iFabric Corp. provided revenue guidance for first quarter ended December 31, 2020. For the quarter, the company anticipates overall revenues in excess of $7,000,000 compared to $2,596,841 in first quarter 2020, representing an increase of approximately 270%. The company anticipates revenues for the Intelligent Fabrics Division to be in excess $6,500,000 compared to $1,435,051, in first quarter 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. 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 Company anticipates revenues for the division to be approximately $600,000 in First Quarter 2021 compared to $1,129,707 in first quarter 2020, representing a decrease of approximately 47%.