OrganoWood signs general agreement with Finnish S-group


Press release issued by OrganoClick AB (publ) on 23 March 2015

OrganoClick’s daughter company OrganoWood markets and supplies eco-labeled fire
protected and durable wood and wood treatment products. During 2014, initial
test sales were performed in Finland through 6 units within Kodin Terra, a
Finnish building supplier chain which is part of the larger S-group.  OrganoWood
and the S-group now enter into a general agreement under which OrganoWood’s
products will be supplied through the S-groups 27 units throughout Finland.
OrganoWood AB, a daughter company to OrganoClick AB (publ) and Kvigos AB,
supplies and markets since 2012 OrganoWood®- a durable and fire protected wooden
material. The wood is a perfect replacement to the standard pressure impregnated
wood, treated with heavy metals and biocides and used in e.g. timber decking,
fences, etc. The wood is environmentally labeled and is recommended by Swedish
”Byggvarubedömningen”. OrganoWood®-modified wood was 2014 awarded with Nordbyggs
gold medal for ”Hottest building material of the year”. The company’s wood
protection product is first-in-class to become eco-labeled by the Swedish
Society of Nature Conservation as “Good environmental choice”.

The S-group is one of Finland’s largest group of specialized stores. The
hardware stores in the S-group are divided in the three units Kodin Terra, S
-rauta and Rauta-Prisma with a total of 27 stores all over the country.

During 2014, test sales were initiated in six stores within the Kodin Terra
unit. A general agreement has now been entered with the S-group for reselling of
OrganoWood’s products throughout the whole group.

”The general agreement with the S-group is an important step in our Finnish
market launch. To have a broad geographical network of resellers in every
country is key in order to get a good return on our marketing activities”, says
Jens Hamlin, Managing Director at OrganoWood.

For more information, please contact:

Mårten Hellberg, OrganoClick at marten.hellberg@organoclick.com or 08-684 001 10
About OrganoClick

OrganoClick AB (publ) is a public Swedish cleantech company listed on Nasdaq
First North that 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
World Wildlife Fund (WWF) "Climate Solver" award and has also appeared 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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