iFabric Corp. Announces Engagement of Tekkfund Capital Corp. for Investor Relations and Grant of Options

iFABRIC CORP.  ("iFabric" or the "Company") (TSX VENTURE:IFA) - today announced
that it has retained Tekkfund Capital Corp. ("Tekkfund Capital") to provide
investor relations and corporate communications services. Tekkfund Capital has
been retained for an initial term of three years, and will be responsible for
investor communications, the dissemination of corporate data packages,
investigating strategic business alliances and general corporate development
consulting services. Tekkfund Capital is a Toronto-based investor relations and
corporate development consulting firm owned by Gary Perkins. Mr. Perkins has
been involved with investor relations and corporate development consulting for a
variety of public companies trading on Canadian stock exchanges as well as
numerous private companies. He will be providing the services on behalf of
Tekkfund Capital.


In consideration of the investor relations services to be provided, the Company
will grant Tekkfund Capital options to acquire up to 75,000 common shares of
iFabric at an exercise price of $2.90 per share. The options will vest in three
tranches of 25,000, with the first 25,000 options vesting immediately and
subsequent tranches vesting on each of the next two anniversaries of the date of
grant.


The appointment of Tekkfund Capital is also subject to certain requisite filings
and approval by the TSX Venture Exchange. 


ABOUT iFABRIC CORP.

iFABRIC is a manufacturer, distributor, licensor and licensee of ladies intimate
apparel products and accessories as well proprietary chemical compounds that
render fabrics intelligent, thereby improving the safety and well-being of the
wearer. The Company currently has approximately 25.4 million shares issued and
outstanding. 


Neither the TSX Venture Exchange nor its Regulations Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
iFabric Corp.
Hilton Price
CFO
905 882-4513
[e-mail]
www.ifabriccorp.com