OrganoWood signs distribution agreement for the Israeli market

OrganoClick's co-owned affiliate OrganoWood has signed a sales and distribution
agreement with Inplast Israel for the Israeli market. The agreement gives
Inplast Israel an exclusive right to sell and distribute OrganoWoods canned wood
treatment products in Israel.

During 2015 OrganoWood initiated a collaboration regarding sales
and distribution with the wood treatment distributor Welin & Co for the Swedish
market. Welin & Co has under the agreement sold and distributed OrganoWoods
canned wood treatment products to Swedish building suppliers and paint stores.
The collaboration has been very successful with greatly increased sales volumes
of these products for OrganoWood.

OrganoWood now takes the next step and starts its international expansion of its
wood treatment products by initiating strategic collaborations with local sales
and distribution partners on different geographical markets. As first step
outside Europe, OrganoWood now enters the Israeli market through the agreement
with Inplast Israel.

"We are very happy to initiate the collaboration with Inplast Israel. They are a
relatively new player but with a strong experience from the Israeli building
industry and an extensive network among relevant customers. This will be an
exciting step to see how OrganoWoods products are being accepted on a totally
different market and environment than the Northern European market", says Jens
Hamlin, MD OrganoWood.

The agreement is an exclusive agreement with a term of three years
conditioned by purchase of certain annual minimum quantities.

For more information, please contact;

Mårten Hellberg, CEO OrganoClick

Phone: +46 8 684 001 10[image]+46 8 684 001 10[image]

Email: marten.hellberg@organoclick.com

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 Bankaktiebolag.