NANOGATE AG / Key word(s): Incoming Orders
12.08.2015 09:56
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.
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Subsidiary GfO enhances sensor-covering screens for navigation devices with
a multifunctional coating - multi-year order ensures high utilisation for
additional inkjet production machine
Göttelborn, Germany, 12 August 2015. Nanogate AG, a leading international
integrated systems provider for high-performance surfaces, is benefiting
from strong demand for its unique inkjet technology. The Nanogate
subsidiary GfO AG has received another multi-year order with a total sales
volume in the single-digit million range following the successful
completion of an initial, smaller scale project in 2014. The project
involves refining a sensor-covering screen for navigation devices with a
multifunctional coating. The devices are used in a popular, high-volume
model.
Michael Jung, COO of Nanogate AG explains, "Our unique inkjet technology is
proving to be a key growth lever driving the development of the Nanogate
Group. Our customers benefit from an efficient and high-quality procedure
to refine plastics with multifunctional properties. This new major order
with a total sales volume in the seven-digit range is confirmation of our
good strategic positioning. At the same time, it ensures a high degree of
utilisation at our facilities, given that GfO only recently more than
doubled capacities for the inkjet technology."
Inkjet technology as a growth driver
In July 2015, the Nanogate Group acquired the outstanding shares in GfO AG
and, since this time, has wholly owned the subsidiary. Sales and earnings
had already improved significantly since the investment in 2010. Given the
strong demand, GfO recently put a second inkjet coating machine into
operation, a step which more than doubled capacities. Efficiency has also
improved with this new generation of machine: the new machine features an
innovative printing technology, improved processes and greater speed. This
means, for example, that several orders can be processed simultaneously.
This also includes the current major project, which has now reached its
full production scale with a total sales volume in the seven-digit range.
It is a follow-on order as the Group has already produced smaller numbers
of components in the past. First and foremost, the inkjet technology
enables the partial coating of small, two-dimensional plastic components to
a high optical standard without a mask. The technology makes it possible to
quickly implement the production of large numbers of components efficiently
and at above-average standards of quality.
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Information and Explaination of the Issuer to this News:
Nanogate AG:
Nanogate (ISIN DE000A0JKHC9) 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 and processing procedures. The aim is to improve
customers' products and processes by means of high-performance surfaces
while achieving environmental benefits. The Group concentrates on
attractive sectors such as 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.
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 Eurogard B.V., GfO
Gesellschaft für Oberflächentechnik AG, Nanogate Industrial Solutions GmbH,
Nanogate Textile & Care Systems GmbH, Nanogate Glazing Systems B.V., Vogler
GmbH and a majority stake in 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.
12.08.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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
WKN: A0JKHC
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart; Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service
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DGAP-News: NANOGATE AG secures major order in the seven digit range
| Source: EQS Group AG