ItN Nanovation successfully sets course in first half of the year

• New product line Nanocomp AQ due to see large-scale order • Product
line CFM-Systems meets with economic success • Orders from power
plant operators for Nanocomp PP • Total performance at EUR 3 million
in first half of the year • Pace of growth expected to pick up
substantially in second half of the year

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Saarbrücken (euro adhoc) - 31 August 2007. ItN Nanovation AG (ISIN
DE000A0JL461) laid the operational foundation for future growth in H1
2007. A new product line for use in fluid-carrying pipe systems was
launched in the form of the ceramic high-performance-coating Nanocomp
AQ, for which a first large-scale order of a milestone nature is
emerging very clearly.

Marketing for the ceramic flat filter membrane systems, CFM-Systems
began directly after obtaining the construction license at the end of
May. The success of this was seen in the fast-growing incoming orders
- a trend that also continued after the reporting date.

More major orders were acquired from power plant customers for the
Nanocomp PP product line and these have already begun to be
implemented. At the same time, negotiations for a general agreement
with a large energy corporation become more concrete following the
reporting date.

ItN Nanovation also made significant progress in product positioning
in the other product lines. Cancellation of the exclusivity agreement
for the household oven coating Nanocat with the major customer BSH
Bosch und Siemens Hausgeräte at ItN Nanovation's initiative enabled
the successful product to be marketed with other household appliance
manufacturers. However, despite a further improved composition from a
cost point of view, this led to a reduction in the sales price.

At EUR 3.0 million, total performance in H1 2007 was slightly down on
the previous year's figure of EUR 3.1 million. As a result of some
projects being postponed for several months, revenues fell from EUR
2.9 million to EUR 2.3 million. In line with this, however, ItN
Nanovation expects revenues to rise in the second half of the year.
The large-scale orders announced would also underpin the growth of
subsequent years for a long time. At EUR -3.2 million, EBIT in the
first half of the year were roughly within the Company's
expectations. In the previous year they totalled EUR -1.5 million.

ItN Nanovation anticipates that total performance will increase in
H2. However, the second half of the year is mainly set to be
dominated by the news that will make the long-term growth trend and
the foreseeable effectiveness of ItN Nanovation's business model more
visible still. The Company is set to break even in 2008 with the
result that a near profit will be possible on a full-year basis.

The Interim Report for H1 is now available to download at
www.itn-nanovation.com/reports.

end of announcement euro adhoc 31.08.2007 07:58:47
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ots Originaltext: ItN Nanovation AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Andreas Kuntz
Investor & Public Relations Manager
Tel.: +49 (0)681 5001 467
E-Mail: andreas.kuntz@itn-nanovation.com

Jochen Hög
Investor & Public Relations Manager
Tel.: +49 (0)681 5001 566
E-Mail: jochen.hoeg@itn-nanovation.com

Branche: Technology
ISIN: DE000A0JL461
WKN: A0JL46
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
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