DGAP-NVR: PAION AG: Release according to Article 26a of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

| Source: EQS Group AG
PAION AG  / Total Voting Rights Announcement

31.01.2014 10:00

Total Voting Rights Announcement according to Article 26a of the WpHG,
transmitted by 
DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

PAION AG hereby announces that at the end of the month January 2014 the
number of Voting Rights amounts to a total of 29,403,582 Voting Rights.

31.01.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      PAION AG
              Martinstr. 10-12
              52062 Aachen
Internet:     www.paion.com
End of Announcement                             DGAP News-Service