Mr. Hylton Karon reports

IFABRIC CORP. RECEIVES FDA MEDICAL DEVICE REGISTRATION FOR APPAREL PRODUCTS UTILIZING MULTIPLE TEXTILE TECHNOLOGIES

iFabric Corp.'s wholly owned subsidiary company, Intelligent Fabric Technologies (North America) Inc. (IFTNA), has successfully obtained a United States Food and Drug Administration (FDA) medical device registration for its revolutionary apparel products integrating multiple textile technologies.

"This landmark achievement underscores IFTNA's commitment to pioneering advancement at the intersection of textiles and health care. Leveraging cutting-edge research and development, IFTNA has created a range of apparel products designed to provide superior comfort, functionality and therapeutic benefits to users," stated Giancarlo Beevis, president and chief executive officer of IFTNA.

"This FDA registration validates the efficacy and safety of IFTNA's innovative apparel solutions, positioning the company as a trusted partner for improving outcomes in the health care industry. This milestone opens doors to new opportunities for IFTNA, allowing the company to explore additional medical device registrations and expand its footprint in the rapidly growing health care segment," concluded Mr. Beevis.

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 (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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