Naturally Advanced Technologies Enters into Joint Development Agreement

    PORTLAND, OR, June 16 /CNW/ - Naturally Advanced Technologies Inc. (NAT,
OTCBB: NADVF, TSXV: NAT) and Georgia-Pacific Consumer Products LP (GP) entered
into a Joint Development Agreement to explore applications of technology
licensed by NAT from the National Research Council (Canada).

    About Georgia-Pacific

    Headquartered in Atlanta, Georgia-Pacific is one of the world's leading
manufacturers and marketers of tissue, packaging, paper, cellulose, building
products, and related chemicals. The company employs approximately 50,000
people at more than 300 locations in North America, South America and Europe.
For more information, visit

    About Naturally Advanced Technologies, Inc.

    Headquartered in Vancouver, BC, Naturally Advanced Technologies Inc. is
committed to unlocking the potential of renewable and environmentally
sustainable biomass resources from bast fibers. The company, through its
wholly owned subsidiary, Crailar Fiber Technologies Inc., is developing
proprietary technologies in collaboration with Canada's National Research
Council and the Alberta Research Council. For more information, visit

    Neither the TSX Venture Exchange nor any regulatory authority accepts
    responsibility for the adequacy or accuracy of this news release.

    Forward Looking Statement Disclaimer

    This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this news release, other than
statements of historical facts, are forward-looking statements.
Forward-looking statements or information are subject to a variety of risks
and uncertainties which could cause actual events or results to differ from
those reflected in the forward-looking statements or information and
including, without limitation, risks and uncertainties relating to: any market
interruptions that may delay the trading of the Company's shares,
technological and operational challenges, needs for additional capital,
changes in consumer preferences, market acceptance and technological changes,
dependence on manufacturing and material supplies providers, international
operations, competition, regulatory restrictions and the loss of key
employees. In addition, the Company's business and operations are subject to
the risks set forth in the Company's most recent Form 10-KSB, Form 10-QSB and
other SEC filings which are available through EDGAR at These are
among the primary risks we foresee at the present time. The Company assumes no
obligation to update the forward-looking statements.

For further information:

For further information: Investor Contact: Kirsten Chapman, Cathy
Mattison, Lippert, Heilshorn & Associates, (415) 433-3777,; Media Contact: Jules Abraham, Lippert, Heilshorn &
Associates, (212) 838-3777,

Organization Profile

CRAiLAR Technologies Inc.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890