Mr. Giancarlo Beevis reports

IFABRIC CORP ANNOUNCES BREAKTHROUGH IN EPA PUBLIC HEALTH CLAIMS APPROVAL PROCESS WITH INITIAL REGISTRATION OF PROTX2 FOR USE IN NON-APPAREL PRODUCTS

iFabric Corp.'s wholly owned subsidiary company, Intelligent Fabric Technologies (North America) Inc. (IFTNA), has received a U.S. Environmental Agency (EPA) registration for ProTX2 as a continually self-sanitizing textile. This registration allows textiles treated with the ProTX2 technology to make public health claims for use in non-apparel products, which includes, curtains, carpeting and home furnishing fabrics, amongst others.

"This new EPA registration is an extremely positive step forward as public health claims for non-apparel products will help drive adoption of our textile treatments for those uses. That being said, we remain committed to obtaining comprehensive public health claims across all textile categories and that broader application process remains in process," said Giancarlo Beevis, president and chief executive officer of IFTNA. "Under this new registration, qualifying textile products integrating ProTX2 are now able to make a number of meaningful public health claims, including:

• "ProTX2-treated textiles -- kills 99.99 per cent of bacteria in 10 minutes, with non-stop disinfection for 24 hours;
• "Kills pathogenic bacteria;
• "Kills 99.99 per cent of bacteria non-stop for 24 hours;
• "Continuously disinfects bacteria after 24 hours of continuous use without washing.

"With this registration in hand, we can immediately make kill claims on a selection of products within non-apparel market sectors, creating an important catalyst to attract new customers representing significant market segments within home, office and health care settings," concluded Mr. Beevis.

About ProTX2

ProTX2 is a powerful ecofriendly technology that provides anti-bacterial, anti-microbial, anti-mould, anti-mildew and anti-odour protection. When treated, each textile fibre is fundamentally transformed through ProTX2's technology, providing proprietary unrivalled protection against pathogens associated with health-care-associated infections as well as the toughest odours for medical and performance textiles.

About iFabric Corp.

Headquartered in Markham, Ont., iFabric is listed on the Toronto Stock Exchange and currently has 30.3 million shares issued and outstanding. Its two strategic divisions offer a variety of products and services through wholly owned subsidiaries, namely, Intelligent Fabric Technologies (North America) (IFTNA) and Coconut Grove Pads Inc.

IFTNA is focused on the development and sale of high performance sports apparel, medical protective apparel, consumer protective apparel, and proprietary treatments that provide intelligent properties to fabrics, foams, plastics and numerous other surfaces, thereby improving the safety and well-being of the user. Such intelligent properties include anti-viral and anti-bacterial characteristics, water repellence, and UV (ultraviolet) protection, among others.

Coconut Grove, operating as Coconut Grove Intimates, is a designer, manufacturer, distributor, licensor and licensee of ladies intimate apparel products and accessories.

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