NEW VALUE AG
NEW VALUE AG: Insolvency of Qualife AG
NEW VALUE AG / Key word(s): Miscellaneous 24.08.2012 18:00 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- / Press Release Write-off of the investment in Qualilife AG Baar, August 24 2012 -Due to a cumulation of negative effects Qualilife AG got into an over-indebtedness and had to deal with a severe liquidity crisis. The Board of Directors of Qualilife AG decided to file for insolvency. A big customer project that was planned to be implemented in 2012 and had a high probability of being awarded to Qualilife AG was delayed. In addition warranted payments out of a research-program from the EU that were due in 2012 were, for the biggest part, delayed into 2013. In this situation an intended financing round with new investors couldn't be realized. On this basis, New Value AG has to write off the whole investment in Qualilife AG. The write-off amounts to CHF 3,2 Mio. Information about New Value New Value AG, which is listed on the SIX Swiss Exchange, invests directly in private companies with strong growth potential in Switzerland and neighbouring countries. New Value AG provides growth capital to promote innovative business models and supports the companies to market success. The companies included in the portfolio are mainly related to the cleantech and healthcare sectors. . Stock exchange listings: SIX Swiss Exchange (www.six-swiss-exchange.com) Ticker symbols NEWN (CH Security number 1 081 986 ISIN CH0010819867 Contact New Value AG, Zugerstrasse 8a, CH-6340 Baar Dr. Bernd Pfister Tel. +41 43 344 38 38 pfister@newvalue.ch Information/ downloads www.newvalue.ch Email: info@newvalue.ch 24.08.2012 News transmitted by EquityStory AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news --------------------------------------------------------------------------- Language: English Company: NEW VALUE AG Zugerstrasse 8a 6340 Baar Switzerland Phone: +41 43 344 38 38 Fax: E-mail: info@newvalue.ch Internet: www.newvalue.ch ISIN: CH0010819867 Swiss Security Number: 552932 Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Open Market in Frankfurt; SIX End of Announcement EquityStory News-Service ---------------------------------------------------------------------------
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