euro adhoc: ItN Nanovation AG
other
ITN Nanovation AG: Customer located in
the golf region is willing to cancel order for waste-water-treatment plant
representing order volume EUR 5 million
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
28.01.2009
- Relevant for 15 out of 20 mobile plants - Justified by difficult economic situation
Saarbrücken, January 28, 2009 - ITN Nanovation AG (ISIN DE000A0JL461) has today been informed that a main order from the golf region with a volume amounting to EUR 5 million will be cancelled. The order in the business unit of waste water treatment (CFM-systems) has been cancelled. The customer Humaid Al Suwaidi Real Estate justified the decision by the difficult economic situation and massive project delays in Dubai. In total 15 out of 20 plants will be cancelled, five plants have been delivered already. If legal claims for ITN can be raised is currently under consideration.
Further inquiry note: ItN Nanovation AG Untertürkheimer Straße 25 66117 Saarbrücken Tel.: +49 (0) 681/50 01-460 Fax: +49 (0) 681/50 01-499 E-Mail: info@itn-nanovation.com www.itn-nanovation.com
Investor Relations Contact: edicto GmbH Mr. Axel Mühlhaus Zeißelstr. 19 60318 Frankfurt am Main Tel.: 069-90 55 05-52 Fax.: 069-90 55 05-77 Email: amuehlhaus@edicto.de
end of announcement euro adhoc
Further inquiry note:
Nicole Poulain
Telefon: +49(0)681 5001-480
E-Mail: nicole.poulain@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