paragon AG: Further major orders for automotive products

paragon AG / Contract Ad hoc announcement according to § 15 WpHG transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Delbrück, November 20, 2006 - paragon AG has received further major orders for its main Automotive division. A major German manufacturer will equip further luxury class vehicles with air quality sensors and instruments supplied by paragon. Moreover, the company has received its first major order for the supply of the Air Quality Conditioner (AQC), a new product for conditioning the quality of the air in the vehicle interior. The first current major order confirms the success of the cooperation between various business divisions. Starting in 2009, paragon will supply a newly developed variant of the AQS air quality sensor together with an instrument for the new platform. The second major order involves the Air Quality Conditioner (AQC) air quality conditioning system, which removes germs and bacteria at the vaporizer of the air conditioning system. Starting with the series 2009 around 250,000 vehicles per year will be equipped with this new product. In addition the Board of Directors confirms its forecast for the 2006 financial year. Based on the order backlog sales of more than € 110 million will be reached. At more than € 30 million sales in the fourth quarter will represent the highest quarterly sales in the company’s history. As expected, this will help to achieve disproportionately high operating earnings growth in the current quarter and bring a considerable jump in earnings. paragon AG Schwalbenweg 29 33129 Delbrück www.paragon-online.de ISIN: DE0005558696 Contact: Investor Relations Haubrok Investor Relations GmbH Michael Müller, Fabian Lorenz Phone: +49 211 30126-0/Fax: +49 211 30126-172 E-mail: office@haubrok.de DGAP 20.11.2006 ---------------------------------------------------------------------- Language: English Issuer: paragon AG Schwalbenweg 29 33129 Delbrück Deutschland Phone: +49 (0)5250 97 62 - 0 Fax: +49 (0)5250 97 62 - 60 E-mail: investor@paragon-online.de WWW: www.paragon-online.de ISIN: DE0005558696 WKN: 555869 Indices: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, München, Hamburg, Düsseldorf, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------