Switzerland --- April 15, 2005 NanoWorld Holding AG
announced that it has acquired 100% of Bulgarian based
Innovative Solutions Bulgaria Ltd. (ISB) with its
AFM Probes division BudgetSensors™ on April 1, 2005.
Holding AG with its brands NanoWorld™ and NANOSENSORS™
was already prominently represented in the high quality
segment of the market for probes for Atomic Force
Microscopes (AFM). Now with ISB and its budget-friendly
brand BudgetSensors™ we get access to the lower price
segment of the AFM probes market which is by far the
fastest growing segment in this field", said
Manfred Detterbeck, CEO of NanoWorld Holding AG. "The
acquisition is also expected to result in greater
efficiency and in a significantly increased overall
market share." added Detterbeck.
'Quality meets price' concept in combination with
the high growth potential in the lower price segment
and the strong financial background of NanoWorld Holding
AG will enable us to achieve leadership in our market
segment even faster", said Kamen Nikolov, CEO
of Innovative Solutions Bulgaria Ltd. (ISB). "Additionally",
Mr. Nikolov stated, "our boosted financial resources
will help us to market our products and services more
aggressively on a world-wide basis."
only ISB's AFM probes division BudgetSensors™ but
also the other business areas Print & Design and
Web & Programming are profitable and show high
Innovative Solutions Bulgaria Ltd.:
Established in 2001 and located in the Bulgarian capital
Sofia, Innovative Solutions Bulgaria Ltd. offers a
variety of products and services within its three
divisions AFM Probes, Print & Design and Web &
Probe division manufactures and sells probes and accessories
for Atomic Force Microscopes under the trade name
of BudgetSensors™ used by the most advanced R&D
institutions worldwide. The Atomic Force Microscope
(AFM) is one of the most important instruments for
the Nanotechnology industry and research.
& Design and Web & Programming division s
offer solutions for corporate design, presentation
and promotion materials.
NanoWorld Holding AG:
The NanoWorld Holding AG is a purely financial holding
company and does not conduct operational business.
key activities of the associated companies are concentrated
on the development, production and commercialization
of consumables for Atomic Force Microscopes (AFM)
namely AFM probes or tips for Scanning Probe Microscopes
(SPM) that are used for research in nanotechnology.
functions fulfilled by the holding include access
to capital markets and steering the group strategically,
thus relieving the group's units, allowing them to
concentrate on their customer related activity.
NanoWorld Holding AG
Phone +41 (0)52 633 37 39
Fax +41 (0)52 633 37 89
© NanoWorld Holding