Environmentally friendly clothing supplier Hemptown Clothing Inc has named Michael Evans vice president of finance with the company, and has reported a 17 per cent second-quarter revenue increase.

Evans has been responsible for raising noteworthy financial capital by way of private placements, public offerings, and debt issuances, and will help the company "achieve greater exposure to capital markets", the company said.

Hemptown said its second-quarter revenue increased 17 per cent on a year-on-year basis, and 70 per cent compared to the first quarter of 2005.

The company attributed the good results to increased media exposure, increased orders for its HT Naturals product line, and successful presentation of and commercial interest in its hemp-derived Crailar fibre.

Jason Finnis, president of Hemptown, said: "Our revenues have improved significantly from the first quarter of 2005, and we will continue to proactively seek out new clients for our well-received HT Naturals product line.

"The company expects to continue to increase sales of its products while keeping expenses to a minimum during the development phase of the patentable enzyme process for hemp-derived Crailar fibre with the National Research Council of Canada."
 
Hemptown Clothing Inc sells a line of hemp/cotton T-shirts, sweatshirts and baseball caps to wholesalers, retailers and consumers. Hemptown is also involved in ongoing biotechnology fibre research and development of quality and conservation-based textile technology.