CRAIK, SK, Oct. 12 /PRNewswire-FirstCall/ - Signage has been installed and the countdown is on at a Craik farm where an exciting biotech breakthrough means the farmland will produce a new, low cost and environmentally sensitive hemp fabric called Crailar(TM). As soon as 2006, a partnership between Vancouver based Hemptown Clothing and the National Research Council (NRC) could yield Canadian grown industrial hemp as an alternative to the $25 billion cotton industry. "We are so proud to be working with the people of Craik and the NRC on a project that will fundamentally change Canada's position in the world of apparel production. Worldwide cotton yield is worth more than $25 billion and none of that comes from Canada. Hemp will change everything! " said Hemptown Clothing CEO Jerry Kroll. The new technology will produce millions of bales of organic, fluffy white fiber, projected to cost less than regular cotton, grown in areas of Canada which have never before had an economic stake in the billion dollar fabric industry. In addition to economic benefits, Crailar is highly environmentally sensitive, grown organically without the use of pesticides or the enormous fresh water irrigation required by conventional cotton. Craik Mayor Rod Haugerud: "The huge economic potential for this technology is just becoming apparent. This should become one of the largest cash crops for Canadian farmers and will have a dramatic economic impact on agricultural communities from coast to coast." Initial Crailar technology licensing and a production mill in Craik, Saskatchewan are planned for 2006-2007, with clothing products and raw fabric anticipated to start shipping to department stores in Spring 2007. More than 2,500 hectares of hemp were grown in Canada last year, according to the Saskatchewan Hemp Association. Hemptown Clothing Inc. (NASD OTCBB: HPTWF), was founded in 1995 in response to growing demand for environmentally friendly, socially responsible clothing. The company supplies wholesale imprinted promotion-wear distributors and private label customers throughout North America through offices in Vancouver B.C., Shanghai, China and Blaine, Washington. In its ten year history, the company has shipped more than 500,000 garments, reducing chemical use by 86,634 pounds and saving 452,232,264 gallons of fresh water. Hemptown respects the human rights of employees, the environmental impact of the company's operations and fiscal responsibility to its shareholders. The company established a corporate office in Shanghai to monitor the quality of the garments it produces and to inspect monthly the working conditions in the facilities they are produced in. For more details about the company and its products, please visit www.hemptown.com For further information contact: Jerry Kroll, Hemptown Clothing Inc., 604-255-5005 www.hemptown.com / email@example.com This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Exchange Act of 1934 and the provisions of the Private Securities Litigation Reform Act of 1995 and is subject to safe harbor created by these sections. Actual results may differ materially due to a number of risks, including, but not limited to, technological and operational challenges, needs for additional capital, changes in consumer preferences, risks associated with: market acceptance and technological changes; dependence on manufacturing and material supplies providers; international operations; and competition.
SOURCE Hemptown Clothing Inc.