Mr. Hylton Karon reports

IFABRIC CORP ANNOUNCES STRATEGIC INVESTMENT IN BLUECHERRY ERP SYSTEM TO ACCELERATE GROWTH AND REALIZE OPERATIONAL EFFICIENCIES

iFabric Corp. has selected the cutting-edge BlueCherry enterprise resource planning (ERP) system from Computer Generated Solutions Inc. (CGS). This strategic investment of $500,000 over two years will cover a one-time licence fee as well as the full implementation of the system, which is targeted to be fully operational by the end of 2025.

The BlueCherry ERP system comes equipped with advanced AI (artificial intelligence) features that are set to significantly enhance iFabric's operational efficiency, particularly in inventory management. This system will streamline business processes, improve data visibility and provide robust decision-making tools to support the company's continuing growth.

"We are excited to invest in BlueCherry, which we believe will be an invaluable asset to iFabric as we continue our impressive growth trajectory," said Hylton Karon, group president and chief executive officer of iFabric. "The advanced AI capabilities of this system, combined with its comprehensive inventory management features, will enable us to better manage our operations, enhance customer satisfaction and drive further innovation within our business. We look forward to the full implementation by the end of 2025 and the positive impact this system will have on our ability to scale revenues rapidly and effectively.

The purchase of the BlueCherry ERP software solution aligns with iFabric Corp.'s strategic goals to continue expanding and enhancing its technological infrastructure, providing a solid foundation for future growth," concluded Mr. Karon.

"iFabric is committed to innovation beyond boundaries. Likewise, BlueCherry is dedicated to giving our clients supply chain visibility and control beyond boundaries. With our ERP solution, iFabric will be even better positioned to fuel their innovation and drive growth," said Paul Magel, president, business applications and technology outsourcing division, at CGS. "We're grateful and proud to count iFabric within the BlueCherry community."

About iFabric Corp.

iFabric is a leading Canadian company that specializes in the design, development and marketing of innovative solutions for the apparel and health care industries. IFA's annual revenues are now approaching $30-million, with further sales and earnings growth targeted from its international slate of customers. The company's growth is fuelled by its commitment to technological innovation and its ability to adapt to the ever-evolving demands of the market.

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