DGAP-News: Nanostart Asia Pacific increases share of Singaporean cleantech company MINT
(firmenpresse) - DGAP-News: Nanostart AG / Key word(s): Miscellaneous
Nanostart Asia Pacific increases share of Singaporean cleantech
company MINT
06.06.2012 / 06:00
---------------------------------------------------------------------
- Share of fund increased from 18 to 28 percent
- International expansion and marketing
Singapore - June 6, 2012 - Nanostart Asia Pacific is increasing its share
in the Singaporean company Membrane Instruments and Technologies Pte Ltd
(MINT) from 18 to 28 percent. The investment in MINT will take place
through the Nanostart Early Stage Venture Fund I, which is managed by
Nanostart Asia Pacific. The funds will flow in particular to additional
marketing of the Membrane Integrity Sensor and its international rollout.
The Membrane Integrity Sensor is currently the flagship product from MINT.
It is a sensitive analysis system for continuous and reliable online
monitoring of water quality at water treatment facilities. The system was
developed at the Nanyang Technological University in Singapore and
introduced to the market last year. As the first MINT product available on
the market, the sensor is already in use at several facilities. The public
water supplier (Public Utilities Board) in Singapore is a customer.
MINT specializes in monitoring and optimizing water treatment facilities.
This allows operators to achieve significant cost savings and increase
efficiency. The company develops a portfolio of sensors to record various
parameters of water treatment facilities.
About Nanostart:
Nanostart AG headquartered in the German financial capital
of Frankfurt, is a leading nanotechnology investment company, with
portfolio companies spanning the globe from Silicon Valley to Singapore.
The company provides venture capital financing for nanotechnology companies
in various growth phases with a focus on innovation-driven industries of
the future such as cleantech, life sciences and IT/electronics. As main
shareholder of Nanostart Asia Pacific Ptd Ltd, Nanostart invests as partner
of the Singapore government.
About Nanostart Asia Pacific:
Nanostart Asia Pacific Pte Ltd was established in Singapore in 2012 with
the goal to explore the growth markets of Asia. As a venture capital
investment company, Nanostart Asia Pacific invests in young, up-and-coming
nanotechnology companies which are approaching market launch or have
innovative products already on the market. In Singapore, it invests as a
partner of Singapore government via Nanostart Singapore Early-Stage Venture
Fund I Pte Ltd. It is a subsidiary of Nanostart AG. Other shareholders of
Nanostart Asia Pacific besides Nanostart AG are a number of strategic
venture capital investors out of Asia, who with their network and
experience are set to facilitate Nanostart's expansion in Asia, and the
company's management. For more information about Nanostart Asia Pacific,
please visit: www.nanostart-asia-pacific.com
About MINT:
Membrane Instruments and Technology Pte. Ltd. (MINT) is a spin-off from the
Nanyang Technological University (NTU) of Singapore, with the aim of
becoming a leader in membrane instrumentation and optimization technology
for the water treatment industry. Membrane processes are set to be the next
standard for water and wastewater treatment. MINT designs and develops
automated control systems which receive signals from nanotechnology-enabled
sensors, predict the performance of the plantand implement the correct
control strategies, resulting in significant cost savings. MINT's flagship
product has been validated by Singapore's national water agency. For
further information please visit www.mintmembranes.com.
Disclaimer:
This notice constitutes neither an offer to sell nor a solicitation of
offers to purchase or subscribe to securities. There will be no public
offering of securities of Nanostart AG in conjunction with the existing
listing of its shares in the 'Entry Standard' segment of the regulated
unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This
notice does not constitute a securities prospectus. Neither this notice nor
the information contained within is intended for direct or indirect
distribution within Canada, Australia or Japan.
Media contact:
Nanostart AG
Dr. Hans Joachim Duerr
Head of Corporate Communications
Goethestrasse 26-28
60313 Frankfurt, Germany
phone: +49 (0)69-21 93 96 111
End of Corporate News
---------------------------------------------------------------------
06.06.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
172910 06.06.2012
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 06.06.2012 - 06:00 Uhr
Sprache: Deutsch
News-ID 153497
Anzahl Zeichen: 6116
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 341 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Nanostart Asia Pacific increases share of Singaporean cleantech company MINT"
steht unter der journalistisch-redaktionellen Verantwortung von
Nanostart AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
