August 11, 2009 Naturally Advanced Technologies Holds Corporate Milestones Update Event Today at 1:00 pm ET
-Partnerships driving commercialization of sustainable CRAiLAR® Organic Fibers technology-
Portland, Oregon, August 11, 2009- 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® Fiber Technology platform to commercial scale," said Barker. "During our call, we will review these milestones and share our plans to bring CRAiLAR® 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.
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 #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 #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® 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 www.naturallyadvanced.com
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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.
