Kraig Biocraft Laboratories adds Anurag Gupta to its Board as Independent Director

– USA, MI –  Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB), the leading developer of spider silk based fibers, today announces that it has selected Anurag Gupta for its expanded Board of Directors.

“We are pleased to welcome Anurag as the first, of several, new independent directors to be joining Kraig Lab’s board,” said chairman and CEO, Kim Thompson. “Anurag’s background and experience in corporate management, technology development, international operations, and investor relations will be an asset to the Company as we continue to grow.”

The addition of Mr. Gupta to the board will expand the overall skillset, perspective and experience necessary to support and drive growth for all of the Company’s stakeholders.

Mr Gupta’s term will begin during the fourth quarter and he will serve on the audit committee and compensation committees for the duration of his time as a director.

About Anurag Gupta

Among the many significant accomplishments during his career, Mr. Gupta has served as the CEO of Global Data Services for TBG, the President for Europe, Middle East, and Africa region for BrightPoint, Inc, and the Executive Vice President of the CMS Division at IHS Markit. Mr. Gupta currently serves as an Independent Director on the boards of Roseburg Forest Products Co. and Drive My Way, Inc.

“I am excited about joining the Board of Kraig Labs and look forward to working alongside our Founder and CEO, Kim Thompson and my fellow Board members,” said Mr. Gupta. “It is exciting to be a part of an innovative biotechnology company that is doing amazing work towards the development and commercialization of Spider Silk technology.”

About Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories, Inc., a reporting biotechnology company, is the leading developer of genetically engineered spider silk based fiber technologies.

The Company has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry.

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