Novalis Wins GreenStep Asia Award for Third Straight Year

Shanghai, CN, March 30, 2016—For the third consecutive year, Novalis Innovative Flooring was honored for its work in environmentally friendly, sustainable product development by winning a Green Product Honorable Mention at Domotex asia/CHINAFLOOR in Shanghai where the company was a major exhibitor.

The company developed a lighter weight, warmer feeling and more resilient LVT by dispersing cork granules into a PVC compound.The base layers of the new LVT are where the cork granules are fused with the PVC compounds offering superior thermal and acoustical performance. Novalis will launch a new cork-based LVT collection in glue-down, click and loose lay formats.

The product is patented (US patent # 8,474,208).

Additional benefits of the product include:

· Use of reclaimed cork granules, equating to 25% of renewable content by weight

· 22% lighter product than regular LVT, saving on fuel consumption in transportation

· Stable, recyclable product at end of usage life

· Hypoallergenic, fire and insect resistant.