The new
collections are designed to compliment PALI's fine infant furniture
offerings. Crown
Crafts, Inc. designs , markets and distributes infant and juvenile consumer
products, including bedding, blankets, bibs , bath and accessories and
luxury hand-woven home dcor. Their innovative
capability, and positive and dynamic vision are family characteristics that
derive from the will and commitment to learn and improve using care and
courage.----Nano-Tex, a
leading fabric innovation company providing textile enhancements to
the apparel and interior furnishing markets, announced today it has
raised $35 million from current and new investors. www.

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com/


"We are honored to be working with a company with the history and
reputation of PALI," commented Nanci Freeman, President and Chief Executive
Officer of the Company. We are witnessing the tip of the iceberg for the company.nano-tex.

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Business Editors

EMERYVILLE, Calif., Norwest Venture Partners, Howard Hughes Medical Institute,
Masters Capital, and Firelake Capital Management.

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The Company will introduce four (4)
new collections at the upcoming ABC Show in Las Vegas, NV.

The Company's products include
licensed and branded collections as well as exclusive private label
programs for certain of its customers.

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The Company 's products include
licensed and branded collections as well as exclusive private label
programs for certain of its customers. designs, markets and distributes infant and juvenile
consumer products , including bedding, blankets, bibs, bath and accessories
and luxury hand-woven home dcor. We believe that with further research, development
and global expansion, Nano-Tex will be the catalyst for innovation in
the textile industry at large, providing a valuable ingredient for
differentiation and market growth. Nano-Tex is privately-held, with venture backing from WL Ross
+ Co.

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"This arrangement, which brings together two
industry leaders, will offer consumers the best in both infant furniture
and textiles.

"We are especially excited about this new relationship because it opens the
door for Kelly to create a wide array of new products," said Brian
Rightsell, President of Kelly B. "With the addition of these beautiful classic
designs from Kelly Rightsell, we will be able to expand our product
offering to the juvenile specialty market.
New investors include leading venture firm Norwest Venture
Partners, and renowned scientific research organization Howard Hughes
Medical Institute."
Tice added, "We feel very fortunate that market demand for
investment in the company was well above what we felt appropriate to
raise, resulting in a substantially oversubscribed offering .

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Sleeping in a PALI crib with PALI Fine Linens makes for a
beautiful and safe environment for you and your baby to enjoy. During this time the company underwent
epochal changes. Crown Crafts Infant
Products will develop infant and juvenile bedding, blankets, and room dcor
for the brand, while Hamco will develop bibs and bath products. "By utilizing
Crown Crafts broad manufacturing resources , we will be able to greatly
expand and improve our current offering of infant bedding, Moses baskets ,
bibs, burp clothes, and blankets as well as enter new product categories
including juvenile (twin) bedding, window treatments, mobiles, night
lights, switch plates, diaper bags, bath items and more.com

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p.
Crown Crafts, Inc.00. Kelly's designs are distinctive
in their fine attention to detail, imaginative designs, vibrant colors and
childlike sense of humor. Previous investors participating in the Series-A
round include WL Ross + Co.
"The excitement surrounding the potential of nanotechnology is
almost deafening," said Jeff Crowe, venture partner, Norwest Venture
Partners .

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This new arrangement will expand the
Company's presence in the luxury distribution channels for infant and
juvenile bedding and accessories. in California and Churchill
Weavers, Inc.

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"

About Crown Crafts, Inc. Kelly's designs
are inspired not only by her own children, but by years as a fine artist in
the South, her degree in printmaking, summer art studies in Europe, and her
work as an elementary school art teacher.
Nano-Tex, the first company to bring nanotechnology to the textile
industry, has licensed more than 80 textile mills worldwide to use its
treatments in products sold by more than 100 leading apparel and
interior furnishing brands. We view
this as market feedback on our strategy, growth plans, and success to
date.
Since the beginning R+D collaboration between Nano-Tex and
Burlington in 1998, Nano-Tex introduced its first product in 2000 and
has continued to be a leader in textile innovations.

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Its subsidiaries include Hamco, Inc. in Kentucky. Rightsell Designs, Inc.

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The combination of fine textiles and furniture enable new
parents to create a nursery with confidence. in
Louisiana, Crown Crafts Infant Products, Inc. in California and Churchill
Weavers, Inc. Everything has changed in production methods,
demand, models and taste.

New product introductions will be made at the ABC Show in Las Vegas in
September 2005.

Crown Crafts , Inc.

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About PALI, S.

PRESS RELEASE Crown Crafts Inc. Signs Licensing Agreement With Kelly B . Rightsell Designs Inc.

in Kentucky. Products
designed by Kelly are available at retailers across the country and have
been featured in Bloomingdale's, Veranda Magazine, "Queer Eye for the
Straight Guy," "The Reba (McEntire) Show," and HGTV.

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Crown Crafts Infant Products, Inc.p.

Crown Crafts Infant Products is a subsidiary of Crown Crafts, Inc.

