DGAP-News: MykoGreen Biotechnology AG begins cooperation with Ludwig-Maximilian-Universität in Muni

DGAP-News: MykoGreen Biotechnology AG begins cooperation with Ludwig-Maximilian-Universität in Munich

ID: 31928

(firmenpresse) - MykoGreen Biotechnology AG / Alliance

10.08.2010 08:30

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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MykoGreen Biotechnology AG (German Stock Exchange - WKN: A0M8X4, symbol:
4AW) based in Switzerland will be working with the renowned
Ludwig-Maximilian-Universität in Munich from now on. It has been decided
that the Prof. Dr. Reinhard Agerer's team in the faculty of biology will
carry out research on systematic mycology. The biologist and mycologist Dr.
Jie Wei will be the project coordinator and will be responsible for the
project.

MykoGreen Biotechnology AG's product range will firstly be tested for
content and concentration in a way similar to an incoming goods inspection
in a laboratory at the Ludwig-Maximilian-Universität. Subsequently, various
plants will be grown, tested and analysed in the Munich botanic gardens
over three months as a reference surface. Later, the research results will
be summarised in a scientific report.

'We are very honoured that a university that is so renowned in the field of
mycology is interested in analysing our products and in making a study out
of them. In Dr. Wei we have found a person who is very well known in the
field to be our project leader, who will be providing our company with
specialist help outside of this project as well', says Armin Grabowski,
member of MykoGreen Biotechnology AG's board of administration.

Through the analysis of MykoGreen Biotechnology AG products at a biology
faculty which focuses on systematic botanics, a user handbook based on
scientific results is to be compiled. This should make the use of
mycorrhiza and beneficial bacteria easier all over the world. The constant




aim of MykoGreen Biotechnology AG's products is to provide plants in
different regions of the world with optimal nutrients.

MykoGreen Biotechnology AG's innovative, GM-free products are of the
highest quality and stand out due to various factors. The cultured fungus
spores and bacterial cultures are used in their purest form. A uniquely
high concentration and a combination of fungi and beneficial bacteria leads
to excellent results for plant and soil cultivation. The powdered base
material is water soluble and can be deployed using the most modern
irrigation technologies and almost all existing systems, without having to
add new, complicated additional steps to the process.

'The research of our products on this level and the compilation of a
scientific report as well as the compilation of a user handbook for
world-wide use represent an excellent basis for the further distribution of
our products', adds Grabowski.

Just a few weeks ago, MykoGreen Biotechnology AG signed a Memorandum of
Understanding (MoU) with the Al-Fajer-Group from Dubai, where a new
production site for MykoGreen products will be built. 'Although the
distribution of our products is already going well in this region, the
research results from Munich will provide a seal of quality, which will be
understood all over the world', says Grabowski.

MykoGreen Biotechnology AG:

MykoGreen Biotechnology AG develops and sells biological plant additives,
free of genetic engineering, which can be used across a wide spectrum, from
plant cultivation to recultivation of crops. The functional effects of our
high quality products are achieved through mycorrhizal-fungi, soil bacteria
and beneficial fungi. Their professional application increases the stress
tolerance of the plants against biotic and abiotic factors. By adding
specific components, the efficiency of the products is further enhanced and
modulated to match the requirement and application profile. This produces
plants that develop strong roots, absorb nutrients more efficiently, need
less water and resists pests better and are better equipped to endure
stress during transplantation (seedlings, trees).

For further information please visit www.mykogreen.ch

Contact for questions:

Milestone Media AG (Investor Relations Europa)
phone: + 41 41 5000 727
fax: + 41 41 5000 728

MykoGreen Biotechnology AG
Turmstrasse 28
CH - 6300 Zug
Telefon: + 41 41 749 9710
Fax: + 41 41 749 9711

MykoGreen Biotechnology GmbH
Habichtstraße 41
D - 22305 Hamburg
Telefon: + 49 40 611 35 632
Fax + 49 40 611 35 633

E-Mail: presse(at)mykogreen.ch




10.08.2010 08:30 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------

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Bereitgestellt von Benutzer: EquityStory
Datum: 10.08.2010 - 08:30 Uhr
Sprache: Deutsch
News-ID 31928
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