Naturally Advanced Technologies Appoints Miljenko Horvat as Chairman



    PORTLAND, OR, Oct. 22 /CNW/ - Naturally Advanced Technologies Inc. (the
"Company") (OTCBB: NADVF) is pleased to announce the appointment of Mr.
Miljenko Horvat as non-executive Chairman of the Board of Directors, effective
immediately.
    Mr. Horvat has over twenty years experience in investment banking and
private equity. He is President of Horvat Capital Corp., an investment firm
sourcing Canadian leveraged buyout transactions on behalf of The Riverside
Company, a New York headquartered private equity firm with over US$1.7 billion
under management. Previously, Mr Horvat was the President and Chief Executive
Officer of NewspaperDirect, Inc. a New York/Vancouver print-on-demand internet
newspaper. Mr. Horvat's prior experience includes Managing Director at
Citicorp, Russia Direct Equity, and at Citibank, Russia, where he established
Citibank's commercial banking operations in Russia. Mr. Horvat is a member of
the Advisory Board of the Maurice Young Center for Entrepreneurship at the
Sauder School of Business, University of British Columbia. He earned an M.A.
in International Relations at Yale University and a B.A. in Political Science
from Zagreb University.
    Mr. Horvat has been a member of the Company's Board of Directors since
July 11, 2006, and replaces non-executive Chairman, Mr. Jerry Kroll, who will
remain as a non-executive Director of the Board. On behalf of the Company, the
Board wishes Mr. Kroll all the best and thanks him for his invaluable
contribution.

    ABOUT Naturally Advanced Technologies, Inc.

    Naturally Advanced Technologies Inc. ("NAT" or the "Company") is
committed to unlocking the potential of renewable and environmentally
sustainable biomass resources from hemp and other bast fibers. NAT, through
its wholly owned subsidiary CRAILAR(R) Fiber Technologies Inc., is developing
proprietary technology for production of bast fibers, cellulose pulp, and
their resulting by products, in collaboration with Canada's National Research
Council and the Alberta Research Council. CRAILAR(R) technology offers
cost-effective and environmentally sustainable processing and production of
bast fibers such as hemp and flax, resulting in advanced performance
characteristics for use in textiles, industrial, energy, medical and composite
materials industries. The Company is also a leading provider of sustainable,
environmentally friendly fibers and fabrics through its apparel division
HTnaturals. Founded in 1998 in response to the growing demand for
environmentally friendly, socially responsible clothing, NAT adheres to a
"triple bottom line" philosophy, respecting the human rights of employees, the
environmental impact of the Company's operations and fiscal responsibility to
its shareholders.

    Safe Harbor Statement

    This release may contain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, Section 21E of the Exchange Act of
1934 and the provisions of the Private Securities Litigation Reform Act of
1995 and is subject to safe harbor created by these sections. Actual results
may differ materially due to a number of risks, including, but not limited to,
technological and operational challenges, needs for additional capital,
changes in consumer preferences, risks associated with: market acceptance and
technological changes; dependence on manufacturing and material supplies
providers; international operations; and competition.





For further information:

For further information: Kenneth C. Barker, Chief Executive Officer,
Naturally Advanced Technologies, Inc., Ph. (604) 255-5005,
info@naturallyadvanced.com

Organization Profile

CRAiLAR Technologies Inc.

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