Mr. Hylton Karon reports

IFABRIC CORP. ANNOUNCES EXPANSION OF PROTX2 TECHNOLOGY INTO THE UK AND EU; MARKS & SPENCER TO ADOPT FOR AUTOGRAPH COLLECTIONS

iFabric Corp.'s intelligent fabric technologies division has expanded deployment of its advanced PROTX2 technology into the United Kingdom and European Union. British retail icon Marks & Spencer will be adopting PROTX2 for select items within its autograph collections. The PROTX2 brand mark will now appear on both in-store and on-line merchandise hang tags to signal its unique performance benefits to consumers.

iFabric's intelligent fabric technologies division will now support European Union and United Kingdom production programs incorporating PROTX2. This expansion marks a strategic shift beyond the company's longstanding North American focus and underscores growing global demand for performance-enhanced fabrics.

"We are truly excited to be working with such an iconic retailer as Marks & Spencer," said Giancarlo Beevis, president and chief executive officer of Intelligent Fabric Technologies. "Having PROTX2 featured in their autograph collection signals an important milestone in bringing our innovation to discerning European consumers."

"Expanding out of North American brands is a key growth strategy for iFabric, and today's announcement represents a pivotal step in achieving that goal," Mr. Beevis added. "The visibility of the PROTX2 brand on hang tags, both in store and on-line, will reinforce our presence across new regional markets," he concluded.

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 antiviral and antibacterial 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.

We seek Safe Harbor.