OrganoClick signs distribution agreement for the Chinese textile market


OrganoClick AB (publ) has signed a distribution agreement for its textile
functional additives for the Chinese market. Under the agreement, OrganoClick's
durable water repellent (DWR) that is used for the production of OrganoTex®,
will be sold and marketed in China by the distributor Shanghai Amazingtex
Trading Co, Ltd which has a broad customer network, in particular in the
Shanghai-region.

OrganoClick has since last spring focused on setting up collaborations with
local distributors on the Chinese, Taiwanese, South Korean and Japanese market.
Approximately 77 % of the worlds production of functional textiles is made in
these countries. China is the dominant player with more than 15.000 textile
factories.

The Shanghai region is one of the most important textile regions in China with
approximate 3.000 textile factories. The non-exclusive distribution agreement
that has been signed with Shanghai Amazingtex Trading Co, Ltd is for
distribution in China but with focus on the Shanghai region. Amazingtex will
sell and market OrganoClick's products and distribute the products to the
textile factories from its own stock and warehouse in Shanghai. They will also
provide technical support to the factories.

"This is a first important step for us in our ambition to get a good
geographical distribution of our textile products and technologies on the Asian
textile market. Currently, we supply two factories directly from Sweden which
makes the transport cost high and the delivery time long. In order to get a high
market penetration fast we need to work with several local distribution partners
with strong sale forces and good customer networks. The cooperation that now
starts with Shanghai Amazingtex Trading Co, Ltd is a good first step for us in
Asia. We will now continue our work to set up distribution networks in Taiwan,
South Korea and Japan", says Mårten Hellberg, CEO OrganoClick.

For more information, please contact; Mårten Hellberg, CEO OrganoClick

Phone: +46 8 684 001 10

Email: marten.hellberg@organoclick.com

About OrganoClick

OrganoClick AB (publ) is a public Swedish cleantech company listed on Nasdaq
First North. The company develops, produces and markets functional materials
based on environmentally friendly fiber chemistry. Examples of products that are
marketed by OrganoClick are the water repellent fabric treatment OrganoTex®, the
flame and rot-resistant timber OrganoWood® and biocomposite materials.
OrganoClick was founded in 2006 as a commercial spin-off company based on
research performed at Stockholm University and the Swedish University of
Agricultural Sciences within environmentally friendly fiber chemistry.
OrganoClick has won a number of prizes, such as "Sweden's Most Promising Start
-up" and "Sweden's Best Environmental Innovation", and has also received a
number of awards, such as the WWF "Climate Solver" award and has also appeared
for two years on the Affärsvärldens and NyTekniks list of Sweden's top 33
hottest technology companies. OrganoClick has its head office, production and
R&D located in Täby, north of Stockholm. OrganoClick's Certified Adviser on
Nasdaq First North is Pareto Securities AB.

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