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This collaboration is exploring innovative solutions to meet the future demands of fouling protection. Our combined products are complementary, and the knowledge created in this project will enable our customers to offer new solutions for fouling prevention.
Dr. Markus Hoffmann
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I-Tech AB (publ) Year-end report 2020

I-Tech AB (publ) (ticker ITECH) publish the year-end report 2020. Click here on the 24th of February 2021, at 11.00 to follow the webcast Summary of the period ” A challenging but overall strong year ” · Net turnover for the period amounted to kSEK 11 188 (14 584), which corresponds to a decrease in turnover of -23 % (34 %). Operating profit/loss amounted to kSEK -3 507 (-915). · Net turnover for the full year 2020 amounted to kSEK 52 819 (45 574), which corresponds to an increase in turnover of 16 % (57 %). Operating profit/loss

Selektope ® to protect new Mercy Ships hospital ship

Gothenburg, October 6, 2020: I-Tech AB’s barnacle repelling biotechnology for marine coatings, Selektope® has been selected to protect the hull of Global Mercy, the newest hospital ship being built for Mercy Ships, from barnacle fouling while docked for long periods of time at ports located in biofouling red zones off the coast of sub-Saharan Africa.   Mercy Ships is a charitable organisation whose volunteers provide medical treatment and undertake urgent operations onboard hospital ships docked at local ports in some of the poorest countries in the world. Since 1978, its

I-Tech AB (publ) (ticker: ITECH) publish the interim report for the second quarter 2020

Summary of the period” Continued growth and positive development despite shipping headwinds ” Net turnover for the period amounted to kSEK 16,150 (12,582), corresponding to an increase in turnover of 28% (36%). Operating profit/loss amounted to kSEK 47 (-906). Net sales for the first half of the year amounted to kSEK 29 675 (18 752), corresponding to an increase in sales of 58% (43%).  Operating result amounted to kSEK -937 (-5 341). April to June 2020 ·I-Tech renewed and upgraded the regulatory status of Selektope® in Japan. ·At the Annual General Meeting,

I-Tech upgrades regulatory position of Selektope® in Japan

I-Tech AB (publ) (ticker: ITECH) has been granted full approval for the antifouling active agent Selektope® under the Japanese Chemical Substance Control Law (CSCL) enforced by the Ministry of Health, Labor and Welfare (MHLW), Ministry of Economy, Trade and Industry (METI) and Ministry of the Environment (MOE). Since 2013, Selektope® has held a low production volume exemption in Japan. However, following the achievement of full approval under the CSCL, received on June 2, Selektope® will now be included in the CSCL registry as a Specified New Chemical Substance.The

I-Tech AB (publ) Interim report Q1 2020

Mölndal, May 8, 2020 - I-Tech AB (publ) (ticker ITECH) publish the interim report for the first quarter 2020Summary of the period ”A strong quarter despite uncertain times” ·Net turnover for the period amounted to kSEK 13 525 (6 170), corresponding to an increase in turnover of 119% (62%). Operating profit/loss amounted to kSEK -984 (-4 435). January to March 2020 ·In March, the leading Norwegian paint manufacturer, Jotun, launched two new marine paints based on I-Tech’s proprietary antifouling active agent Selektope®. ·During March, Per Svensson was appointed

I-Tech AB (publ) Year-end report 2019

Summary of the period ”Best year ever for I-Tech” · Net turnover for the period amounted to kSEK 14 584 (10 870), which corresponds to an increase in turnover of 34% (52%). Operating profit/loss amounted to kSEK -915 (-2 882). · Net turnover for the full year 2019 amounted to kSEK 45 574 (28 947), which corresponds to an increase in turnover of 57% (62%). Operating profit/loss amounted to kSEK -7 019 (-13 625). January to December 2019 · I-Tech received its largest supply order to date from Chugoku Marine Paints worth SEK 57 million. · Cambrex sold its holding (

I-Tech AB (publ) Interim report Q2 2019

Mölndal, August 28, 2019 - I-Tech AB (publ) (ticker ITECH) publish the interim report for the second quarter 2019Summary of the period - Q2 2019 ”Highest sales so far in a single quarter” Net sales for the period amounted to kSEK 12 582 (9 270), which corresponds to an increase in sales of 36% (86%). Operating result amounted to kSEK -906 (-2 544). Net sales for the first half of the year amounted to kSEK 18 752 (13 083), corresponding to an increase in sales of 43% (155%). Operating result amounted to kSEK -5 341 (-5 844). April to June 2019 · The Swedbank Robur Teknik and

I-Tech receives largest supply order to date from Chugoku Marine Paints worth 57MSEK

August 7, 2019 - I-Tech AB (publ) (ticker: ITECH) has received a new order amounting to 57MSEK to supply its product Selektope® to Chugoku Marine Paints (CMP). The supply order provides confirmation of increasing demand for I-Tech’s barnacle-repellent active agent Selektope® within the range of marine antifouling products offered by CMP. The Selektope® supplied to CMP will be used in all major key markets in the shipping industry targeting both new building and dry-docking demands. The order is expected to be delivered in 2020. Since their launch in 2016, the uptake of CMP’s

Chugoku Marine Paints expands Selektope®-containing antifouling coating range

A new antifouling coating containing the barnacle-repellent active agent Selektope® has been introduced to the market by Chugoku Marine Paints (CMP). SEA PREMIER 3000 PLUS is the eighth product developed by CMP that contains Selektope®, demonstrating the Japanese paint manufacturer’s growing commitment to the technology. SEA PREMIER 3000 PLUS is a self-polishing coating based on silyl polymer technology. It delivers excellent slime and algal resistance with the combined power of Selektope® and cuprous oxide for superior hard fouling prevention. Developed initially for use in the Japanese

I-Tech AB (publ) Interim report Q1 2019

Mölndal, May 10, 2019 - I-Tech AB (publ) (ticker ITECH) publish the interim report for the first quarter 2019.Summary of the period - Q1 2019 ”Continued healthy growth and increased activity with potential new customers” Net turnover for the period amounted to kSEK 6 170 (3 813), which corresponds to an increase in turnover of 62% (2 663%). Operating profit/loss amounted to kSEK -4 435 (-3 295). January to March 2019 · No important events during the period. Important events after the period · The Swedbank Robur Teknik and Microcap funds have increased their

The share issue in I-Tech AB (publ) for listing on First North was over-subscribed

I-Tech AB (publ) ("I-Tech" or "the Company") has completed the share issue to public and institutional investors in Sweden to subscribe for 1 875 000 shares in the Company of approximately SEK 38.5 Million ("Offering"). The interest in participating in the share issue has been strong and overall, the share issue was subscribed to approximately 136 percent. Preliminary first day of trading is 28th of May 2018.I-Tech announced on May 2, 2018 that the Company has decided to implement the Offering and apply for listing of the Company's share on Nasdaq First North. The interest in participating

I-Tech AB carries out a share issue of MSEK 44.1 ahead of listing on Nasdaq First North

The Board of I-Tech AB ("I-Tech" or "The Company") has decided to carry out an equity issue of up to 2 150 000 shares and apply for listing of the Company's shares on Nasdaq First North.The subscription price amounts to SEK 20.5, which corresponds to an issue amount of no more than MSEK 44.1 million ("Offer"). Based on the issue price and existing number of shares, the Company is valued at approximately SEK 200.4 million. In the Offer, a number of institutional and private investors have subscribed for shares totaling MSEK 26.7, corresponding to approximately 60.5 percent of the Offer.

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