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GENEART is Nominated for the Oskar Patzelt Foundation Award for Midsized Enterprises

Posted : Thu, 14 Feb 2008 13:11:28 GMT
Author : Geneart AG
Category : Press Release
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REGENSBURG, GERMANY -- 02/14/08 --



Regensburg, February 14, 2008 - The GENEART AG has been nominated for the Oskar Patzelt Foundation Award for Midsized Enterprises ("Großer Preis des Mittelstandes"). This is the only German nationwide competition, in which midsized companies are honored for their entire fabric of entrepreneurship and their role in the community. The City of Regensburg has nominated the GENEART AG for this competition. The five nomination criteria are based on the overall company development, the creation of secure job and training opportunities, achievements in modernization and innovation, community involvement as well as the company's services and proximity to customers/marketing.

"This invitation to participate in the most important competition among Germany's midsized companies is a reflection of the GENEART success story, and we therefore take much delight in it. Founded in November of 1999, the startup with headquarters in Regensburg has grown into the global leader in the production of synthetic genes for the pharmaceutical industry and biotechnology. Worldwide, we have more than 500 customers, including all top 20 pharmaceutical companies. Our steadily growing customer base and the funds from the IPO in 2006 will allow us to continue our strong profitable annual sales growth in the future. In 2008 we expect our sales volume to grow to EUR 16.5M - 18.0M up from EUR 12.3M in 2007 with projected operating results of EUR 2.5M to 2.8M", GENEART CEO Professor Ralf Wagner comments.

For further inquiries, please contact:

Bernd Merkl
GENEART AG
Josef-Engert-Str. 11
93053 Regensburg
Germany
Phone: +49-(0)941-942 76-638
Fax: +49-(0)941-942 76-711
ir@geneart.com
www.geneart.com

Frank Ostermair
Better Orange IR & HV AG
Haidelweg 48
81241 Munich
Germany
Phone: +49-(0)89-8896906-10
Fax: +49-(0)89-8896906-66
info@better-orange.de
www.better-orange.de

Legal Information

This document may contain estimates, prognoses and opinions about company plans and objectives, products or services, future results, opinions about these results or opinions leading up to these results. All these projections into the future are subject to risk, uncertainty and unforeseeable change outside the control of the GENEART Group. Many factors may lead to actual results, which considerably deviate from the given projections for these results.


About GENEART AG

In 2000, GENEART entered the gene synthesis market and has since become the global market leader. Today, the company is one of the leading specialists in the synthetic biology field. Experts at GENEART provide key technologies for the development and production of new therapeutics and vaccines. Customers also take advantage of GENEART services to customize enzyme attributes, such as the attributes of enzymes used as detergent additives, and to construct bacteria, which produce complex biopolymers or break down polymers, such as synthetics, petroleum components, etc. Our production and service spectrum spans a wide range, from the production of synthetic genes according to DIN EN ISO 9001-2000, to the creation of gene libraries in the combinatorial biology, to the development and production of DNA-based biologically active substances. The GENEART AG in Regensburg (Germany) and the subsidiary GENEART Inc. in Toronto (Canada) employ more than 190 people. Since May 2006, GENEART is listed on the German Stock Exchange.


About the Oskar Patzelt Foundation Award for Midsized Enterprises

The prize was established in 1995. Since then, the award has developed to Germany's most important contest among midsized enterprises. 3,184 companies from 1,401 communities, institutions and associations were nominated in 2008. A listing of all nominated companies can be found at http://www.oppt.de

Global and national economic crisis situations notwithstanding, midsized companies have added millions of new work places to the economy in the last years. The public, however, hardly notices these magnificent achievements. The described competition puts the spotlight on the marvelous performance of the midsized German companies as economic engines and beacons of hope in today's economy. The activities are also assisting network formations and create public awareness of the success stories. When communities, institutions and associations nominate companies, they also have their eyes on effective economic developments and regional marketing. As for the nominated companies, the participation itself sets them apart. How much more thrilling is it to make the jury list, join the ranks of the finalists or even win a prize.

The local juries of the twelve regions start the evaluations, and a final jury then awards the prizes. In general, three companies are awarded prizes, and five more may be recognized as finalists in each regional field of competitors. In addition, special national prizes are awarded for the 'Company, Community or Bank of the Year' as well as for the 'Premier' or 'Premier Finalist', respectively. Only the winners of preceding years can be recognized as 'Premier' or 'Premier Finalist'. The special prizes are awarded on the occasion of the Berlin National Ball.

In concert with the Oskar Patzelt Foundation in Leipzig, the competition is sponsored by the chambers of commerce and industry (CCIs), the Wirtschaftsjunioren Deutschland (WJD, young German entrepreneurs), the chambers of trade, the German Federal Association of Service Providers, German trade and employer associations (UV, AGV), the State associations of the self-employed/German trade & crafts associations (BDS/DGV) and the German Federal Association of Midsized Business (BVMW), the European Association of the Self-Employed (BVD/CEDI), regional councils and commissions, city and community offices in collaboration with ministries, institutions and the media.

From its inception, the foundation has been run by volunteers. It is exclusively privately funded,. No European tax money is involved. Neither the nominated nor the nominating participants incur any kind of application or processing fees or other costs of any kind. Only the participation in the festive prize award ceremony with the splendid ball involves a charge. Right now, more than 200 active participants from all areas of society are actively involved in 13 juries and five other foundation panels. Nationwide, they perform services in more than 30 regional offices.

The Oskar Patzelt Foundation typifies corporate citizenship at its best.





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Article : GENEART is Nominated for the Oskar Patzelt Foundation Award for Midsized Enterprises
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