BAINBRIDGE ISLAND, Wash.—July 6, 2011—Teragren (www.teragren.com), a global leader in the design and manufacturing of fine bamboo flooring, worktops, panels and veneer, today announced that company founders David Knight, formerly Chief Executive Officer/Chief Financial Officer and Ann Knight, formerly Executive Vice President/Global Brand Director, have moved into consulting support roles at Teragren to pursue other opportunities. In addition, David Knight will continue to serve on Teragren’s Board of Directors.

“We’ve had a great ride at Teragren and are confident that the company’s environmental mission will continue to thrive for many years to come,” said David Knight. “We’ve been fortunate to work with many of the top distributors and dealers in the industry. We’ll miss them all, but are looking forward to the new opportunities that lie ahead.”

Moving forward, Teragren President Mike Boshart will draw upon his extensive knowledge and broad background in project management, brand building and go-to-market strategies, as well as his expansive supply chain and international business experience, to assume a greater leadership role at the company.

“While this is a time of transition for the company, Teragren remains more committed than ever to providing environmentally-friendly bamboo products of the highest quality and excellent service to all of our customers,” said Boshart.

Together the Knights pioneered the bamboo flooring industry in 1994, introducing the product to the U.S. building market while simultaneously demonstrating an unwavering commitment to building a company that is environmentally, socially and economically responsible. Subsequently, Teragren played a critical role in increasing demand for bamboo products and helping to reduce North American dependence on dwindling timber resources.

Under the Knights’ leadership, revenues grew at a rate of 40 percent annually for many years and Teragren garnered widespread industry recognition, including placement on Inc. Magazine’s list of “The Green 50” companies setting the standard for environmentally friendly businesses. Teragren’s products are featured in high-profile installations across the country, including the Environmental Protection Agency’s Regional Headquarters and at the Chicago Museum of Science & Industry; David Knight was also finalist for the Ernst & Young Entrepreneur of the Year Award in 2008 and in 2009.

Complete Lines of Bamboo Flooring, Worktops, and Panels
Teragren offers numerous lines of high-quality Strand and Traditional bamboo flooring, panels, veneer and worktops. Products include a wide variety of flooring options: Portfolio Collection, Synergy®, Craftsman II, Studio, Signature Naturals, and Signature Colors as well as matching bamboo Stair Components and Flooring Accessories. Teragren also manufactures many styles of Bamboo Worktops and furniture-grade Bamboo Panels and Veneer for the furniture and cabinet industries.

About Teragren
In 1994, Teragren (www.teragren.com) pioneered the bamboo flooring, panel and veneer industry in the United States. The company is recognized as a category leader by the architectural and design communities as well as major floor covering distributors and retailers, and panel and veneer distributors. Teragren is also considered a leader within the broader sustainable business movement—it was named by Inc. Magazine as one of “The Green 50” companies that are setting the standard for environmentally friendly business, and one of the “Top Ten Greentrepreneurs” by Seattle Metropolitan Magazine.

All Teragren bamboo products contribute to certification under the U.S. Green Building Council’s LEED® (Leadership in Energy & Environmental Design) rating system in up to four categories. Select Teragren flooring, worktops, panels and veneer are also available with the FSC-Pure certification through the Forest Stewardship Council. Teragren’s FloorScore®-certified bamboo flooring is the world’s first bamboo flooring recognized by SCS, the global leader in certification of environmental and sustainability claims. SCS tests and certifies hard surface flooring products for compliance with rigorous indoor air quality emissions requirements. Teragren also developed and successfully patented a cross-ply 100 percent bamboo core substrate for its engineered flooring products. All Teragren bamboo panels are SCS Indoor Advantage™ Gold-certified testing for 78 VOCs similar to the FloorScore®-certification.