March 2016

Promimic and Danco Anodizing in a Strategic Partnership

Promimic and Danco Anodizing in a Strategic Partnership

WARSAW, IN, USA AND GOTHENBURG, SWEDEN – MARCH 17, 2016. Promimic and Danco today signed a license agreement where Danco will invest in a production line for the HAnano Surface process developed by Promimic. Danco will be the preferred process partner for Promimic for the USA and China medical implant market.

Since 1971, Danco Anodizing has been meeting the needs of many diverse industries for technically superior surface treatments of machined parts, castings, extrusions and sheet metal products. Danco is approved by most major aerospace and medical corporations. Danco has been a leader in the processing of titanium, stainless steel, and aluminum parts for the orthopedic industry since 1992.

“Our partnership with Promimic extends Danco’s commitment to our medical device customers in providing technically superior surface treatments,” said Dean Zentz, VP Operations Danco-Warsaw. “Danco is excited to be able to offer the HAnano Surface not only to our US customers, but also our customers in China.”

Promimic’s HAnano Surface represents a new era of implant surfaces, based on bio-mimicking synthetic bone minerals. The unique HAnano Surface is only 20 nanometers thin and is proven to improve and accelerate osseointegration in over 20 pre-clinical studies. Through its wet chemical process it can be applied to almost any implant material and shape improving the integration with bone. The HAnano Surface is already in clinical use on dental implants in Brazil.

“We’re excited to partner with Danco and I’m convinced that this will create a faster spread for our technology to implant companies both in USA and in China,” said Ulf Brogren, Promimic’s CEO. Danco has a long history in the industry and is the perfect partner with its background in chemical processes and anodizing. This will make it easier for our customer, giving them flexibility and a faster route to market.”

ABOUT Danco Anodizing, Inc.

Established in 1971 with headquarters in Arcadia, CA and supporting facilities in Ontario, CA, Santa Ana, CA, Warsaw, IN, and Changzhou, China, Danco provides technically superior surface treatments to many diverse industries, including the medical device industry. Danco-Warsaw and Danco-China are ISO 13485, and have extensive process validations to support customer and regulatory requirements. For more information about Danco Anodizing please visit our website: http://www.danco.net.

ABOUT PROMIMIC AB (publ)

Promimic, based in Gothenburg, Sweden, develops and markets products within nano-materials for innovative surface treatments. Promimic has developed a process that makes it possible to modify all types of implant materials and geometries with a nanometer-thin surface of synthetic bone minerals; HAnano Surface. The HAnano Surface is based on the substance hydroxyapatite (HA), which by size, shape, structure and chemistry mimics the living bone tissue. The surface has been shown to fasten and improve the anchoring of implants in bone. The innovative HAnano Surface is licensed to dental and orthopaedic implants companies. For more information about the company, please visit the web page: https://www.promimic.mkdev.nu.

Contact

Tel: +46 730 79 42 07 – Email: ulf.brogren@promimic.mkdev.nu

Dean Zentz, VP Operations, Danco Anodizing – Warsaw, Indiana; USA

Tel: 574-269-5900 – Email: Zentz@danco.net