ItN Nanovation AG: Construction license facilitates commencement of CFM systems marketing in billion-strong market for waste water treatment

• Construction license issued • High demand through obligation to
implement two EU directives by 2015 • Billion-strong market targeted
• Distribution partnership with Bergmann Umwelttechnik • First orders
from USA, Canada and the Arab Emirates

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innovations

Saarbrücken (euro adhoc) - May 29, 2007. ItN Nanovation AG (ISIN
DE000A0JL461) is commencing the marketing of its ceramic flat
membrane filter technology (CFM systems) with immediate effect, thus
opening up a business area with a potential of billions.

The "Allgemeine bauaufsichtliche Zulassung +H" ("General Construction
Inspectorate License") has now been issued by Deutsches Institut für
Bautechnik (German Institute of Construction Technology, DIBt).
Bergmann Umwelttechnik GmbH - one of the most important small sewage
plant manufacturers in Europe and a partner of ItN Nanovation -
informed the company of this. This means that large-scale marketing
can now commence. A distribution partnership with Bergmann
Umwelttechnik has been created for this purpose.

When installed in standard small purification plants, ItN´s ceramic
filter membrane systems (CFM systems) implement a so-called
hygienization phase, which sterilizes the waste water and treats it
until it reaches bathing water quality. This means it can be reused
as sanitary water.

ItN´s CFM systems have five competitive advantages over traditional
hygienization phases: (1) higher filtration performance; (2) membrane
must only be exchanged when needed and no longer on a regular basis
due to continual cleaning during operation; (3) maintenance is much
easier; (4) increased durability; (5) greater operating safety
through robustness of material.

Moreover, the microbial content measured during tests was 12 times
better than the figure prescribed by the EU bathing water directive
(76/160/EEC).

The superior properties of these CFM systems have already attracted
orders from North America and the Arab Emirates. Delivery of the
first systems is scheduled for July. Inquiries have also been
received from Spain, Malta and Tunisia.

ItN Nanovation estimates that the market for hygienization phases for
small purification plants is worth up to 4 billion Euro in Europe
alone. ItN Nanovation believes that a market share of 5 to 10 % for
CFM systems is a realistic target for 2015.

Here a wave of demand will arise through the EU directive concerning
waste water purification (91/271 EEC) in connection with the EU
bathing water directive. Both must have been implemented throughout
the EU by 2015. In areas categorized as "ecologically sensitive"
(protected drinking water zones, recreation areas, conurbations),
corresponding hygienization technology is essential for compliance
with these directives. Moreover, current studies (e.g. WWF studies
carried out in 2006) provide evidence of the water shortages in
Italy, Spain and Portugal, which means that an additional demand for
sanitary water is expected in the short term from arid regions.

end of announcement euro adhoc 29.05.2007 13:01:48
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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 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