iFabric Corp Announces Strategic Investment in BlueCherry ERP System To Accelerate Growth and Realize Operational Efficiencies

Press Release

iFabric Corp (TSE:IFA) is pleased to announce its selection of the cutting-edge BlueCherry® Enterprise Resource Planning (ERP) system from Computer Generated Solutions, Inc. (CGS). This strategic investment of CAD $500,000 over two years, will cover a one-time license fee as well as the full implementation of the system, which is targeted to be fully operational by the end of 2025.

The BlueCherry ERP system comes equipped with advanced AI features that are set to significantly enhance iFabric's operational efficiency, particularly in inventory management. This system will streamline business processes, improve data visibility, and provide robust decision-making tools to support the company's continuing growth.

"We are excited to invest in BlueCherry, which we believe will be an invaluable asset to iFabric as we continue our impressive growth trajectory," said Hylton Karon, Group President and CEO of iFabric Corp. "The advanced AI capabilities of this system, combined with its comprehensive inventory management features, will enable us to better manage our operations, enhance customer satisfaction, and drive further innovation within our business.

We look forward to the full implementation by the end of 2025 and the positive impact this system will have on our ability to scale revenues rapidly and effectively.

The purchase of the BlueCherry ERP software solution aligns with iFabric Corp's strategic goals to continue expanding and enhancing its technological infrastructure, providing a solid foundation for future growth," concluded Hylton Karon.

"iFabric is committed to innovation beyond boundaries. Likewise, BlueCherry is dedicated to giving our clients supply-chain visibility and control beyond boundaries. With our ERP solution, iFabric will be even better positioned to fuel their innovation and drive growth," said Paul Magel, President, Business Applications and Technology Outsourcing Division at CGS. "We're grateful and proud to count iFabric within the BlueCherry community."

For more information about iFabric Corp and its initiatives, please visit www.ifabriccorp.com.

About iFabric Corp.

iFabric Corp (TSE: IFA) is a leading Canadian company that specializes in the design, development, and marketing of innovative solutions for the apparel and healthcare industries. IFA's annual revenues are now approaching C$ 30 million, with further sales and earnings growth targeted from its international slate of customers. The company's growth is fueled by its commitment to technological innovation and its ability to adapt to the ever-evolving demands of the market.

About BlueCherry

BlueCherry is the leading enterprise-grade software suite designed to meet the unique needs of the fashion industry. Offering a comprehensive digital supply chain management solution, BlueCherry empowers brands with real-time, end-to-end supply chain visibility to drive fundamental business processes. BlueCherry's unified platform leverages the latest digital technologies to streamline workflows, from planning and product development to manufacturing and sales. For more information, please visit www.bluecherry.com and follow us on LinkedIn.

About CGS

For more than 40 years, CGS has enabled global enterprises, regional companies, and government agencies to drive breakthrough performance through business applications, enterprise learning and outsourcing services. CGS is wholly focused on creating comprehensive solutions that meet clients' complex, multi-dimensional needs, and support clients' most fundamental business activities. Headquartered in New York City, CGS has offices across North America, South America, Europe, the Middle East, and Asia. For more information, please visit www.cgsinc.com and follow us on LinkedIn.

This press release was published March 17, 2025. CGS, Inc. is a member of SPESA.

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