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iFabric Corp. Provides Revenue Guidance for Fiscal 2021 First Quarter Q1 ENDED DECEMBER 31, 2020 OVERVIEW GUIDANCE: Based on preliminary results, the Company anticipates overall revenues in excess of $7,000,000 compared to $2,596,841 in Q1 2020, representing an increase of approximately 270%. Based on preliminary results, the Company anticipates revenues for the Intelligent Fabrics Division to be in excess $6,500,000 compared to $1,435,051, in Q1 2020, representing an increase of approximately 350%, as a result of commercialization of several programs utilizing the division s Protx2 formulation being proven to deactivate ≥ 99.9% the COVID-19 causing virus. Renewed & new performance apparel programs for a major Canadian retailer also contributed to the growth in revenues. Revenues for the Intimate Apparel Division were impacted by the decrease in in-store retail sales with the continuing lockdowns related to the COVID-19 pandemic and based on preliminary results the Compan

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