Mr. Hilton Price reports

IFABRIC CORP ANNOUNCES ISSUANCE OF NEW UNITED STATES UTILITY PATENT FOR ANTIVIRAL APPLICATIONS ON TEXTILES

iFabric Corp.'s wholly owned subsidiary company, Intelligent Fabric Technologies (North America) Inc. (IFTNA), has been granted a utility patent by the United States Patent and Trademark Office, in respect of an anti-viral composition for textile use, predicated on the company's innovative ProTX2 AV anti-bacterial and anti-viral technology.

"The granting of this new U.S. patent proves once again the innovative strength of IFTNA and, in particular, our ProTX2 range of technologies. Specifically, the patent protects the use of ProTX2 AV in imparting anti-viral properties to any textile," stated Giancarlo Beevis, president and chief executive officer of IFTNA.

"This patent grant is another important milestone, as we continue to move forward with the commercialization of ProTX2 treated products in the medical, hospitality, travel and consumer markets," concluded Mr. Beevis.

About ProTX2

ProTX2 is a powerful eco-friendly 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) Inc. (IFTNA) and Coconut Grove Pads Inc.

IFTNA is focused on 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 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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