MARKHAM, ONTARIO--(Marketwired - Aug. 15, 2014) - iFabric Corp. (TSX VENTURE:IFA), hereinafter referred to as "iFabric" or the "Company", today announced that Cortney Aranoff, Vice President of its apparel division will be leaving the Company. Hylton Karon, President and CEO of iFabric will assume operational control of the apparel division until such time her successor is appointed.
"Cortney did a great job in securing key customer and license relationships for our apparel division and we are very grateful for this. We wish her well in her future endeavors," said Hylton Karon. "We have an extremely skilled and devoted team of product development, sales and marketing specialists in place and I have every confidence in their ability to build on these opportunities to their full potential as well as to secure additional opportunities for growth in this division," he added.
ABOUT iFABRIC CORP.:
iFABRIC CORP. currently has 25.87 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.
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