ANN ARBOR, Mich., Sept. 22, 2015 (GLOBE NEWSWIRE) — Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) (“Company”), the leading developer of advanced spider silk based fibers, announced today that the Company was named as a finalist in three categories for Internationale Textilmaschinen Ausstellung’s (“ITMA”) Future Materials Awards 2015.
“I would like to thank ITMA, the world’s largest international textile machinery exhibition, for recognizing our technology and efforts, and congratulate the other finalists for making the shortlist. We are excited to once again be recognized by the ITMA for our technology and our contributions to the industry. I believe that the recognition by the ITMA for the ‘Most innovative small company’, ‘Best innovation, protective textile’, and ‘Best innovation, sustainable textile’ categories is a testament to the continued effort of our team, our technology and our shareholders. We look forward to the announcement of the winners in November,” said Kraig CEO and founder, Kim K. Thompson.
“We are grateful for the recognition by ITMA of our successes and the investments of our team and our shareholders in creating high performance, sustainable, petroleum-free fibers. Our team continues to demonstrate that it is possible to deliver best in class material performance without compromising environmental responsibility. I am honored to be part of this legacy of work and its impact on the textile industry,” said Kraig COO, Jon Rice.
Further ITMA Future Materials Awards 2015 information can be viewed at the following link: www.futurematerialsawards.com
Further ITMA information can be viewed at the following link: www.cematex.com/whatisitma.cfm
About Kraig Biocraft Laboratories, Inc.
Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a fully reporting biotechnology company is the leading developer of genetically engineered spider silk based fiber technologies. The Company has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry.
Cautionary Statement Regarding Forward Looking Information
Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.
CONTACT: Ben Hansel, Hansel Capital, LLC. (720) 288-8495 ir@KraigLabs.com