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a, the Company will design and produce
infant home furnishings and accessories under the "PALI" brand. Its subsidiaries include Hamco, Inc. The company 's patented technology delivers
superior durability and performance without compromising the look ,
feel or comfort of fabric, a unique benefit which has driven brand and
consumer adoption of Nano -Tex products. The
company's products include Resists Spills (liquid-repellent), Coolest
Comfort (moisture wicking for synthetics and wrinkle-free cotton),
Resists Static (first permanent anti-static treatment for synthetics)
and Repels and Releases Stains (market's best-performing anti-stain
treatment ). To date, more than 80 textile mills
worldwide are utilizing Nano-Tex treatments in products sold by more
than 100 leading apparel and interior furnishings brands, including
Gap, Old Navy, Lee , Nike, Champion, Levi and Simmons.

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a

Pali's history, to which four generations of the Pali family have
contributed, spans nearly a century. From the first workshop in the
shed of the family home , to buildings in the garden, then shops built on
adjacent parcels of land; until 1962, when valuable experience gained from
the production of chairs enabled the company to make a smooth transition to
production of cribs and complementary bedroom furniture. in
Louisiana, Crown Crafts Infant Products , Inc.
"Today, Nano-Tex is making dramatic improvements in everyday
apparel and textiles," said Donn Tice, Nano-Tex CEO."
Norwest Venture Partners was particularly attracted to Nano-Tex
because of its current success in the marketplace.

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"A PALI nursery is a very special place for your
newborn .

Kelly B.
Rightsell, a Greensboro artist, business owner and mother. "With new
resources from our investors, we will continue to aggressively build
upon the value we bring to the industry , setting the standard in
product development, consumer-focused marketing and global service. Nano -Tex develops and markets a family of
nanotechnology-based textile treatments that dramatically improve the
performance of everyday fabrics. Products with
Nano-Tex enhancements are sold throughout North America, Asia and
Europe.

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But one thing still remains: love for a finely
crafted product made with great care. Rightsell Designs, Inc."





http://www."
Financier Wilbur L. Nano-Tex has
expanded its market presence into apparel for men, women and children,
with products ranging from activewear and uniforms to business attire
and casual clothing. The company also has established a foothold in
the interior furnishings market , with products used in home and
commercial fabric applications, including bedding, drapery and
upholstery .

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PRESS RELEASE Crown Crafts Infant Products Inc. Signs Licensing Agreement With PALI S.p.a.

(the "Company") (OTC BB: CRWS) today announced it has formalized a
licensing agreement with PALI, S."

About Crown Crafts Infant Products, Inc. From traditional handcrafted methods, they transitioned to
the utilization of advanced technologies. Just a few a day, he made them well
using the utmost care. Rightsell Designs, Inc. The
Company will focus its marketing and sales efforts on the luxury market
with infant crib sets with suggested retail prices starting at $450. Crown Crafts is America 's largest producer of
infant bedding, bibs and bath items.

About Kelly B.

About Nano -Tex

Nano-Tex is headquartered in Emeryville, Calif.

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The Company will focus its
marketing and sales efforts on the high-end and luxury markets with infant
crib sets priced from $199.com/


"This new license arrangement gives us a branded presence in the luxury
market," commented Nanci Freeman, President and Chief Executive Officer of
Crown Crafts Infant Products. Ross noted , "Nano-Tex is playing a significant
role in performance-enhanced garments, the fastest growing segment of
the apparel market., with operations
in Greensboro, NC; Milan; Istanbul; New Delhi; Hong Kong; and Osaka
and Seoul.

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a.crowncrafts. Rightsell Designs, Inc.

Nano-Tex Secures $35 Million Series-A Round To Drive Development Marketing Global Expansion of Fabric Innovations

We believe that
the company 's potential is very large, and that Nano-Tex will bring
its real-world, practical approach to many more applications and
markets.

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Crown Crafts is America's largest producer of
infant bedding, bibs and bath items. (OTC BB: CRWS) (the
"Company") today announced it has formalized a licensing agreement with
Kelly B.

The Greensboro-based company, formed in 1999, has licensing agreements with
Seabrook Wallcoverings, Oakhurst Textiles, Peking Handicraft, The
Manchester Furniture Group, and Mar-Shell Inc, translating her designs into
a variety of products that can fill entire rooms , including furniture,
wallpaper, rugs, pillows, fabric, drapery hardware, and more. Nano-Tex will use
the new funding to drive product development, geographic expansion and
marketing. LLC, who also led the new round, Masters
Capital and Firelake Capital Management."
Nano-Tex offers a family of textile enhancements that become
inherent to the fabric to deliver superior performance characteristics
without compromising the comfort, look or feel of the fabric.

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Under the agreement with PALI , S.p. produces and markets a line of child dcor
products and specializes in delighting children and adults with prints,
gifts, bedding, and dcor inspired by the original artwork of Kelly B.

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The product lines for
this brand include infant bedding, blankets, and room dcor.

"PALI's decision to enter into the nursery linens market is a natural
compliment to our commitment to bringing the finest products to our
customers and to the consumer," said Kevin Walker, Vice President, Sales
for Pali North America.crowncrafts.

Under the agreement with Kelly B. "Nano-Tex is one of the few nanotechnology companies with
real products, real customers and real revenue today.

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Sales and
marketing for the new line will be managed by PALI."





http://www.

Their company spirit owes much to Ermenegildo Pali, the founder who started
manufacturing chairs in his kitchen. Rightsell Designs, the Company will
produce, market and sell infant and juvenile home furnishings and
accessories under the "Kelly Rightsell" brand.

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---

- - kjjkjk

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