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In addition, at the meeting, iFabric shareholders approved resolutions to fix the number of directors at six, and in respect of the appointment of BDO Canada LLP, Chartered Professional Accountants, as the auditors of iFabric for the ensuing year.
About iFabric Corp.
Headquartered in Markham, Ontario, iFabric Corp www.ifabriccorp.com currently has 29.5 million shares issued and outstanding. Through its wholly-owned subsidiaries, Intelligent Fabric Technologies (North America) Inc. ("IFTNA") and Coconut Grove Pads Inc. ("Coconut Grove"), the Company offers a variety of products and services in both of its strategic divisions:
IFTNA is focused on performance apparel as well as proprietary chemical formulations that render fabrics, foams, plastics and numerous other surfaces intelligent, thereby improving the safety and well-being of the consumer.
Coconut Grove, operating as Coconut Grove Intimates, is a designer, manufacturer, distributor, licensor and licensee of ladies intimate apparel products and accessories.
FOR FURTHER INFORMATION, please contact:
Hilton Price, CFO
Tina Byers - Investor Relations
Gary Perkins - Investor Relations
Jean-François Dubé (Québec) - Investor Relations
SOURCE: iFabric Corp
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