PORTLAND, Ore., April 10 /PRNewswire-FirstCall/ -- Naturally Advanced Technologies (NAT) (OTC Bulletin Board: NADVF.OB), the leading provider of sustainable, environmental fibers and fabrics such as hemp, bamboo, organic cotton and soy through its HT Naturals brand, today announced preliminary sales and gross profit results for its 2007 first quarter ended March 31, 2007 -- citing record numbers in the Company's history. For the first quarter, the Company posted sales of $600,000, up 110% and gross profit of $200,000, up 185%. Same quarter 2006, the Company posted sales at $285,194 with same quarter 2006 gross profit posted at $70,155. The skyrocketing quarterly sales and gross profit is credited to shipping 67,000 HT Naturals units as a result of an aggressive and targeted corporate and private label sales strategy. As well, the Company entered into an agreement with the Starbucks Coffee Company as an alliance for the "My Starbucks" T-Shirt program. The national program encouraged Starbucks customers to wear their favorite drink on specially created T-Shirts by celebrity designer, Mychael Knight, designed on 12,500 HT Naturals 100% certified organic cotton blend shirts. "Our record breaking results for Q1 continue to validate our improvement in design, development, sourcing and go-to market strategies," said Ken Barker, CEO, Naturally Advanced Technologies. "We expect the momentum from results in Q1 to continue throughout the remainder of the year." Naturally Advanced Technologies prepares to move into beta trials of their biotech enzyme process, Crailar(TM) in mid April, 2007, with the intention of producing a new standard of hemp fiber. NAT Crailar development is in collaboration with The Alberta Research Council and the National Research Council of Canada. About Naturally Advanced Technologies, Inc Naturally Advanced Technologies Inc. (OTC Bulletin Board: NADVF.OB), is the leading provider of sustainable, environmentally-friendly fibers and fabrics as well as bast fiber enzymatic processes(TM). The company was founded in 1995 in response to the growing demand for environmentally friendly, socially responsible clothing and has evolved into two operating entities: HT Naturals and Crailar(TM) Fiber Technologies. NAT respects human rights of employees, the environmental impact of the company's operations and fiscal responsibility to its shareholders. www.naturallyadvanced.com Safe Harbor Statement This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Exchange Act of 1934 and the provisions of the Private Securities Litigation Reform Act of 1995 and is subject to safe harbor created by these sections. Actual results may differ materially due to a number of risks, including, but not limited to, technological and operational challenges, needs for additional capital, changes in consumer preferences, risks associated with: market acceptance and technological changes; dependence on manufacturing and material supplies providers; international operations; and competition. Contact: Cheryl Roth OrganicWorks Marketing 212.253.0474 Cheryl@organicworksmarketing.com
SOURCE Naturally Advanced Technologies, Inc.