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8-K - CRAILAR TECHNOLOGIES INC | f8k06032014.htm |
Media Contact:
Jay Nalbach, CMO
(503) 387 3941
pr@crailar.com
Georgia-Pacific Exercises Material Supply Agreement Extension with CRAiLAR Technologies
Portland, Ore.
(June 3, 2014) - CRAiLAR Technologies Inc. (TSXV: CL) (OTCQB: CRLRF), which produces and markets CRAiLAR(R) Flax fiber The Friendliest Fiber On The Planet(TM), today announced that Georgia-Pacific has exercised its option to extend its Material Supply Agreement with CRAiLAR. The extension provides Georgia-Pacific with exclusivity to use CRAiLAR fibers in non-woven products through December 2021."We are very humbled by this vote of confidence, and we look forward to continuing our product collaboration with GP" said Ken Barker, CEO.
About CRAiLAR Technologies Inc.
CRAiLAR(R) Technologies Inc. offers cost-effective and environmentally sustainable natural fiber in the form of flax, hemp and other bast fibers for use in textile, industrial, energy, medical and composite material applications. Produced using a fraction of water and chemical inputs compared with other natural fibers, CRAiLAR Flax is the newest natural fiber introduction to the market in decades. The Company supplies its CRAiLAR fibers to IKEA, Georgia-Pacific, HanesBrands, Tuscarora Yarns, Target Corp., Cone Mills, Cotswold Industries and Kowa Company for commercial use, and to Levi Strauss & Co., Ashland, PVH Corp. and Lenzing for evaluation and development. The Company was founded in 1998 as a provider of environmentally friendly, socially responsible clothing. For more information, visit www.crailar.com.
Safe Harbor Statement
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.
Investor Relations Contact:
Genesis Select Corp:
Matthew Selinger, Principal
303-415-0200
mselinger@genesisselect.com
Budd Zuckerman, President
bzuckerman@genesisselect.com
CRAiLAR:
Ted Sanders, CFO
(503) 387 3941
ir@crailar.com
Media Contact:
Jay Nalbach, CMO
(503) 387 3941
pr@crailar.com
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