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2016-02-05

Photocat A/S: Photocat and Binné & Sohn partners up to supply Hamburg area with NOx degrading Bitumen membrane

February 5th2016
Binné&Sohn enters partnership with
Photocat A/S to offer new NOx
reducing roofing felt under the brandname NOxOFFTM

The two companies have entered into an agreement which will offer improved
bitumen roofing membranes giving major advantages to the citizens of
Hamburg. The new product will significantly improve the air quality in
Hamburg and help the city of Hamburg to reduce the negative consequences of
dieselgate.
Furthermore, the new NOxOFF product from Binné&Sohn is expected to reduce
public as well as private health costs caused by NOx pollution as well as
improving the quality of life for the numerous of citizens harmed by air
pollution.

Binné&Sohn is a leading manufacturer of bitumen roofing felt in the north of
Germany with a long lasting tradition as a true family company. Binné
subscribes to the philosophy of the business sector taking responsibility
towards a more sustainable future whenever possible.

The new product is expected to reach the market in early spring 2016.

Mr. Binné, the CEO of Binné&Sohn expresses: "I have grown up in the area of
Hamburg and seen the city develop. I have no doubt that I, being a
manufacturer, should act when more sustainable solutions are possible. I am
therefore proud to announce that Binné Und Sohn shall launch this new
product which we believe will be greatly appreciated by our customers."

Mr. Thomas Becker, Boardmember of Photocat A/S, expresses: "NOxOFF is one of
those products that are evident and when you learn about it you simply say
"Yes Of course". This kind of product is exactly what has been needed for any
city planner, building owner and responsible regulator because, whether we
like it or not, the NOx pollution in our cities is massive and will remain so
for several generations I strongly believe that this technology will be
widely accepted and generate lot of recognition for Binné&Sohn."

Mr. Binné continues, "We have considered whether the market is ready to accept
a product that, besides being a roofing membrane, also improves the air
quality. I believe that "Dieselgate" has raised the awareness amongst German
decision makers to a level where this new technology will be accepted and
preferred."

Photocat manufactures patented coating materials for both outdoor and indoor
applications with the effect to degrade NOx and VOCs 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, Boardmember, Photocat A/S
Thilo Binné, CEO Binné
Tel: +45 2961 7010
Tel: +49 176 135 00 511
e-mail: tb@photocat.net
mail: thilo@binne.de

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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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