opened a
gallery in Basel on October 1, 2009, in which prominent exhibits of
photographic artists will be presented alongside the high-quality products
on offer. This has had a particularly positive impact on sales of
high-priced prints. Mycosym International AG, which works in the area of
plant technology, made its entry in southern Spain in the vegetable
gardening market segment, while the diagnostic company Swiss Medical
Solution AG opened the Italian market with its new marketing partner Sofar
S.p.A.

Successful base in the promising cleantech market environment
Finally, Silentsoft SA strengthened its position in the market segment
green building. After successful completion of new test installations for
building energy optimization for three pilot customers during the reporting
period, investment decisions for several hundred buildings per customer are
expected soon. In addition, the up-and-coming cleantech company succeeded
in establishing new cooperative relationships, among others in the area of
monitoring the CAN-Bus -- the electrical interface for the diagnosis of
vehicles. A monitoring system under joint development will make it
possible, through a central system, to display on a screen the current fuel
consumption and CO2 emissions for fleets of trucks in real time.

Additional information on New Value
New Value is the pioneer for sustained direct investments in young Swiss
growth companies. New Value, listed on the SIX Swiss Exchange, invests
directly in private, up-and-coming companies with above-average market and
growth potential in Switzerland and neighboring countries. As an investment
company, New Value supports innovative business models with venture capital
and accompanies them all the way to market success. Its portfolio comprises
companies of various degrees of maturity, from the market introduction
phase to their establishment as middle sized operations with stable
profits. Companies from the areas of renewable energy, medical technology,
health, information technology and new materials are represented in its
portfolio. New Value is committed to sustainability and places great
emphasis in the selection of its portfolio companies on ethical enterprise
concepts and good corporate governance. Since the founding of New Value,
EPS Value Plus AG, Zurich, has served as investment manager.

Kontakt:
Marcel Rogenmoser

26.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: NEW VALUE AG
Bodmerstrasse 9
8027 Zürich
Schweiz
Phone: +41-43-344 38 38
Fax: +41-43-344 38 39
E-mail: info@newvalue.ch
Internet: www.newvalue.ch
ISIN: CH0010819867
WKN: 552932
Listed: Freiverkehr in Berlin, München, Düsseldorf, Stuttgart; Open
Market in Frankfurt; Foreign Exchange(s) SWX

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