Mr. Hilton Price reports

IFABRIC CORP. SIGNS DEAL WITH SPI

Intelligent Fabric Technologies (North America) Inc. (IFTNA), a wholly owned subsidiary of iFabric Corp., has signed an agreement with Strategic Partners (SPI). The agreement provides SPI with a licence to use IFTNA's textile technologies in future generations of medical apparel and footwear.

"IFTNA is excited to formalize its relationship with SPI, the market leader in health care apparel. This agreement represents our first significant foray into the medical apparel market," said Giancarlo Beevis, president and chief executive officer of IFTNA.

"IFTNA is known for its development of innovative fabric technologies focused on improving the wearer's experience," said a spokesman for SPI. "Their expertise dovetails perfectly with SPI's mission to provide unique, state-of-the-art products with uncompromising quality and outstanding value," he added. "We look forward to working with IFTNA as we incorporate additional textile technologies into our medical apparel."

About iFabric Corp.

iFabric is a manufacturer, distributor, licensor and licensee of intimate apparel products, sleepwear and accessories for ladies. It is also a developer and distributor of proprietary innovative products and treatments that are suitable for application to textiles, plastics, liquids and hard surfaces.

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