Mr. Hilton Price reports

IFABRIC ANNOUNCES ANNUAL MEETING VOTING RESULTS

At iFabric Corp.'s annual meeting of shareholders, held in Markham, Ont., on March 28, 2018, 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 iFabric's information circular, which was filed on SEDAR on March 2, 2018. All of the director nominees listed in the information circular were re-elected as directors of iFabric. The detailed results of the vote are set out in the attached table.

Nominee              Votes for    % votes for    Votes withheld    % votes withheld

Hylton Karon        18,937,010         99.80%            38,800               0.20%
Hilton Price        18,937,010         99.80%            38,800               0.20%
Mark Greenspan      18,968,810         99.96%             7,000               0.04%
Jeff Coyne          18,975,810        100.00%                 0               0.00%
Mark Cochran        18,975,810        100.00%                 0               0.00%
Giancarlo Beevis    18,930,010         99.76%            45,800               0.24% 

In addition, at the meeting, iFarbic shareholders approved resolutions to fix the number of directors at six and in respect of the appointment of BDO Canada LLP, chartered professional accountants, as the auditor of iFabric for the ensuing year.

About iFabric Corp.

Headquartered in Markham, Ont., iFabric, through its wholly owned subsidiaries, Intelligent Fabric Technologies (North America) Inc. (IFTNA) and Coconut Grove Pads Inc., offers a variety of products and services in both of its strategic divisions. IFTNA is focused on proprietary chemical formulations that render fabrics, foams, plastics and numerous other surfaces intelligent, thereby improving the safety and well-being of the consumer. Coconut Grove, operating as Coconut Grove Intimates, is a designer, manufacturer, distributor, licensor and licensee of intimate apparel products, accessories and sleepwear for ladies.