Naturally Advanced Technologies Reports First Quarter 2009 Results



    PORTLAND, OR, May 15 /CNW/ - Naturally Advanced Technologies Inc. (NAT,
OTCBB: NADVF, TSXV: NAT), reported results for its first quarter ended March
31, 2009.
    "The first quarter results reflect our strategy to wind down our historic
apparel business, HTnaturals, as we move into the next phase of our business
plan for CRAILAR(R)," stated Ken Barker, NAT's CEO. "We expect to complete the
exit in the third quarter of 2009, as our CRAILAR activities continue to take
precedence as the most attractive opportunity for improving shareholder
value."
    "The successful results of our trials with potential partners have paved
the way for continued progress on agreements to bring Organic Fibers and
Advanced Materials technologies to market. Our resources are now focused on
the commercialization of our CRAILAR technology, which will enable large scale
production of industrial hemp and other bast fibers as a substitute for
traditional cotton and wood pulp applications. Our goal is to begin generating
revenue streams from CRAILAR in 2009," Barker concluded.
    For the first quarter ended March 31, 2009, HTnaturals posted sales of
approximately $270,000, compared to $954,000 in the first quarter of 2008. For
the first quarter ended March 31, 2009, net loss was $768,000, which includes
$87,000 of research and development for the CRAILAR technology platform and
$142,000 of stock-based compensation, as compared to the 2008 first quarter
net loss of $550,000, which included $153,000 of research and development for
the CRAILAR technology platform and $89,000 of stock-based compensation. Net
loss was $0.02 per share for both periods.

    About Naturally Advanced Technologies, Inc.

    Naturally Advanced Technologies Inc. is committed to unlocking the
potential of renewable and environmentally sustainable biomass resources from
hemp and other bast fibers. The Company, through its wholly owned subsidiary,
Crailar Fiber Technologies Inc., is developing proprietary technologies 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 natural, bast fibers such as hemp and
flax, resulting in increased performance characteristics for use in textile,
industrial, energy, medical and composite material applications. The Company
is also a 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,
the Company 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. See www.naturallyadvanced.com

    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: Investor Contact: Kirsten Chapman, Cathy
Mattison, Lippert/Heilshorn & Associates, (415) 433-3777,
ir@naturallyadvanced.com

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CRAiLAR Technologies Inc.

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