Kraig Biocraft Laboratories Inc (KBLB)

[TRUISM]

KRAIG BIOCRAFT LABORATORIES READIES FOR FIRST COMMERCIAL SHIPMENT OF RECOMBINANT SPIDER SILK AND ACCELERATED GROWTH IN PRODUCTION
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ANN ARBOR, Mich., – December 17, 2019 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, announced today that the Company is nearing completion of the second production cycle, of recombinant spider silk, at its Vietnamese production factory. The Company expects to begin shipping the specialized silk cocoons by next week. These cocoons will be turned into the first recombinant spider silk yarn from this new facility and, once complete, will be sent to the US, for testing and delivery to customers.

The Company transferred production operations, in October of this year, to the Prodigy Textiles factory, the Company’s Vietnamese subsidiary. Over the last two months, the Company has been scaling this facility’s throughput, nearly tripling its skilled workforce to support its rapidly growing operations.

The Company’s COO, Jon Rice, is currently in Vietnam overseeing operations, assisting in preparations for this first shipment, and guiding the implementation of additional operational process controls. During this trip, Rice and Prodigy Textiles’ management are also working with local government officials to assess and plan the allocation of additional land and facilities to grow Prodigy’s operations.

“Our production team continues to deliver on the lofty expectations we have outlined for them,” said
Rice. “With production scale up now well underway and the first shipment scheduled for delivery soon, Prodigy management and I are pressing forward with an even greater vision of where we can take the Company.”



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