(16.1.2008) With DKK 28 million (=USD 5,5 million) infused, Tantalum Technologies A/S – a spin-out from Danfoss, will be able to accelerate international growth plans in transcontinental markets as the US and Canada in 2008.

Tantalum Technologies A/S present a pinhole free thin film CVD coating of chemical pure tantalum metal. Being inert to almost any acid in any concentration tantalum is recognized as the absolute superior corrosion metal that can be applied when standard stainless steels give up.

Compared to other surface solutions Tantalum Technologies is unique since it may be applied as "add-on solution" to the customer's existing stainless steel components. A common steel part may thus be "upgraded" to tantalum without any change in component tolerances.

Tantalum Technologies offers a cost-of-ownership, which is unique in the market since maintenance and production downtime may be decreased without increasing the installation costs. Tantalum Technologies with CEO, Bo Gillesberg in lead, focuses on the North American chemical process industry as entry market for the new tantalum solution.

Tantalum Technologies is a spin-out from Danfoss. The new ownership of Tantalum Technologies consists of Danfoss together with SEED capital, CC Holding, founders and Vækstfonden. Initially Tantalum Technologies is based at Mads Clausens Entrepreneur Park close to Danfoss headquarter

Please visit our portfolio description of Tantalum Technologies

Web: www.tantalum-coating.com

Read article in Børsen "Virksomhed bryder ud af Danfoss ", 19. December (In Danish)

Read article in Ingeniøren ”Danfoss udvikler super-coating, der modstår korrosion”, 19. December (In Danish)

For further information, please contact

Jakob Steen Jensen, Investment Manager

jsj@seedcapital.dk

Phone: +45 45256152

(Published 16 january 2008)