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iFabric Corp T.IFA

Alternate Symbol(s):  IFABF

iFabric Corp. is a Canada-based company, which is engaged in the business of designing and distributing women's intimate apparel. The Company is also in the business of developing and distributing a range of products and treatments that are suitable for application to textiles, plastics, liquids, hard surfaces and finished performance apparel which integrate one or more such treatments. Its two 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. (Coconut Grove). IFTNA is focused on development and sale of sports apparel, medical protective apparel, consumer protective apparel, and proprietary treatments that provide properties to fabrics, foams, plastics, and numerous other surfaces. Coconut Grove operates as Coconut Grove Intimates, is a designer, manufacturer, distributor, licensor and licensee of ladies’ intimate apparel products and accessories.


TSX:IFA - Post by User

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Post by jrk8888on Jun 01, 2021 9:14am
205 Views
Post# 33302062

nice to see...someone putting a boot up EPA's you know what

nice to see...someone putting a boot up EPA's you know what

iFabric Corp Provides Update on EPA Public Health Claim Registration

T.IFA 

MARKHAMON / ACCESSWIRE / June 1, 2021 / iFabric Corp. ("iFabric" or the "Company") (TSX:IFA),today announced that its wholly-owned subsidiary company, Intelligent Fabric Technologies (North America) Inc. ("IFTNA"), has received an update from the United States Environmental Agency registration ("EPA") for its public health claim registrations.

"IFTNA has received new guidance from the EPA agreeing to a request by IFTNA about the public health claims it is seeking. IFTNA has requested that its public health claims be registered in a manner that prevents competitors from leveraging IFTNA's results and registrations in order to shorten their own registration timelines. Under the revised EPA guidance, any competitor will still be required to replicate IFTNA's full test results with respect of the efficacy of PROTX2 for deactivating the various pathogens mandated by the EPA, which in the opinion of the Company is unlikely. This should mean that competitors will be required to move through a full cycle of testing and EPA approvals, which is a multi-year process," stated Giancarlo Beevis, President and CEO of IFTNA.

"All documentation required to facilitate the registration amendment has been fully submitted to the EPA as of the date of this release. Whilst this involves a small amount of additional time being added to the EPA approvals process, it will provide significantly greater protection from IFTNA's intellectual property, which will be of long term benefit to the Company, our customers, and our investors," added Mr. Beevis.

"In the meantime several high-ranking government officials in the United States have intervened on behalf of IFTNA in order to ensure that the EPA expedites final approvals, given the importance those officials see in the prompt and widespread deployment of IFTNA's technologies in the United States," concluded Giancarlo Beevis.


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