Weiqiao Textile Company Limited (“the Company” or “Weiqiao Textile”) and its subsidiaries, collectively the “Group”) (HKEX: 2698), the largest cotton textile producer in China, recently announced its annual results for the period ended December 31, 2007 (the “Period”).

During the year under review, the demand in the textile market decreased owing to the appreciation of the renminbi, the decrease in the export tax refund rate and macroeconomic control measures. Revenue of the Group decreased 6.2% to RMB18,590,000,000 compared with 2006. Gross profit decreased 19.9% to RMB2,662,000,000. Net profit attributable to shareholders rose 10.9% to RMB1,868,000,000. Basic earnings per share were RMB 1.56, 9.1% higher than that of last year. The Board of Directors proposed a final dividend of approximately RMB0.50, up 13.6% compared with 2006.

Commenting on the annual results performance, Ms. Zhang Hongxia, Chairman of Weiqiao Textile, said, “In 2007, reductions in exports and the rises in production costs led to more intense market competition. The appreciation of the renminbi, the changes to the export tax refund policy and a rise in raw materials costs all posed certain challenges for the textile industry in China. Despite poor market conditions, the Group achieved steady results in a challenging textile market, in part as a result of effective cost control measures. Leveraging on our economies of scale and technological transformation, we successfully increased operating efficiencies by improving equipment and facilities and optimizing our product mix.”

Universal Fibers continues to write the headlines, developing new technology and products that lead to a better tomorrow and a healthier environment. The company has launched EarthSmart Technology(SM). It's more than products and processes, it's a way of thinking, planning and acting. Earth Smart Technology is all encompassing. It's stewardship through innovation.

INVISTA is investing in a multi-million-dollar advanced development pilot facility to be located at its Kingston, Ontario, nylon manufacturing facility. The innovative research and development asset will support INVISTA’s growth initiatives in North America, Europe and Asia.

“This investment is a demonstration of INVISTA's commitment to bring innovation into existing markets and to seek value-adding offerings for new markets,” said Jeff Brown, vice president of INVISTA Performance Materials Nylon.

INVISTA believes that advances in technology and engineering of nylon 6,6 and modified nylon products will lead to the development of differentiated new products, offering valuable solutions in existing and new markets. Already a world leader in high-performance nylon fiber production, INVISTA’s Performance Surfaces and Materials business will use the new facility to continue in the direction of next-generation nylon technology.

“Waste reduction and efficiency improvements in our operations are important elements in our continued goal to conserve resources and enhance environmental stewardship,” said Brown. “This investment will not only be capable of generating step change innovation in new products, it will also be used to improve the output and yields of existing processes.”

INVISTA’s Performance Surfaces and Materials business provides innovative solutions for INVISTA’s global surface-focused segments including residential, commercial, area rugs, bedding, sheets, pillows and comforters; its automotive-focused segments such as airbags and automotive flooring; and its industrial nylon offerings. Consumer brands brought to market include STAINMASTER^® carpet, ANTRON^® carpet fiber and CORDURA^® fabric.

Honeywell (NYSE: HON) announced today that its high-strength Spectra(R) fiber, commonly used in bullet-resistant body armor, is a key component in novel curtains that can protect windows and doors during hurricanes.

    Honeywell Spectra fiber enables the roll-down curtains, sold by North Carolina-based John Boyle & Co. to homeowners as Storm-A-Rest(TM), to resist high winds and resulting debris. They also are extremely lightweight, weighing only two and a half ounces per square foot. John Boyle is a recognized leader in the manufacture and distribution of industrial awning and marine fabrics.

Naturally Advanced Technologies Inc. ("NAT" or the "Company") (OTCBB: NADVF), a developer of proprietary technologies for processing and production of environmentally sustainable natural fibers, today announced its progress regarding commercialization of its CRAILAR(R) fiber technology, as well as plans for the construction of its first CRAILAR(R) production facility in Craik, Saskatchewan.

Naturally Advanced Technologies Inc. ("NAT" or the "Company") (OTCBB: NADVF), a developer of proprietary technologies for processing and production of environmentally sustainable bast fibers, today announced its participation in the Bio-Fibres Symposium: Binding Innovation to Opportunity, taking place in Edmonton, Alberta, from November 28-29, 2007.

Naturally Advanced Technologies Inc. ("NAT" or the "Company") (OTCBB: NADVF), a developer of proprietary technologies for the processing and production of environmentally sustainable bast fibers, today reported operating and financial results for the third quarter and nine months ended September 30, 2007.

