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ItN Nanovation AG

euro adhoc: ItN Nanovation AG
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ItN Nanovation makes clear adjustments in human resources within the scope of corporate reorganization

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
26.02.2009
Saarbruecken, 26th of February, 2009 - ItN Nanovation AG (ISIN 
DE000A0JL461) makes substantial adjustments in human resources within
the scope of the ongoing corporate reorganization. In the company´s 
headquarter in Saarbruecken the number of employees will be 
considerably reduced. ItN Nanovation AG intends to reduce between an 
estimated 20 and 30 jobs, including dismissals for operational 
reasons. Based on the cutback on personnel ItN expects an annual cost
reduction in the seven-digit range. The short time work that had been
agreed upon till the end of February will last till August 31, 2009 
in the production plant in Halberstadt.
end of announcement                               euro adhoc

Contact:

ItN Nanovation AG
Untertürkheimer Straße 25
66117 Saarbrücken
Tel.: +49 (0) 681/50 01-460
Fax: +49 (0) 681/50 01-499
E-Mail: info@itn-nanovation.com
www.itn-nanovation.com

edicto GmbH
Herr Axel Mühlhaus/ Herr Dr. Knop
Zeißelstr. 19
60318 Frankfurt am Main
Tel.: 069-90 55 05-51
Fax.: 069-90 55 05-77
Email: amuehlhaus@edicto.de

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
Börse Düsseldorf / free trade
Börse München / free trade

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