Naturally Advanced Technologies Names Tom Robinson Chief Operating Officer
07 September 2011 - 2:55PM
PR Newswire (Canada)
VANCOUVER, and PORTLAND, OR, Sept. 7, 2011 /CNW/ -- Co-Founder
Jason Finnis Named Chief Innovation Officer VANCOUVER, and
PORTLAND, OR, Sept. 7, 2011 /CNW/ - Naturally Advanced Technologies
Inc. (the "Company") (OTCBB: NADVF) (TSXV: NAT) announced the
appointment of Thomas C. Robinson, a 27 year veteran of the
textiles industry, as its Chief Operating Officer. Robinson joins
the company from International Textile Group (ITG), where he was
most recently Vice President of Cotton Operations Planning and
Technical Support in the company's apparel division. Robinson's
appointment coincides with NAT's imminent plan to establish a
permanent production facility in Kingstree, S.C. that will replace
its testing facility established there in August 2010. Jason
Finnis, co-founder and immediate past COO, will become Chief
Innovation Officer, responsible for innovation of sustainable bast
fibers, cellulose pulp, and their resulting by-products. "Tom is an
excellent organizational fit for NAT whose appointment comes at a
strategic time for the company," said Ken Barker, CEO of NAT. "He
will assume leadership of our manufacturing facility currently in
development, and brings with him experience launching four
international manufacturing platforms. Tom's presence will allow us
to advance current and future development and purchasing agreements
with global partners." Robinson began his textiles career in 1984
with Burlington Industries, the leading full service apparel
solutions organization for apparel manufacturers and retailers.
From 1984 to 2004 he held a number of leadership roles for the
company, culminating in Executive Vice President of Manufacturing
and Operations Planning. His experience included greenfield startup
manufacturing facilities, as well as oversight of multi-plant
operations throughout the U.S., China, Mexico, India, Vietnam and
Nicaragua. ITG later purchased Burlington Industries to become one
of its six current companies, and positioned it alongside Cone
Mills, one of the premier denim manufacturers and wholesalers in
the world. In 2004, Robinson became Vice President of Operations
Planning and Customer Support at Cone, where he was responsible for
global denim operations planning, customer service, technical
product development and quality control. He played a key operations
role in the integration of Burlington Industries and Cone Mills as
they each became part of ITG. Robinson brings to NAT deep textiles
experience with a focus on understanding the performance and
customer impact of natural fibers in the spinning, weaving and
knitting process. He will be NAT's senior-most executive
permanently located in the Eastern U.S., where it plans to install
a fully integrated flax fiber decortication and CRAiLAR enzymatic
processing facility with the capacity to produce 650,000 pounds of
CRAiLAR Flax fiber per week. It expects to be ready to commence
production in Q1 of 2012, ramping up to full-scale capacity by Q2.
Robinson is a 3rd generation textile industry veteran with a BA in
economics and business from North Carolina State University, and an
Executive Program Certificate from University of North Carolina.
Finnis, co-founder and now CIO, will increase his focus upon NAT's
deep relationships with research partners, including Canada's
National Research Council, United States Department of
Agriculture's Agricultural Research Service (USDA - ARS), and
partners like HanesBrands. This newly created role will focus on
ways to improve NAT's processing techniques, throughput
efficiencies, and yield. Last week, NAT announced the addition of
Jay Nalbach as Chief Marketing Officer. Nalbach joined the company
from adidas Group AG. 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. It has current purchasing or development
agreements with HanesBrands, Georgia-Pacific, Levi Strauss &
Company, Cintas Corporation and Ashland Inc. 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.
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-K, Form 10-Q 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. To view this
news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/September2011/07/c8976.html
p bMedia Contact:/bbr/ Ryan Leverenzbr/ Lew Leverenz Associatesbr/
(415) 999-1418br/ a
href="mailto:ryan.leverenz@gmail.com"ryan.leverenz@gmail.com/a /p p
bInvestor Contact:/bbr/ Rick Anguillabr/ Guidance Counselbr/ (503)
820-3565br/ a
href="mailto:ir@naturallyadvanced.com"ir@naturallyadvanced.com/a /p
p bCorporate Officer:/bbr/ Guy Prevostbr/ CFObr/ (866) 436.7869br/
a href="mailto:ir@naturallyadvanced.com"ir@naturallyadvanced.com/a
/p
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