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ItN Nanovation AG

ItN Nanovation achieves important operational targets in 1st quarter of 2007

Saarbrücken (euro adhoc) -

• Nanocomp Powerplant lands important orders
• Large-scale tests for Nanocomp Metcast in the final phase
• Overall performance up 22 percent
• Expectations for year as a whole may be fulfilled
• CFM-Systems open up additional potential
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
May 30, 2007. ItN Nanovation AG (ISIN
DE000A0JL461) reached important operational targets in the first 
quarter of 2007, thus creating the basis for future growth.  In the 
Nanocomp Powerplant (PP) area, the successful conclusion of tests in 
2006 led to the generation of major orders from power plants in the 
first quarter of 2007. The total annual revenues for this area may 
therefore reach at least the upper end of market expectations. At the
end of the first quarter of 2007, the long-running large-scale tests 
on major industrial customers in the Nanocomp Metcast (MC) area 
reached the final phase, and should likewise give rise to orders in a
very short time.
Compared to the first quarter of the previous year, total performance
was up 22.3 percent, rising from EUR 1,273,000 to EUR 1,557,000. At 
EUR 1,158,000 the revenues generated were slightly below the previous
year´s figure of EUR 1,248,000. Here it must be considered that 
important reference assets, orders and regulatory issues are not yet 
reflected in the revenues - this will change over the course of the 
year. In the first quarter of 2007, earnings before taxes amounted to
EUR -1,365,000 compared to EUR -1,237,000 in the previous year.
In view of developments in the first quarter of 2007, ItN Nanovation 
assumes that the company´s market expectations for the entire year 
will be fulfilled.
Additional potential for success will be created by the ceramic flat 
membrane filtration technology product group (CFM-Systems). Here the 
Deutsches Institut für Bautechnik (DIBt; German Institute of 
Construction Technology) recently issued a construction license (cf. 
announcement of May 29, 2007), facilitating the commencement of 
marketing activities. ItN Nanovation is thus opening up an additional
business area with a market potential of billions.
end of announcement                               euro adhoc 30.05.2007 15:45:24

Further inquiry note:

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

Jochen Hoeg
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: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

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