Mr. Hilton Price reports

IFABRIC ANNOUNCES ANNUAL MEETING VOTING RESULTS

iFabric Corp. has released the results of its annual meeting of shareholders that was held on March 31, 2017. Shareholders voted in favour of all resolutions brought before the meeting. A detailed description of all resolutions that were voted on can be reviewed in the company's information circular, which was filed on SEDAR on March 6, 2017. All of the director nominees listed in the information circular were re-elected as directors of iFabric. Detailed results of the vote are set out in the attached table.

Director nominee    Votes for    % for   Votes withheld   % withheld

Hylton Karon       19,198,750    99.70           57,300         0.30
Hilton Price       19,198,750    99.70           57,300         0.30
Mark Cochran       19,255,750   100.00              300         0.00
Mark Greenspan     19,255,750   100.00              300         0.00
Jeff Coyne         19,255,750   100.00              300         0.00
Giancarlo Beevis   19,198,750    99.70           57,300         0.30
Jason Garay        19,198,750    99.70           57,300         0.30

In addition, shareholders approved resolutions fixing the number of the number of directors at seven, with 100 per cent of the votes cast in favour, and appointing the company's auditor, Shimmerman Penn LLP, with 100 per cent of the votes cast in favour.

About iFabric Corp.

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