paragon AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

paragon AG 07.02.2012 16:54 Dissemination of a Voting Rights Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- On February 07, 2012, Baden-Württembergische Versorgungsanstalt für Ärzte, Zahnärzte und Tierärzte, Tübingen, Deutschland has informed us according to Article 21, Section 1 of the WpHG that via shares its Voting Rights on paragon AG, Delbrück, Deutschland, have fallen below the 5% threshold of the Voting Rights on February 07, 2012 and on that day amounted to 4.81% (this corresponds to 198000 Voting Rights). 07.02.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: paragon AG Schwalbenweg 29 33129 Delbrück Germany Internet: www.paragon-online.de End of Announcement DGAP News-Service ---------------------------------------------------------------------------