PTA-Adhoc: ItN Nanovation AG: ItN Nanovation AG obtains a binding order for water treatment plants for the Iranian market

8/30/2017, 11:00 AM (Source: pressetext)
Saarbrücken, 30 August 2017 (pta031/30.08.2017/11:00) -

Public disclosure of inside information according to article 17 MAR

Saarbrücken, 30 August 2017 (pta031/30.08.2017/11:00) -

* Order value over Eur 2m
* DOR Water Filtration AG from Liechtenstein as sales partner and customer
* Successful, practical testing of the pilot plant
* Start of the delivery of the plants planned still in 2017

ItN Nanovation AG (ISIN DE000A0JL461) has received a binding order for peripheral water treatment plants for Iran. The order value amounts to over Eur 2m.

The ordered water treatment plants are of the types "CER@SENIC" and "CER@WELL". "CER@SENIC" removes particularly arsenic from ground and drinking water. In the province of Kerman in Iran, a testing facility has just been put into operation successfully, allowing to remove the arsenic contained in the water almost completely. "CER@WELL" is used to clean soiled tap water in buildings and removes dirt, germs, bacteria and nitrate.

The delivery of the plants is to start still in 2017.

Purchaser and contracting party is DOR Water Filtration AG in Liechtenstein. By the order for the Iranian market, the rights of sale have been given to DOR Water Filtration AG. The company was founded solely in order to market the plants. The company's associates have been doing business in the Middle East for more than 15 years.

ItN Nanovation AG

Christian Koch

Contact:

ItN Nanovation AG
Christian Koch/CEO
Peter-Zimmer-Str. 11
66123 Saarbrücken
Tel.: +49 (0) 681/5001-460
Fax: +49 (0) 681/5001-499
Email: ir@itn-nanovation.com
www.itn-nanovation.com

(end)

emitter: ItN Nanovation AG
address: Peter-Zimmer-Str. 11, 66123 Saarbrücken
country: Germany
contact person: Lutz Bungeroth
phone: +49 681 5001-460
e-mail: ir@itn-nanovation.com
website: www.itn-nanovation.com

ISIN(s): DE000A0JL461 (share)
stock exchanges: regulated market in Frankfurt; free market in Munich, free market in Dusseldorf; open market in Berlin, Tradegate

[ source: http://www.pressetext.com/news/20170830031 ]