Tim Talbott saw a news story in 1984, about Americans importing alpacas from South America and raising them for their cashmere-like fiber. Intrigued, the established surgeon sought more information. In 1985, he and his wife, Jane, invested in six alpacas and made a long-range business plan to increase the herd to 100 animals by the time he retired. Dr. Talbott, who recently retired, has
more than met his goal. "We have more than 100 Chilean and Peruvian Huacaya alpacas - the largest herd in Michigan," he says. "And although we started raising and selling alpacas as an investment 22 years ago, we enjoy them
more each year."

A May 15 unanimous (6-0)
vote of the U.S. International Trade Commission (ITC) determined that
imports of certain polyester staple fiber from the People's Republic of
China (PRC) are injuring the U.S. producers of certain polyester staple
fiber (PSF). The ITC action follows the Commerce's Department's final
antidumping determination that all but one of the Chinese producers were
selling PSF at dumping margins ranging from 3.47 to 44.30 percent. The
domestic industry currently is considering appealing the Commerce
Department's exclusion of one Chinese producer, as well as some of the
dumping margins for other Chinese exporters.

Representatives of five Mongolian cashmere export companies that have received assistance from the
U.S. Government, through the U.S. Agency for International Development (USAID) to improve their business skills, are visiting New York City March
12-13 to showcase their products for some of the United States' most influential clothiers and garment distributors.

The main theme of Issue 19 is "Flame Resistant Fibres and Fabrics".

* The market for heat and flame retardant protective clothing in Western Europe has grown by more than 3% each year since 2002. Moreover, the market is forecast
to grow by an average of 3.5% each year between 2005 and 2012. In 2006 the market was worth an estimated Euro310 mn.

* Stricter regulations regarding fire safety and changes in market requirements have spurred the development of new fibres, treatments and fabrics.

The United States Department of
Commerce today announced the imposition of "antidumping" duties on imports
of certain polyester staple fiber from China. The Commerce Department
calculated preliminary antidumping margins ranging from 44.30 percent to
4.39 percent of the value of Chinese imports. Three Chinese producers were
singled out in the preliminary determination: Cixi Jiangnan Chemical Fibers
Company (15.30 percent), Far Eastern Industries Shanghai (10.45 percent),
and Ningbo Dafa Chemical Fibers Company (4.39 percent).

Performance Fibers, a leading global supplier of high-tenacity polyester fibers, today announced an expansion at its joint venture operation in South Korea to produce next-generation, ultra low shrinkage fibers for specialty uses.

New York, NY - Cotton Incorporated, the research and marketing company for U.S. cotton growers, will present its innovative Engineered Fiber Selection® (EFS®) System software at the first EFS Conference to be held in China, from April 10 through April 12, 2006 at the Regent Hotel in Shanghai.

Introduced to U.S. manufacturers in 1982, the EFS system is a group of programs that, through the use of High Volume Instrument (HVI) data, provides authoritative cotton management and analysis information, as well as electronic communication between and among mills, ginners, producers and merchants.

J. Berrye Worsham, President and Chief Executive Officer of Cotton Incorporated, states, “Since its introduction, the EFS System has evolved from an innovative concept to an industry standard in the United States and Europe.” Nearly 50% of China’s cotton imports over the past decade have been of U.S. origin. “China is clearly a good customer of U.S cotton, and sharing our EFS technology with them benefits the entire supply chain,” explains Worsham.

The three-day conference will provide attendees from the four major segments of the cotton industry---growers, ginners, merchants and mills---with an in-depth look at state-of-the-art fiber management.

Included in the conference will be the MILLNet™ software, which allows cotton buyers and manufacturers to effectively utilize the HVI data on each bale of U.S. cotton. “MILLNet has proved to be a valuable tool in managing cotton acquisition, warehousing and mix selection,” says Charles Chewning, Cotton Incorporated Vice President, Fiber Management Research. “In addition, the software enhances a manufacturer’s cotton-related profits by selecting cotton inventory that is most appropriate for each customer’s end product.”

Over the past 25 years, the EFS System programs have grown in popularity and are currently used by nearly all cotton spinning mills in the U.S. and a total of 29 mills in Europe, Canada, Mexico and Asia. In October of last year, a Chinese textile mill became the first in that country to adopt the MILLNet software.

Cotton Incorporated, funded by U.S. growers of upland cotton and importers of cotton and cotton textile products, is the research and marketing company representing upland cotton. The Program is designed and operated to improve the demand for and profitability of cotton.