fluXXion closes a EUR 6.4 million financing round

Eindhoven, 9 May 2007 - fluXXion is very pleased to announce that it has reached on May 7th an investment agreement with its current shareholders and 3 new partners. A consortium of three professional investment funds from the Clean Tech world provides a significant investment. The new shareholders are Emerald Technology Ventures based in Zurich (Switzerland), Capricorn Venture Partners based in Leuven (B) and Wheb Ventures based in London (UK). Also its existing shareholders, Mr. S. L. Hui and Royal Philips Electronics contributed again to support fluXXion with the development and industrialization of the microsieve technology.

With this strong financial backing fluXXion will be able to complete and test our first industrial unit in the coming months and continue several projects in its targeted market segments, mainly in the food sector.

More info on fluXXion's website or on the press release