Regulatory Filings • Dec 3, 2008
Regulatory Filings
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Corporate | 3 December 2008 06:54
New Value participates in Silentsoft’s growth financing with CHF 1 million
NEW VALUE 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.
Capital increase of New Value’s portfolio company Silentsoft SA, Morges
(CH)
New Value participates in Silentsoft’s growth financing with CHF 1 million
Silentsoft SA, Morges, a European leader in technologies and processes for
the operation of machine to machine (M2M) networks, closed a financing
round of CHF 2 million among existing shareholders by end of November. New
Value has invested CHF 1 million and now holds 23.3% of Silentsoft’s share
capital. The new capital will ensure future growth and the further
development of the product pipeline.
Silentsoft has become the European leader in the provision of machine to
machine (M2M) operator services to the building management and bulk product
sectors. The company acts as a service and system integrator and the core
business is the data management of remote devices installed in tanks and
other bulk containers. Sensors measure tank levels and transmit the
collected data periodically via the mobile network. After consolidating the
data, the clients can access, analyse and further process the information.
Clients improve logistics and avoid inefficient delivery scheduling with
significant saving costs. Avoiding unnecessary shipments has a positive
impact on environmental emission.
New Value has increased its investment of CHF 2.2 million by CHF 1 million
and now holds 23.3% of Silentsoft’s share capital. Venture Incubator AG,
Zug, and other existing shareholders have invested further CHF 1 million.
New money to increase customer base and to develop new applications
Silentsoft made important investments in 2008 on its back office and field
technology to ensure efficiency for the continuing growth from the current
26’000 to 100’000 installations. Silentsoft’s IT-platform and technology
have now the potential to handle many more new applications in the field of
the fast growing M2M market. This year, the company has started to expand
its activities around its core business with the third generation telemetry
unit known as SNODE enabling a wider range of applications. New
applications include recyclable waste, silos, water and gas meters,
Liquified Petroleum Gas (LPG) bottle racks, burner temperature, burner
alarms and digital signage. In September a first project with 322 telemetry
units, installed in recyclable waste containers, has been successfully
realised with the city of Geneva. This will open the waste market for
Silentsoft. In the water treatment segment, a first contract has been
signed with the Swiss firm Harba SA. In the business segment for LPG bottle
racks and flour silos, pilot tests are underway with existing client
Butagaz and a new client, Cargill, which should open new high volume
markets for Silentsoft. Furthermore, to meet the great demand of property
managers, Silentsoft initiated the development of a digital signage system
to inform tenants via LCD displays in the building’s lobbies.
Information about New Value AG
New Value, officially listed at the SIX Swiss Exchange, invests directly in
promising private companies in Switzerland and neighbouring German-speaking
countries with above-average market and growth potential. As an investment
company, New Value promotes innovative business models with venture capital
and accompanies those to market success. The portfolio covers companies of
different stages of development, starting with the market introduction
phase up to medium-sized enterprises with stable profits. A broad
investment approach is deliberately followed regarding industry sectors.
The portfolio contains companies active in renewable energy, medical
technology, health, information technology and new materials. New Value
assigns great value to ethical business concepts and good corporate
governance while selecting their portfolio companies. Criteria such as
meaningfulness, social responsibility and ecological sustainability are
considered by New Value as decisive competitive advantages, which affect
and enhance the quality of products and services offered and thus,
facilitate an above average increase of value potential. Since the
formation of New Value, EPS Value Plus AG, Zurich, has served as investment
manager.
03.12.2008 Financial News transmitted by DGAP
Language: English
Issuer: NEW VALUE AG
Bodmerstrasse 9
8027 Zürich
Schweiz
Phone: +41-43-344 38 38
Fax: +41-43-344 38 39
E-mail: [email protected]
Internet: www.newvalue.ch
ISIN: CH0010819867
WKN: 552932
Listed: Freiverkehr in Berlin, Stuttgart, München, Düsseldorf; Open
Market in Frankfurt; Foreign Exchange(s) SWX
End of News DGAP News-Service
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