CRAiLAR Technologies Named to the 2013 TSX Venture 50 for Third Consecutive Year

 CRAiLAR Technologies Named to the 2013 TSX Venture 50 for Third Consecutive
                                     Year

PR Newswire

VICTORIA, BC and PORTLAND, OR, Feb. 14, 2013

VICTORIA, BC and PORTLAND, OR, Feb. 14, 2013 /PRNewswire/ - CRAiLAR
Technologies Inc. ("CRAiLAR" or the "Company") (TSXV: CL) (OTCBB: CRLRF),
which produces and markets CRAiLAR®, a natural fiber made from flax and other
bast fibers, has been named to the 2013 TSX Venture 50, a list assembled based
on quantitative measurement of top performing publicly traded companies on the
TSX Venture Exchange. CRAiLAR was ranked ninth in clean tech sector. It is the
third consecutive year the company has earned a position on the list.

"We are proud to have earned a place among the Venture 50 for the third year
in a row," said Guy Prevost, CFO of CRAiLAR Technologies. "This recognition is
a demonstration of continued investor support for the team's steadfast
commitment to delivering the most unique natural fiber the world has seen in
decades."

Outlined in a TMX Group release on Wednesday, the 2013 TSX Venture 50 was
determined based on equal weighting of the following measures: market
capitalization growth, share price appreciation, trading volume and analyst
coverage. It is comprised of ten companies from each of five sectors: clean
technology; mining; oil & gas; diversified industries; and technology & life
sciences.

About CRAiLAR Technologies Inc.
CRAiLAR® Technologies Inc. offers cost-effective and environmentally
sustainable natural fiber in the form of flax, hemp and other bast fibers for
use in textile, industrial, energy, medical and composite material
applications. Produced using a fraction of water and chemical inputs compared
with other natural fibers, CRAiLAR Flax is the newest natural fiber
introduction to the market in decades.The Company supplies its CRAiLAR Flax
to HanesBrands, Georgia-Pacific, Brilliant Global Knitwear, Tuscarora Yarns,
Target Corp. and Kowa Company for commercial use, and to Levi Strauss & Co.,
Cintas, Carhartt, Ashland, PVH Corp., Cotswold Industries and Lenzing for
evaluation and development.The Company was founded in 1998 as a provider of
environmentally friendly, socially responsible clothing. For more information,
visit www.crailar.com.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Disclaimer
This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this news release, other than
statements of historical facts, are forward-looking statements.
Forward-looking statements or information are subject to a variety of risks
and uncertainties which could cause actual events or results to differ from
those reflected in the forward-looking statements or information and
including, without limitation, risks and uncertainties relating to: any market
interruptions that may delay the trading of the Company's shares,
technological and operational challenges, needs for additional capital,
changes in consumer preferences, market acceptance and technological changes,
dependence on manufacturing and material supplies providers, international
operations, competition, regulatory restrictions and the loss of key
employees. In addition, the Company's business and operations are subject to
the risks set forth in the Company's most recent Form 10-K, Form 10-Q and
other SEC filings which are available through EDGAR at www.sec.gov. These are
among the primary risks we foresee at the present time. The Company assumes no
obligation to update the forward-looking statements.

SOURCE Crailar Technologies Inc.

Contact:

Media Contact:
Ryan Leverenz
Director, Corporate Communications
(415) 999-1418
pr@crailar.com

Investor Contact:
Mark McPartland
MZ Group
(646) 593-7140
ir@crailar.com

Corporate Officer:
Guy Prevost
CFO
(866) 436-7869
ir@crailar.com
 
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