Share Issue/Capital Change • Oct 11, 2010
Share Issue/Capital Change
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Ad-hoc | 11 October 2010 07:12
New Value: Silentsoft boosts its share capital and gets ready to market Green Building solutions
NEW VALUE AG / Key word(s): Miscellaneous
11.10.2010 07:12
The Cleantech company Silentsoft SA, Morges/Switzerland, a leading European
provider of telemetry based solutions for building energy optimization and
bulk inventory management, successfully increased its capital by CHF 4.85
million among existing and new shareholders by the end of September 2010.
The newly subscribed equity capital was contributed by CHF 2.5 million in
cash and by conversion of CHF 2.35 million existing loans. New Value has
increased its stake and participated with CHF 0.75 million cash as well as
CHF 0.81 million conversion. New Value now holds 27.5% of Silentsoft's
share capital. The new capital will ensure future growth by allocating more
resources for sales and marketing to bring the newly developed Green
Building solutions to the market quickly and for further development of the
product pipeline.
Beside New Value further existing and new shareholders participated in the
capital increase, among them Venture Incubator AG, Zug, and new shareholder
SVC - Ltd. for Risk Capital for SMEs (SVC Ltd.), Zürich. They participated
with CHF 1.75 million cash and CHF 1.54 million loan conversion. Silentsoft
is one of the first four investments of recently launched SVC Ltd., the
investment platform of Credit Suisse for Swiss SMEs and start-ups.
Extension of customer base and marketing of new Green Building applications
Silentsoft invests the new capital in the extension of its marketing and
distribution organisation and the extension of its offering in the Green
Building segment. Already in the past months Silentsoft made substantial
investments into its hard- and software applications and field technology
as well as in its internal organisation to ensure efficiency for the
further growth. Silentsoft's IT-platform and next generation telemetry unit
known as Snode are now enabling a much wider range of different
applications in the field of the fast growing M2M market. New applications
include recyclable waste, silos, and gas meters. Green building is another
promising market segment with a new comprehensive Silentsoft solution.
Energy optimization and real-time building monitoring are increasingly in
demand from property managers. Silentsoft expanded its M2M range of
products with the addition of remote-controlled water and gas measurement
systems with built-in alarms. Further a full energy optimisation solution
has been developed and piloted successfully. It is designed to deliver
substantial building energy cost savings before renovation. The heart of
this solution is EcoStar, the measurement of boiler temperatures which
detects over-heating at specific times and external temperatures permitting
precise building thermostat adjustments. It is complemented with heat
source monitoring and meter reading that permit a complete energy analysis
of the building with an SIA approved energy classification. Silentsoft has
become Europe's leading provider of wireless M2M network services for
building management and now offers additional solutions for waste
management and recycling. Silentsoft's proprietary technology features
processes and software that make it possible to operate large M2M remote
monitoring networks for measuring, automatically transmitting and analyzing
data from geographically distributed containers for liquids, powders or
waste products. Over 30'000 systems in 12 European countries provide
customers with the necessary real-time data for reducing their energy and
transportation costs and CO 2.
Information about New Value AG
New Value, listed at the SIX Swiss
Exchange, invests directly in promising private companies in Switzerland
and neighbouring 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. The portfolio contains companies active in cleantech and
healthcare. 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.
11.10.2010 News transmitted by EquityStory AG.
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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: [email protected]
Internet: www.newvalue.ch
ISIN: CH0010819867
Swiss Security Number: 552932
Listed: Freiverkehr in München, Düsseldorf, Berlin,
Stuttgart; Open Market in Frankfurt; Foreign
Exchange(s) SIX
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