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IFA

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Share Name Share Symbol Market Type
TSXV:IFA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

iFabric Corp. Receives EPA Registration for Cliniweave AV

06/12/2012 4:05am

Marketwired Canada


iFabric Corp. (TSX VENTURE:IFA), hereinafter referred to as "iFabric" or the
"Company", today announced that its wholly-owned subsidiary company, Intelligent
Fabric Technologies (North America) Inc. ("IFTNA"), has received a second US
Environmental Protection Agency ("EPA") registration, this time in respect of
its Cliniweave (R)  antiviral technology.


"The cruise line industry is a clear target market for us with regard to our
antiviral technology as onboard outbreaks of infection caused by the Norovirus
have been well documented and well publicized in recent years, so we are viewing
the receipt of this registration as another important milestone for our company"
said Mr. Hylton Karon, President and CEO of iFabric. "Testing conducted by us at
a top North American laboratory, of textiles impregnated with Cliniweave (R) AV,
have shown these textiles to be highly effective against Norovirus and could
comprise one of the measures that could be employed by the cruise line industry
in order to reduce instances of Norovirus infection" added Mr. Karon.


"In addition, the Center for Disease Control and Prevention, in Atlanta (the
"CDC"), reports that there around 20,000,000 cases of Norovirus infection in the
United States each year, leading to over 70,000 hospitalizations and 800 deaths
http://www.cdc.gov/Features/Norovirus/ which, suggests that there may be a broad
market opportunity for solutions geared towards diminishing this epidemic"
concluded Mr. Karon.


ABOUT iFABRIC CORP:

iFABRIC CORP currently has 25.2 million shares issued and outstanding. 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.


Forward-looking statements provide an opinion as to the effect of certain events
and trends on the business. Certain statements contained in this news release
constitute forward looking statements. The use of any words such as
"anticipate", "continue", "estimate", "expect", "may", "will", "project",
"should", "believe" and similar expressions are intended to identify
forward-looking statements. These forward-looking statements are based on
current expectations and various estimates, factors and assumptions and involve
known and unknown risks, uncertainties and other factors. Forward-looking
information includes, but is not limited to, statements with respect to the
development potential of the Company's products.


Forward-looking statements are based on the opinions and estimates of management
as of the date such statements are made. Readers are cautioned not to place
undue reliance on these statements as the Company's actual results, performance,
or achievements may differ materially from any future results, performance or
achievements expressed or implied by such forward-looking statements if known or
unknown risks, uncertainties or other factors affect the Company's business, or
if the Company's estimates or assumptions prove inaccurate. Therefore, the
Company cannot provide any assurance that forward-looking statements will
materialize. The Company assumes no obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or any other reason except as required by applicable securities laws.


Any financial outlook or future oriented financial information in this news
release, as defined by applicable securities legislation, has been approved by
management of iFabric. Such financial outlook or future oriented financial
information is provided for the purpose of providing information about
management's reasonable expectations as to the anticipated results of its
proposed business activities. Readers are cautioned that reliance on such
information may not be appropriate for other purposes. The forward-looking
statements contained in this press release are made as of the date hereof and
the Company undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
iFabric Corp.
Hilton Price
CFO
905 882-4513
hilton.price@rogers.com
www.ifabriccorp.com

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