Business
iFabric Corp Announces EPA Registration of New Technology, bioACTIV AM
MARKHAM, ON / ACCESSWIRE / January 31, 2023 / iFabric Corp. ("iFabric" or the "Company") (TSX:IF...
About this update from Ifabric Corp.
[{"type":"text","content":"iFabric Corp Announces EPA Registration of New Technology, bioACTIV AMMARKHAM, ON / ACCESSWIRE / January 31, 2023 / iFabric Corp. (\"iFabric\" or the \"Company\") (TSX:IFA)(OTCQX:IFABF), today announced that its wholly-owned subsidiary company, Intelligent Fabric Technologies (North America) Inc. (\"IFTNA\"), has received a United States Environmental Agency (\"EPA\") registration for its innovative new multifunctional technology, bioACTIV AM, which combines anti-microbial, anti-viral, deodorant and UV Protection into a single formulation.\"bioACTIV AM, represents the culmination of a lengthy period of development and testing to create a novel 4-in-1 formulation that marries anti-bacterial and anti-viral efficacy with deodorization and UV protection in a single textile finishing application,\" said Giancarlo Beevis President and CEO of IFTNA.\"bioACTIV AM represents the first technology of its kind that offers multiple performance attributes within a single formulation, which creates process and cost efficiencies for our customers while delivering enhanced multimodal capabilities. The team at IFTNA is constantly looking for ways to add to or improve upon our current line of products and bioACTIV AM is a fantastic new addition,\" continued Mr. Beevis.\"In addition to expanding and strengthening our line-up of innovative textile technologies, bioACTIV AM represents a meaningful advancement in our proprietary chemical delivery system, which will allow us to continue to create high performance single application chemistries that can be combined and then durably embedded as a single finish, creating multiple distinct or synergistic performance characteristics for any textile-based product. This new multifunctional capability combined into a single application can be brand specific, allowing us to customize products by customer to deliver exclusive performance combinations across various industries. I believe the innovative and customizable nature of this technology will appeal to many of our current and potential customers,\" concluded Giancarlo Beevis.IFTNA intends to initiate marketing and business development activities related to bioactive AM for both existing and potential new customers and partners starting in Q3 2023. The Company will also look at potential opportunities to incorporate bioACTIV AM into its existing brands incl...