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| 8-K - CRAILAR TECHNOLOGIES INC | f8k02222012.htm |
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PRESS RELEASE
For Immediate Release Naturally Advanced Technologies Named to the 2012 TSX Venture 50 Ranked 4th in the Clean Tech Sector
Victoria, B.C. and Portland, Ore. (February 22, 2012) - Naturally Advanced Technologies Inc. ("NAT" or the "Company") (TSXV: NAT) (OTCBB: NADVF), which produces and markets CRAiLAR(R), a natural fiber made from flax and other bast fibers, announced that TSX Venture Exchange has named the Company to its 2012 TSX Venture 50, a list assembled based on quantitative measurement of top performing publicly traded companies on the Toronto Stock Exchange (TSX). NAT was ranked fourth in Clean Tech sector.The 2011 TSX Venture 50 is comprised of ten companies from each of five sectors: Clean Technology, Mining, Oil & Gas, Diversified Industries, and Technology & Life Sciences. The companies were chosen based on the following criteria with equal weight: share price appreciation, market capitalization growth, trading volume, and analyst coverage. "It is a testament to the team and to our partners that we maintained a position among the TSX Venture 50 for the second consecutive year," said Guy Prevost, CFO of NAT. "The past year saw several significant milestones that laid the foundation for the future of NAT, and we anticipate being able to deliver additional milestones in the coming year that will continue to allow the company to make an impact in the world of natural fibers." The company's performance against TSX Venture 50 criteria for the period closing December 2010 to closing December 2011 included:
NAT has developed the CRAiLAR process, which successfully removes the binding agents from flax that contribute to its stiff texture, and produces a fiber that has both the tensile strength and performance benefits of flax, and the comfort qualities of cotton. About Naturally Advanced Technologies Inc. Naturally Advanced Technologies Inc. develops renewable and environmentally sustainable biomass resources from flax, hemp and other bast fibers. The Company, through its wholly owned subsidiary, CRAiLAR(R) Fiber Technologies Inc., has developed proprietary technologies for production of bast fibers, cellulose pulp, and their resulting by-products in collaboration with Canada's National Research Council. CRAiLAR technology offers cost-effective and environmentally sustainable processing and production of natural, bast fibers 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. For more information, visit www.naturallyadvanced.com. Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
# # # Media Contact: Naturally Advanced Technologies (415) 999-1418 ryan.leverenz(at)naturallyadvanced(dot)com Investor Contact: Corporate Officer:
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