12.01.2016 09:32:59

Photocat and Quandt Dachbahnen starts co-operation offering NOx degradring bitumen membranes to the city of Berlin under the brandname Climavine.

The Danish Greentech company Photocat and Quandt has decided to work together on Bitumen membranes in the Berlin area. Quandt is a family owned company with a true Berlin company history commenced in 1868. Photocat and Quandt will provide all top membranes supplied in the Berlin area with an effective NOx degrading catalyst.  In the Berlin area this initiative will remove 6 tones of NOx per year from the atmosphere.

The agreement will generate a revenue of more than 2,3 mill DKK over the coming 2 years.

Thomas Becker, board member at Photocat,  comments:

- "We are very honored to work together with a manufacturer such as Quandt and pleased to serve this company with our prime quality to help fight one of the biggest challenges in modern city life, namely the air pollution. Berlin is in the heart of us all as a European Capital that deserves the best we can offer. Furthermore the politicians of Berlin have always been progressive and I therefore think they are pleased with this initiative", says Thomas Becker

Photocat manufactures patented coating materials for both outdoor and indoor applications with the effect to degrade NOx and VOC's when exposed to light. Both NOx and VOC's are severely damaging to human health. Photocat's patented technology is a very efficient and an economically viable alternative to many of the traditional technologies targeting NOx (e.g. bus catalysts, flue gas cleaning etc.). Photocat's shares are listed on Nasdaq Stockholm, First North with the ticker symbol PCAT. The company's Certified Advisor is Redeye AB.

For More Information, Please Contact:

Thomas Becker, Board member
Tel: +45 29617010
 e-mail:tb@photocat.net




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Photocat A/S via Globenewswire

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