ItN Nanovation signs cooperation agreement with RWE Power

- Adaptation of Nanocomp PP accelerated for comprehensive
introduction at RWE
- Partnership preceded by successful product
testing
- Widespread introduction as declared goal
- Over EUR 1
billion in global market volume for protective coatings

--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------

cooperations

Saarbruecken/Essen (euro adhoc) - ItN Nanovation AG (ISIN
DE000A0JL461) and RWE Power AG, a subsidiary of RWE AG, have
concluded an extensive cooperation agreement that sets the
prerequisites that will permit an accelerated introduction of the
Nanocomp Powerplant (PP) product line of ItN Nanovation in power
plants.

The initial focus of the agreement is the lignite power plants of
RWE. According to the agreement, product testing and further product
development in the power plants will now be jointly intensified and
coordinated by the partners. A shortened product adaptation process
will result which can also be subsequently used for the deployment of
Nanocomp PP in other contexts. The agreement, the first phase of
which runs until 2012, was preceded by successful product tests at
RWE. The Nanocomp Powerplant high-performance ceramic coating
effectively protects technical components in power plants in many
regions against contamination, wear and tear due to oxidation or
abrasion. The use of Nanocomp PP reduces maintenance costs and
increases the productivity of the systems. According to ItN
Nanovation estimates, the market for protective coatings in fossil
fuel-driven power plants worldwide amounts to more than EUR 1
billion.

Dr. Tillmann C. Lauk, Chief Executive Officer at ItN Nanovation AG,
states "We are very pleased about the cooperation; this cooperation
agreement underscores the most significant customer benefits that the
products of ItN Nanovation AG can generate. For us, the agreement is
clear proof that high expectations are seen for the successful
deployment of high-performance coatings - expectations for which we
want to do justice. It is our declared goal to expand the
applicability of Nanocomp PP to as many areas as possible in order to
permit a comprehensive implementation in fossil fuel-fired systems".

Based on the many positive tests run previously, RWE Power is placing
high expectations on the new Nanocomp Powerplant product line. With
successful further development and introduction of new technology in
the existing power plant parks of RWE Power, the company will achieve
a significant reduction of contaminant-related malfunctions of the
systems. Not only will the previous high availability of the blocks
be further improved, but first and foremost, necessary maintenance
costs can be sustainably reduced. The efficiency of future power
creation from fossil fuels can therefore be further increased.

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: ItN Nanovation AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Andreas Kuntz

Investor & Public Relations Manager

Tel.: +49 (0) 681 5001 467

E-Mail: andreas.kuntz@itn-nanovation.com

Jochen Hög

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: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade