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OrganoClick AB: OrganoClick participates in a Vinnova project to phase out PFAS

The project Phasing out PFAS (POPFAS) aims at contributing to phasing
out bioaccumulating and potentially hazardous per- and
polyfluorinated substances (PFAS) by developing competitive
alternatives with reduced environmental footprint. Project partners
are among others H&M HENNES & MAURITZ GBC AB, Billerud Korsnäs AB, SP
Swerea, OrganoClick AB.

Today PFAS are present in significant amounts in surface water in many
places all over Sweden. Recently, PFAS has been suggested to be the
next environmental threat in the same magnitude as PCB or DDT. PFAS
have been used for decades in a wide range of applications such as
firefighting foams, textile impregnation, food packaging and
cosmetics due to their versatile characteristics. Despite this,
regulations are currently limited to perfluorooctane-based compounds,
largely due to lack of competitive alternatives. One of the
alternative in use is the still un-regulated shorter chain PFAS,
whose health and environmental impact is still unknown.

- OrganoClick® has done researched and developed PFAS-free
alternatives for textiles for over 10 years. We are proud to
contribute with our "know-how" in projects with many eminent
partners, which all have the same goal as we; to achieve sustainable
industrial development with reduced environmental impact, says Mårten
Hellberg, CEO OrganoClick AB

In this project, a transdisciplinary consortium will perform a gap
analysis of fluorine-free alternatives and gather information of
their health and environmental impact to identify the most promising
alternatives. Communication channels, such as websites or social
media, will be established to educate manufacturers and consumers and
aid them in making educated choices. A life cycle perspective will be
taken in the project and water purification and waste streams will be
considered. By pushing the development of alternative solutions, this
project will facilitate the implementation of new policies and
regulations. New technical solutions will contribute to decreased
environmental impact, secure pure drinking water and competitive
Swedish industrial partners. The project is funded by Vinnova and is
executed from 1st of November 2016 to 31st of July 2017.

For more information, please contact:

Mårten Hellberg, CEO

0707 - 16 48 90

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 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,
of the contact person above, 14 November at 11:30.


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