The Company has entered into collaborative research and development agreements with the National Research Council, Canada ("NRC") and the Alberta Innovates - Technologies Futures (AITF) for the engineering, processing and production of bast fibers including hemp and flax. To date, approximately CDN$1.9 million has been invested in the Company's CRAiLAR® technology with an additional CDN$2.5 million in expenditures directed toward ongoing R&D.

The NRC is a Government of Canada research and development organization with over 25 technology centers employing over 4,000 people and an annual budget of more than CDN$800 million. With a 90-year history, the NRC's mandate is to provide substantial resources to help Canada become one of the world's top five R&D performers by 2010. The NRC supports the growth of Canadian industry through collaboration with domestic and foreign universities, companies and public and private sector organizations in the areas of health, climate change, the environment, and clean energy. www.nrc-cnrc.gc.ca

Alberta Innovates - Technology Futures (AITF) is new organization that is transforming the way research and innovation happens in Alberta. Through collaborative processes AITF assists researchers and businesses in bringing their ideas from bench to market.

Through the wealth of knowledge gained from its heritage organizations, Alberta Innovates - Technology Futures is evolving its expertise to meet the challenges of tomorrow while creating a simple way for its stakeholders to access the resources they need today. Working with AITF gives you access to 110 years of innovation expertise. This experience can help you with your funding, business development, testing and commercialization needs.

Find out more about how Alberta Innovates - Technology Futures can assist you.

www.albertatechfutures.ca