Cocona Receives Growth Funding

Longmont, Colo.-based Cocona Inc.,
formerly Traptek LLC, has received major funding from Boston-based Fairhaven Capital Partners — a
venture capital firm that invests in early- to growth-stage companies — to help it with ongoing
marketing and development efforts related to Cocona™ fabrics and its award-winning, environmentally
sustainable activated carbon technology based on recycled coconut shells.

Cocona technology involves a proprietary process by which activated coconut carbon particles
are embedded in fibers and yarns to provide evaporative cooling, odor control and ultraviolet
protection properties. The carbon is encapsulated to protect it during the polymer extrusion
process, and the protective layer is removed during finishing to allow the particles to provide the
intended performance benefits. The technology is featured in apparel and other products from more
than 45 brands in North America and Europe.

“We think that Cocona Inc. is the most exciting new fabric and film technology to come along
since Gore-Tex®,” said Jim Goldinger, managing director, Fairhaven Capital Partners. “Cocona
fabrics and yarns have already been adopted by many impressive brands as a means to differentiate
their products with this patented technology. They recognize that Cocona Inc. has come up with a
green technology that adds genuine, documented performance characteristics.”

September 25, 2007