Press release 05.12

Intensiv-Filter GmbH & Co. KG: Insolvency proceedings is chance for restart

Velbert, 12. Juni 2012:

Intensiv-Filter & Co KG submitted an application for insolvency on May 31st, 2012. The responsible district court of Wuppertal appointed Dr. Marc d’Avoine from Wuppertal to the temporary insolvencytrustee.

Dr. Marc d’Avoine has evaluated the situation in a first conversation with the executives. The objective is to get going again the winding up of running projects as quickly as possible. The necessary requirements for it are already regulated. To improve the current situation for the recapitalisation, Dr. d’Avoine has implemented in the meantime measures for the improvement of the efficiency and the further development of the technology. Besides, the sales departmentapproaches offensively to the market, so that Intensiv-Filter in spite of the insolvency procedure profits from the order boom in the machine and plant manufacture.

Intensiv-Filter will be present as planned with an exhibition stand on the Achema, the worldwide biggest trade fair of the chemical process industry, from 18.06.2012 to 22.06.2012. „Thereby we show our customers and partners that the insolvency is a chance forIntensiv-Filter which is used for the continuity of the company. Various investorswith whom we are under discussionare already at hand “, says insolvency trustee Dr. Marc d `Avoine.

1.287figures

About the company:

Today the Intensiv-Filter group occupies worldwide approx. 400 employees and is for 90 years technology leader in dust removal. The business activities cover the entire service chain for filtering separators and dust removal installations: from planning, engineering and production, to installation, commissioning and service. Turnkey bag filters and complete systems up to 2.5 million m³/h a.c. are among the fields of competence as well as standard filters, circular filters, CIP-Filters, cyclones, cooling systems and fans.

For further information please contact:

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Astrid Kögel

Marketing Communication Manager

Voßkuhlstraße 63, 42555 Velbert

Tel.: +49 2052 910-457

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