Aqualife A/S
Praetorian update: Less risk – same focus
Aresa A/S / Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- The independent analysis provider, Praetorian Research has published their latest update regarding aresa, and states: Less risk - same focus The business model behind the landmine plant has become outdated and consequently aresa is changing its strategy to investment in mine contaminated land in Croatia. aresa intends to maintain its humanitarian focus, but now with a far less risky investment case for the stock. The capital increase is expected to be approx. DKK 50m and existing shareholders will have preemption right. The entire analysis can be read in the attached document. For more information, please contact Jesper Ilsøe, Praetorian Research, tlf: 5025 3000, email: info@p-research.dk or Steen Thaarup CEO Phone: +45 7022 7747 Mobile: +45 4077 8695 E-mail: st@aresa.dk The company's certified advisor is Dahl-Sørensen & Partners A/S, Allan Reimann, tel.: +45 3364 9205. About Aresa Aresa is a plant biotech company established in 2001 by the company's current CSO, Carsten Meier. It originates from the Institute of Molecular Biology at Copenhagen University. Aresa focuses on the plant-based technology platform: BioSensor for the detection of substances in soil, including leakage of explosives from landmines. Aresa shares are traded at the Nasdaq/OMX-First North stock exchange since the introduction in 2006. Aresa is based at Symbion Science Park in Copenhagen and has greenhouse facilities on the outskirts of Copenhagen and test sites in Denmark, Croatia, and Serbia. Aresa has 11 employees, 7 in research & development and 2 in landmine operations. News Source: NASDAQ OMX 24.09.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Aresa A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0060031094 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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