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KURA Kurawood

0.35
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kurawood LSE:KURA London Ordinary Share GB00B246X642 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.35 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

New Purchase Orders

19/06/2008 7:00am

UK Regulatory


    Kurawood PLC                                  

                         ("Kurawood" or "the Company")                         

                              New Purchase Orders                              

Kurawood is pleased to announce it has secured a series of purchase orders for
its products from flooring specialist retailer Floors-2-Go Ltd,
("Floors-2-Go"), under which Kurawood will supply Floors-2-Go with its first
modified timber solid flooring for retail sale in the UK. Floors-2-Go will
stock and display three colours of flooring in all of their 135 stores in the
UK.

Initial purchase orders received total £103,000 and consumers will be able to
purchase modified timber solid flooring with all the characteristics of real
hardwood flooring such as Walnut, Oak and Cherry by the end of this Summer. The
solid wood flooring will be sold under the KURA brand. Further purchase orders
are expected in due course.

Roy Tilleard, CEO of Kurawood, said:

"This is a major break through for any modified timber manufacturer to have.
Floors-2-Go have shown the way forward for not only the timber industry but in
its environmental policy by stocking flooring that displays the
characteristics of a quality hardwood product manufactured from plantation
grown sustainable softwood. It also now allows the consumer direct access to
this new technology."

Floors-2-Go CEO, Roger McLaughlan, says:

"We are delighted to welcome Kurawood as one of our new suppliers. KURA solid
wood flooring has all the qualities that we expect of quality hardwood but
without any detrimental effects to the environment. Kura gives Floors-2-Go a
distinct competitive advantage over other flooring retailers. We are expecting
to generate incremental sales through this unique and exciting product."

Ends

Editors Notes:

About Floors-2-Go Ltd (www.floors2go.co.uk )

Floors-2-Go is the UK's largest real wood, laminate and vinyl flooring
retailer, with one of the widest product ranges in the country offered through
a network of 135 stores nationwide, open seven days a week, as well as an
on-line store.

About Kurawood PLC (www.kurawood.com)

In today's global economy where increasing demand for soft and hardwood timber,
conflicts with deforestation and other environmental concerns, Kurawood PLC
aims to build a significant and successful presence as a supplier of
sustainably managed hardened wood and certified forestry products to, amongst
others, the primary building and flooring markets. Listed on AIM in September
2007, Kurawood PLC uses its proprietary organic Veco formulation to enhance
plantation grown FSC certified softwoods, giving them the dimensional
stability, durability and usability akin to traditional virgin forest hardwoods
at a lower cost.

Enquiries:

Justin Martin, Kurawood plc

Tel: +44 (0) 1624 820040    

James Caithie, Dowgate Capital Advisers Ltd

Tel: +44 (0)20 7492 4777

Ruari McGirr/Mark Anwyl, St Helen's Capital plc

Tel: +44 (0)20 7628 5582

John Bick, Hansard Group

Tel: +44 (0)20 7245 1100



END



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