Naturally Advanced Technologies Names Scott Staff to its Board of Directors
05 Februar 2012 - 8:54PM
PR Newswire (Canada)
VICTORIA, B.C. and PORTLAND, OR, Feb. 7, 2012 /CNW/ - Naturally
Advanced Technologies Inc. (NAT) , which produces and markets
CRAiLAR® natural fibers, announced today the appointment of Scott
Staff, 46, as a new member of its Board of Directors, bringing the
total membership of the Board to nine. Mr. Staff serves as the
Director of Business Development for Perkins Coie, an international
law firm with 18 offices and more than 800 lawyers. He leads the
firm's business development strategy, and oversees its client
service interview, client service and industry teams programs. Mr.
Staff joined Perkins Coie in 2004 and currently works out of the
Seattle office. Mr. Staff is on the boards of advisors of DNA
Response Inc. and Rouxbe Video Technologies. He regularly
volunteers in youth sports and education as both a fundraiser and
coach. Mr. Staff earned his BA from Lewis and Clark College in 1987
and graduated from Lewis and Clark Law School in 1991. He served in
senior administrative positions at the law school after graduation,
including assistant dean for development and external
relations. In 1997, Mr. Staff was appointed vice-president for
college relations for Lewis and Clark College. "Scott is a uniquely
talented individual who has the intelligence and passion to make a
lasting impact upon the people and companies he interacts with, so
he will fit right in," said Ken Barker, CEO of NAT. "We are excited
about what his professional and personal experience brings to our
Board as we move toward commercialization of CRAiLAR Flax fiber
through some of the world's largest brands." "I am honored to be
appointed to the NAT Board of Directors. I have known Ken Barker
for several years and am impressed with his vision for NAT and the
quality team he has assembled to execute that vision. NAT is poised
to commercialize its technology in several exciting ways." At the
time of his appointment, Mr. Staff was issued 25,000 options in the
company at OTCBB $1.91. 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® 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. 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. SOURCE Naturally Advanced Technologies
Inc. Image with caption: "Scott Staff, Director of Business
Development for Perkins Coie, appointed a director of Naturally
Advanced Technologies (CNW Group/Naturally Advanced Technologies
Inc.)". Image available at:
http://photos.newswire.ca/images/download/20120207_C9958_PHOTO_EN_9734.jpg
Naturally Advanced Technologies Inc. CONTACT: Media Contact:Ryan
LeverenzNaturally Advanced Technologies(415)
999-1418ryan.leverenz@naturallyadvanced.comInvestor Contact:Rick
AnguillaGuidance Counsel(503)
820-3565ir@naturallyadvanced.comCorporate Officer:Guy
PrevostCFO(866) 436-7869ir@naturallyadvanced.com
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