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    DGAP-News  481  0 Kommentare NANOGATE AG secures major order in the seven digit range


    NANOGATE AG / Key word(s): Incoming Orders

    12.08.2015 09:56

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

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    Subsidiary GfO enhances sensor-covering screens for navigation devices with
    a multifunctional coating - multi-year order ensures high utilisation for
    additional inkjet production machine

    Göttelborn, Germany, 12 August 2015. Nanogate AG, a leading international
    integrated systems provider for high-performance surfaces, is benefiting
    from strong demand for its unique inkjet technology. The Nanogate
    subsidiary GfO AG has received another multi-year order with a total sales
    volume in the single-digit million range following the successful
    completion of an initial, smaller scale project in 2014. The project
    involves refining a sensor-covering screen for navigation devices with a
    multifunctional coating. The devices are used in a popular, high-volume
    model.

    Michael Jung, COO of Nanogate AG explains, "Our unique inkjet technology is
    proving to be a key growth lever driving the development of the Nanogate
    Group. Our customers benefit from an efficient and high-quality procedure
    to refine plastics with multifunctional properties. This new major order
    with a total sales volume in the seven-digit range is confirmation of our
    good strategic positioning. At the same time, it ensures a high degree of
    utilisation at our facilities, given that GfO only recently more than
    doubled capacities for the inkjet technology."

    Inkjet technology as a growth driver
    In July 2015, the Nanogate Group acquired the outstanding shares in GfO AG
    and, since this time, has wholly owned the subsidiary. Sales and earnings
    had already improved significantly since the investment in 2010. Given the
    strong demand, GfO recently put a second inkjet coating machine into
    operation, a step which more than doubled capacities. Efficiency has also
    improved with this new generation of machine: the new machine features an
    innovative printing technology, improved processes and greater speed. This
    means, for example, that several orders can be processed simultaneously.
    This also includes the current major project, which has now reached its
    full production scale with a total sales volume in the seven-digit range.
    It is a follow-on order as the Group has already produced smaller numbers
    of components in the past. First and foremost, the inkjet technology
    enables the partial coating of small, two-dimensional plastic components to
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    DGAP-News NANOGATE AG secures major order in the seven digit range NANOGATE AG / Key word(s): Incoming Orders 12.08.2015 09:56 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement. …