Naturally Iowa, Inc. Enters Final Stages of Acquisition of PLA Supply Company: PLA Supply Company Will Become Wholly Owned Subsidiary Under Terms of Agreement

Nov 27, 2007, 00:00 ET from Naturally Iowa, Inc.

    CLARINDA, Iowa, Nov. 27 /PRNewswire-FirstCall/ -- Naturally Iowa, Inc.
 (Pink Sheets:   NLIA) announced today that it is in the final stages of the
 planned acquisition of PLA Supply Company. "This is a giant step forward
 for Naturally Iowa", stated William Horner, President and CEO of Naturally
 Iowa, Inc. "This acquisition will secure our leadership position in
 pioneering innovative dairy containers derived from 100% annually renewable
 resources such as corn, as opposed to traditional petroleum based plastic
 products. With oil prices approaching $100 per barrel, Naturally Iowa's
 acquisition of PLA Supply Company is even more relevant today than when the
 two companies began working together several years ago. It is time that
 businesses in the U.S. looked very seriously at alternatives that are good
 for the earth."
 
     "This acquisition also gives Naturally Iowa the opportunity to work
 with other dairy and beverage companies in providing them with sustainable
 bottles made from corn as well and providing them with preforms, blow
 molding equipment and the technology required to operate in their
 facilities," Horner continued. "Naturally Iowa is now the beneficiary of
 thousands of hours of research and development performed by PLA Supply
 Company, which allows us to take the corn starch resin from resin to fully
 IMS Approved bottle, allowing Naturally Iowa to be a worldwide leader in
 renewable packaging for dairy. We believe that this is an enormous
 potential revenue source for the Company, given the growing consumer
 interest in sustainable packaging. With the acquisition of 100% of the
 assets of PLA Supply Company, Naturally Iowa, Inc. will acquire all rights
 to the PLA Supply Company contract with Natureworks LLC, a dedicated
 factory space in Waverly, Nebraska for the production of PLA preforms, and
 a long-term contractual relationship with Norland International to supply
 PLA bottle-blowing equipment to other beverage producers. As consumer
 demand increases for environmentally-friendly, sustainable packaging in the
 dairy industry, Naturally Iowa will be uniquely well positioned to benefit
 from that trend."
 
     Naturally Iowa, Inc. (http://www.naturallyiowa.com) operating through
 its wholly-owned subsidiary, Naturally Iowa, LLC, is a fully certified
 organic dairy processor that produces organic and all-natural fluid milk,
 ice cream and drinkable yogurt. Naturally Iowa distinguishes itself from
 other dairy processors and producers by offering the highest quality
 organic and all-natural dairy products packaged in an
 environmentally-friendly, sustainable container that completely biodegrades
 in 60 to 100 days in an industrial compost facility.
 
     To keep track of all of the latest developments with Naturally Iowa,
 visit our web site at http://www.naturallyiowa.com.
 
     About Naturally Iowa, Inc.
 
     Naturally Iowa, Inc., (http://www.naturallyiowa.com), operating through
 its wholly-owned owned subsidiary, Naturally Iowa, LLC, processes and
 produces organic and all-natural dairy products. The Company's main product
 lines are organic and all-natural fluid milk, ice cream and drinkable
 yogurt. Naturally Iowa, LLC was founded in 2003 by William Horner and Steve
 Williams, who partnered to provide an opportunity for family operated dairy
 farms to make a comeback by adding value to their product. Wishing to place
 their dairy products in containers that would not harm the environment,
 Naturally Iowa found a revolutionary type of plastic made from corn that
 biodegrades in a commercial composting facility. Naturally Iowa, LLC
 developed a working partnership with Natureworks, LLC, and became the
 world's first and only dairy to use Natureworks(R) PLA bottling. The
 acronym PLA stands for "Polylactic Acid." This substance represents the
 final step in a process, engineered by Natureworks, which utilizes
 all-natural ingredients from corn to create a compostable material. Organic
 milk in PLA bottles landed on grocery store shelves in October, 2005.
 Naturally Iowa, Inc. operates its state-of-the-art 28,000 sq. foot dairy
 processing facility in Clarinda, Iowa.
 
     THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS."
 FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES,
 GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS,
 FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED)
 ASSUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS.
 THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE
 GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT. ACTUAL EVENTS OR RESULTS
 MAY DIFFER MATERIALLY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT
 OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED
 TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, THE ACQUISITION OF PLA
 SUPPLY COMPANY, INC., OUR COMPARATIVELY LIMITED FINANCIAL RE

SOURCES, THE EXTENT TO WHICH MARKET TRENDS MAY CONTINUE, OUR STATUS AS A NEW PUBLIC COMPANY, AND THE UNCERTAINTIES OF COMPETITIVE PRESSURES WE FACE. THESE OR OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS INDICATED OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE SUCH STATEMENTS.

