NANOGATE AG / Key word(s): Miscellaneous 30.03.2015 11:16 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Nanogate expands business in China with additional large order for glazing components New order has a volume in the significant double-digit million range and will run for several years - Supply of multifunctional plastic components with glass-like properties for a leading car manufacturer - Glazing capacities increased - Option to set up production in China Göttelborn, Germany, 30 March 2015. Nanogate AG, a leading international integrated systems provider for high-performance surfaces, is benefiting from its internationalisation strategy. The Group is expanding its business in China with a new million-euro project for a leading German car manufacturer. Nanogate has thereby added a further order to its existing contract, which will be processed in partnership with an international automotive supplier. The new order, which will run for several years, has a total volume in the significant double-digit million range and will increase the business that has been in place since 2014. The company has also been given the option of setting up production in China in the medium term with the corresponding support of local partners. Ralf Zastrau, CEO of Nanogate AG, commented: "Greater internationalisation and the establishment of locations outside Europe are key growth drivers of our Phase5 strategy programme which was launched in 2014. The new, additional million-euro project for multifunctional plastic components with glass-like properties will take us considerably closer to our medium-term target of exceeding sales of EUR 100 million and increasing the profitability of the Group. The great dedication of the Nanogate team in China is therefore paying off more quickly than expected. The long-term partnership with the automotive supplier and the car manufacturer has also been confirmed by what is already a fixed option to obtain support in the medium term for the possible establishment of our own Nanogate production in China. Glazing components as part of our strategic growth area of advanced polymers continue to be in strong demand in the automotive sector as well as among manufacturers of household appliances and interiors due to their design and weight benefits." As part of its business in China, Nanogate has been supplying glazing components since 2014 to a leading automobile group that has been present in China with its own production facilities for many years. Production capacities at the existing glazing centre of excellence in Bad Salzuflen will be increased once again for the new project, after volumes already more than doubled in 2014. The investment amount for the additional production and coating facilities runs to the mid single-digit million range. Delivery of the plastic components from the new order is expected to start in 2016. Nanogate on Twitter: http://twitter.com/nanogate_ag If you have any queries, please contact: Christian Dose (financial press and investors) Cortent Kommunikation AG Tel. +49 (0)69 5770 300 0 nanogate@cortent.de Liane Stieler-Joachim Nanogate AG Tel. +49 (0)6825 9591 220 liane.stieler-joachim@nanogate.com Nanogate AG Zum Schacht 3 66287 Göttelborn, Germany www.nanogate.com Nanogate AG: Nanogate (ISIN DE000A0JKHC9/ISIN DE000A14KNC4) is a leading international integrated systems provider for high-performance surfaces. The Group, which is based in Göttelborn (Saarland), enables the programming and integration of additional properties - such as non-stick, scratchproof and anti-corrosive - into materials and surfaces. True to its slogan 'A world of new surfaces', Nanogate opens up the diverse possibilities of multifunctional surfaces based on new materials for companies in a wide range of industries. Nanogate provides its customers with technologically and optically high-quality systems. To do so, the company uses its extensive knowledge of innovative materials, including existing expertise in nanomaterials, nanosurfaces and nanostructures. The aim is to improve customers' products and processes by means of high-performance surfaces while achieving environmental benefits. The Group concentrates on the four sectors automotive/transport, mechanical/plant engineering, buildings/interiors and sport/leisure as well as on the strategic growth areas of advanced polymers and advanced metals. Nanogate has a unique combination of extensive materials expertise paired with comprehensive, first-class process and production know-how. As a systems provider, Nanogate offers services throughout the entire value chain, from the purchase of raw materials, to the synthesis and formulation of the material systems, right through to the enhancement and production of the finished surfaces. The Group focuses primarily on optically high-quality plastic and metal coatings for all surface types (two and three-dimensional components). Its value drivers are the opening up of new, international markets, the development of new applications for the strategic growth areas of advanced polymers (innovative plastics, e.g. glazing) and advanced metals (innovative metal enhancements, primarily energy efficiency) as well as external growth. In the medium term, Nanogate also intends to achieve a considerable revenue share from environmentally friendly systems and processes as well as cleantech applications. The Nanogate Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Bosch und Siemens Hausgeräte, Daimler, FILA, Jaguar, Junkers, Porsche, Volkswagen). Several hundred projects have already gone into mass production. The company also has strategic partnerships with many international corporations. Nanogate comprises Nanogate Industrial Solutions GmbH, Eurogard B.V., Nanogate Textile & Care Systems GmbH, Nanogate Glazing Systems B.V., Vogler GmbH and majority stakes in GfO Gesellschaft für Oberflächentechnik AG and Plastic-Design GmbH. Disclaimer: This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate AG (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public outside Germany. 30.03.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: NANOGATE AG Zum Schacht 3 66287 Göttelborn Germany Phone: +49 (0)6825/95 91 0 Fax: +49 (0)6825/95 91 852 E-mail: nanogate@cortent.de Internet: www.nanogate.de ISIN: DE000A0JKHC9, DE000A14KNC4 WKN: A0JKHC, A14KNC Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Nanogate expands business in China with additional large order for glazing components
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