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IP Strategy AG: OTI Greentech AG: Finalization of reverse merger proceeds according to plan

DGAP-News: IP Strategy AG / Key word(s): Corporate
Action/Miscellaneous
IP Strategy AG: OTI Greentech AG: Finalization of reverse merger
proceeds according to plan

27.01.2015 / 09:00

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OTI Greentech AG: Finalization of reverse merger proceeds according to plan

- Over 99.5% of shares already submitted for exchange

- Recording of the contribution in kind in the Commercial Register
expected for February

- Stock exchange listing effective immediately for OTI Greentech AG

- Move creates a high-growth cleantech specialist with revenue exceeding
EUR 20 million

Bremen, January 27, 2015 - Starting today, the Düsseldorf stock exchange
listings will feature a new name: OTI Greentech AG. The name change from
the former IP Strategy AG to OTI Greentech AG has now been entered in the
Commercial Register, completing the first step in the Company's realignment
as planned.

The next step will be to incorporate the entire operating business of the
existing Swiss OTI Greentech Group AG into the Company. For this purpose,
the shareholders of Swiss OTI Greentech Group AG have already submitted
over 99.5 percent of the shares to the trustee for exchange. The capital
increase against contributions in kind is expected to be recorded in the
Commercial Register as early as February 2015. The share capital of OTI
Greentech AG will then be around EUR 22.1 million, divided into an equal
number of no-par value shares.

Once these steps have been implemented, the annual revenue of the listed
OTI Greentech AG will exceed EUR 20 million. This revenue is generated by
the core business of Swiss OTI Greentech Group AG and the recently acquired
Norwegian company Visionaire Energy AS, in which Swiss OTI Greentech Group
AG currently holds a 51 percent equity interest. Consolidated figures for
2014 are expected to be published in April 2015. The Company is planning
further profitable organic and inorganic growth in the cleantech sector
over the next few years. By 2016, analysts expect to see revenue growth of
more than 50 percent and a net margin of around 10 percent.

Joseph Armstrong, member of the Management Board of OTI Greentech AG: "The
reverse merger creates a listed cleantech company that offers sustainable
solutions in the oil and marine sector, and thus operates in an attractive
and promising market. Our intention is to complete the entire contribution
process in February. As a listed company, dialog with the capital markets
will be very important for us in the context of our growth strategy."

About OTI Greentech Group AG

OTI Greentech is an internationally leading cleantech engineering group
based in Switzerland. The company provides environmentally friendly
solutions and a patented technology for cleaning, recovery and disposal of
oil in a wide variety of applications. This includes the cleaning of tanks,
ships and industrial machinery, oil recovery and waste recycling from
industrial waste streams, soil remediation and the processing and
extraction of oil from conventional and unconventional deposits.

OTI Greentech's multiple award winning and patented ECOSOLUT(TM) products
have been used by various international shipping, oil service and waste
management companies. ECOSOLUT(TM) products are high-performance "green"
chemicals, which reduce cleaning cycles and meet more advanced health,
safety and environmental standards than traditional chemicals used in the
industry.



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27.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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316569 27.01.2015