DGAP-Adhoc: ItN Nanovation AG bindingly receives two big orders from Saudi Arabia

ItN Nanovation AG / Key word(s): Incoming Orders

07.08.2013 15:24

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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ItN Nanovation AG bindingly receives two big orders from Saudi Arabia

- total volume above 4.5 Mio. Euro

- implementation of the projects planned within 2013

- replacement of conventional polymer filters in drinking water projects
of Buraydah City

- signal for further project successes in Saudi Arabia

Saarbrücken - August 07th, 2013. ItN Nanovation AG (ISIN DE000A0JL461) has
bindingly received via its local agent Juffali Chemical Products Co. two
big orders for ItN flat membrane filters (CFM Systems) for a total of more
than 4,5 Mio. Euro (converted).

The orders which are provided in written form are for the replacement of
the previously used polymer membranes of two notable international
companies by high-performance and efficient ItN filters in the deep ground
water projects Buraydah und Buraydah North. Here the ItN flat membranes
were extensively tested in the last years. The now completed orders
therefore can be seen as a signal.

Both orders are to be implemented still within 2013. For that purpose flat
membranes will be used which were already delivered and invoiced to Juffali
Chemical Products Co. for one third in the years of 2011 and 2012. The
remaining order volume is expected to be booked for the most part in the
current financial year and backed with payment receipts.

The CFM-equipped plants in Buraydah enable the daily filtration and
treatment of around 100,000 cubic meters drinking water. This corresponds -
in the high and above average consumption per capita in Saudi Arabia - to a
need of about 500,000 persons.

Some weeks ago ItN has already announced a conditional confirmation letter
of the local general contractor for the delivering volume of around 4.0
Mio. Euro (converted) for the Humaima project in Saudi Arabia. The
finalisation of this order is also expected to be implemented within a
short
period of time.

Contact:

ItN Nanovation AG
Untertürkheimer Str. 25
66117 Saarbrücken
Tel.: +49 (0) 681/5001-460
Fax: +49 (0) 681/5001-499
Email: ir@itn-nanovation.com
www.itn-nanovation.com

IR-Contakt:

edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Tel.: +49 (0) 69/905 505-52
Fax: +49 (0) 69/905 505-77
Email: amuehlhaus@edicto.de

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Language: English
Company: ItN Nanovation AG
Untertürkheimer Straße 25
66117 Saarbrücken
Germany
Phone: +49 (0) 681 / 50 01 - 460
Fax: +49 (0) 681 / 50 01 - 499
E-mail: ir@itn-nanovation.com
Internet: www.itn-nanovation.com
ISIN: DE000A0JL461
WKN: A0JL46
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, München

End of Announcement DGAP News-Service

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