- Partnerships driving commercialization of sustainable Crailar Organic
Fibers technology -
PORTLAND, OR, Aug. 11 /CNW/ - Naturally Advanced Technologies Inc. (NAT,
OTCBB: NADVF, TSXV: NAT), a company committed to unlocking the potential of
renewable and environmentally sustainable biomass resources from hemp and
other bast fibers, will hold an interactive webcast slide presentation and
conference call today, August 11 at 10:00 a.m. PT/1:00 p.m. ET. Ken Barker,
chief executive officer, will provide an update on recent corporate
developments followed by a question and answer session.
"In the past 50 days, NAT has executed on four major milestones to propel
the adoption of our breakthrough Crailar(R) Fiber Technology platform to
commercial scale," said Barker. "During our call, we will review these
milestones and share our plans to bring Crailar's stream of value added
products to market using industry leading partnerships with Hanesbrands Inc.
and Georgia-Pacific Consumer Products, as well as through our manufacturing
agreement with G.J. Littlewoods & Son and spinning and trademark agreement
with Patrick Yarns.
Event details follow:
- To view the slide presentation and participate via the web, you may
pre-register at: http://www.naturallyadvanced.com/s/Investors.asp.
- To participate via telephone, please dial 866-454-4209, or 913-312-
9305 for international callers at least 5-10 minutes before the
presentation start time. The passcode is number sign 9484209.
- If you are unable to participate during the live webcast and call, it
will be available for replay for 90 days at
http://www.naturallyadvanced.com/s/Investors.asp. The telephone
replay will be available until midnight Eastern Time, August 13, 2009
by dialing 888-203-1112, or 719-457-0820 for international callers,
and entering passcode number sign 9484209.
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
was founded in 1998 as a provider of environmentally friendly, socially
responsible clothing and 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
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 www.sec.gov. 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,