SOURCE Naturally Iowa, Inc.
    CLARINDA, Iowa, Nov. 27 /PRNewswire-FirstCall/ -- Naturally Iowa, Inc.
 (Pink Sheets:   NLIA) announced today that it is in the final stages of the
 planned acquisition of PLA Supply Company. "This is a giant step forward
 for Naturally Iowa", stated William Horner, President and CEO of Naturally
 Iowa, Inc. "This acquisition will secure our leadership position in
 pioneering innovative dairy containers derived from 100% annually renewable
 resources such as corn, as opposed to traditional petroleum based plastic
 products. With oil prices approaching $100 per barrel, Naturally Iowa's
 acquisition of PLA Supply Company is even more relevant today than when the
 two companies began working together several years ago. It is time that
 businesses in the U.S. looked very seriously at alternatives that are good
 for the earth."
 
     "This acquisition also gives Naturally Iowa the opportunity to work
 with other dairy and beverage companies in providing them with sustainable
 bottles made from corn as well and providing them with preforms, blow
 molding equipment and the technology required to operate in their
 facilities," Horner continued. "Naturally Iowa is now the beneficiary of
 thousands of hours of research and development performed by PLA Supply
 Company, which allows us to take the corn starch resin from resin to fully
 IMS Approved bottle, allowing Naturally Iowa to be a worldwide leader in
 renewable packaging for dairy. We believe that this is an enormous
 potential revenue source for the Company, given the growing consumer
 interest in sustainable packaging. With the acquisition of 100% of the
 assets of PLA Supply Company, Naturally Iowa, Inc. will acquire all rights
 to the PLA Supply Company contract with Natureworks LLC, a dedicated
 factory space in Waverly, Nebraska for the production of PLA preforms, and
 a long-term contractual relationship with Norland International to supply
 PLA bottle-blowing equipment to other beverage producers. As consumer
 demand increases for environmentally-friendly, sustainable packaging in the
 dairy industry, Naturally Iowa will be uniquely well positioned to benefit
 from that trend."
 
     Naturally Iowa, Inc. (http://www.naturallyiowa.com) operating through
 its wholly-owned subsidiary, Naturally Iowa, LLC, is a fully certified
 organic dairy processor that produces organic and all-natural fluid milk,
 ice cream and drinkable yogurt. Naturally Iowa distinguishes itself from
 other dairy processors and producers by offering the highest quality
 organic and all-natural dairy products packaged in an
 environmentally-friendly, sustainable container that completely biodegrades
 in 60 to 100 days in an industrial compost facility.
 
     To keep track of all of the latest developments with Naturally Iowa,
 visit our web site at http://www.naturallyiowa.com.
 
     About Naturally Iowa, Inc.
 
     Naturally Iowa, Inc., (http://www.naturallyiowa.com), operating through
 its wholly-owned owned subsidiary, Naturally Iowa, LLC, processes and
 produces organic and all-natural dairy products. The Company's main product
 lines are organic and all-natural fluid milk, ice cream and drinkable
 yogurt. Naturally Iowa, LLC was founded in 2003 by William Horner and Steve
 Williams, who partnered to provide an opportunity for family operated dairy
 farms to make a comeback by adding value to their product. Wishing to place
 their dairy products in containers that would not harm the environment,
 Naturally Iowa found a revolutionary type of plastic made from corn that
 biodegrades in a commercial composting facility. Naturally Iowa, LLC
 developed a working partnership with Natureworks, LLC, and became the
 world's first and only dairy to use Natureworks(R) PLA bottling. The
 acronym PLA stands for "Polylactic Acid." This substance represents the
 final step in a process, engineered by Natureworks, which utilizes
 all-natural ingredients from corn to create a compostable material. Organic
 milk in PLA bottles landed on grocery store shelves in October, 2005.
 Naturally Iowa, Inc. operates its state-of-the-art 28,000 sq. foot dairy
 processing facility in Clarinda, Iowa.
 
     THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS."
 FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES,
 GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS,
 FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED)
 ASSUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS.
 THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE
 GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT. ACTUAL EVENTS OR RESULTS
 MAY DIFFER MATERIALLY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT
 OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED
 TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, THE ACQUISITION OF PLA
 SUPPLY COMPANY, INC., OUR COMPARATIVELY LIMITED FINANCIAL RESOURCES, THE
 EXTENT TO WHICH MARKET TRENDS MAY CONTINUE, OUR STATUS AS A NEW PUBLIC
 COMPANY, AND THE UNCERTAINTIES OF COMPETITIVE PRESSURES WE FACE. THESE OR
 OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE
 RESULTS INDICATED OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE
 UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE SUCH STATEMENTS.
 
 
 SOURCE Naturally Iowa, Inc.