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Nanotron Press Release

Market leader in energy-efficient wireless communication solutions attracts investment for its global expansion strategy from international investor syndicate

Nanotron Secures Additional Capital with New Investor

Berlin, London, Jena; 24th April, 2008 - Nanotron Technologies, the leading provider of energy-efficient location-aware wireless solutions, today announced it has completed the € 11 million funding round led by London-based Cleantech investor zouk ventures ltd and DEWB. zouk and DEWB invest alongside Nanotron's other investors, consisting of Polytechnos, Danfoss, and IBB Beteiligungsgesellschaft - VC Fonds Berlin. The executive management team also participated in the funding round.

The new investment will allow Nanotron to continue its aggressive international growth. The company will use the funding to further increase market share and customer adoption of its chirp-based energy-efficient wireless solutions. Sales and marketing presence will expand in growing international markets, aiming to capitalize on its current success within the key sectors of mobile, consumer, manufacturing, logistics and healthcare. Furthermore, the new capital will support product development, continuing the company's track record for innovation.

Commenting on their first major new investment for three years, Bertram Köhler, Member of the DEWB Management Board, and said “With Nanotron's unique and patented technology, its success in standardization backed by a highly experienced management team, there is significant potential for Nanotron to gain a disproportionate benefit from the growth in the market for wireless communication and location. The fact that Nanotron has successfully attracted high-profile key clients demonstrates the value of this investment decision,” stated Köhler, who joins the Nanotron Board of Directors.

“With its superior reliability and precision compared to other technologies, and the much lower energy consumption of the transmission method, even in harsh radio environments, Nanotron's system offers a wide range of potential uses,” explains Felix von Schubert, Partner at zouk ventures and member of the Nanotron Board of Directors. He went on to add: “Whether it's an industrial application for container or asset tracking, modern traffic control systems or applications for the integration of intelligent energy meters, the fast and straightforward assembly of the necessary infrastructure enables users to implement these networks on an ad-hoc basis in accordance with the “plug & play” principle.”

“We are particularly pleased with this investment from DEWB alongside our existing partners as this vindicates the strength of our business proposition,” says Dr. Jens N. Albers, Nanotron's CEO. “DEWB's experience will enable us to expand and capitalize on our growing international customer base.”

For further information

Media Contact:

+49 30 399 954-0
Email: press@nanotron.com
Alt-Moabit 60
10555 Berlin, Germany

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