OrganoWood enters distribution agreement with Alanor.

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OrganoClick’s subsidiary OrganoWood has signed a general agreement with Alanor AS. The agreement regards sales and distribution of OrganoWood®s products for surface treatment of wood for the Norwegian market.

-          "Alanor is proud to be selected by OrganoWood to promote and distribute OrganoWood®'s environmentally friendly surface treatment products in Norway. Today Alanor supplies its products to all major wholesale platforms in Norway: Optimera, Løvenskiold, Farveringen, Jernia and Coop." says Audun Klauseie, CEO Alanor AS.

OrganoWood®s wood products have been manufactured and marketed in Sweden since 2011.

The OrganoWood® wood protection system consists of 3 products:

~        OrganoWood® 01. Protection: Rot & Flame protection.

~        OrganoWood® 02. Repellent: Super hydrophobic Dirt & Water repellent protection.

~        OrganoWood® 03. Cleaner: Organic Wood Cleaner.

OrganoWood®s wood products were the first wood products in Sweden to be awarded the Swedish Society for Nature Conservation environmental labelling "Good Environmental Choice".

Currently OrganoWood has distribution agreements for its wood protection system in many of the European countries. This has proven to be an expansion strategy that works very well.

-          "Today we sell OrganoWood®'s modified wood in Norway through retailers like Optimera, Byggmakker and Maxbo. It is important that we reach out as wide with our surface treatment products and through close cooperation with such a well-established distributor as Alanor, we are convinced that we will succeed." says Jens Hamlin, CEO OrganoWood AB.

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For more information, please contact:

Mårten Hellberg, CEO OrganoClick AB, Phone: +46 (0)8 684 001 10, Email: marten.hellberg@organoclick.com

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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®, green biocomposites branded OrganoComp®, biobinders for nonwoven materials and BIOkleen®s cleaning and maintenance products for house and home. 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 Erik Penser Bank.

The information in this press release contains information that OrganoClick AB (publ) is obliged to release according to the EU's market regulation law number 596/2014. The information was published, by Elisabet Heinrich, 9th of march 2018 at 15:15.

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OrganoClick’s subsidiary OrganoWood has signed a general agreement with Alanor AS. The agreement regards sales and distribution of OrganoWood®s products for surface treatment of wood for the Norwegian market.
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Audun Klauseie, CEO Alanor AS.
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Jens Hamlin, CEO OrganoWood AB.