iBrands Aims to Disrupt the Building Industry

Irvine, CA, April 21, 2016 (Newswire.com) - iBrands Corporation Inc. (OTC-IBRC) today announced that they are in the final execution stage of an exclusive licensing agreement with an option to purchase the intellectual property and full manufacturing rights for a unique line of building products.

According to Michael Ogburn, iBrands CEO, “My team has been working diligently for the last couple of years helping develop these formulas with some of the best chemists and engineers in the world. These products are the result of a breakthrough in bio based open and closed cell elastomeric foams. These foams are the first of its kind to repel water. This has enabled us to create a building insulation that is bio based, water resistant, bug resistant, will not lose R value with humidity like fiberglass, mold resistant and fungus resistant. It also has an acoustic barrier that is up to four times that of fiberglass.  It’s even EPA approved to be used in or around waterways”.

"This will change the way homes and commercial buildings are built and remodeled. This product will have the same dimensions as traditional drywall. It will have the same facing that is on drywall and accept drywall mud and will be finished, cut and installed just like traditional drywall, except the weight is reduced by about 50%, its water resistant, mold resistant and 5X stronger than traditional drywall. Now there is an option to reduce holes and dings in walls".

Michael Ogburn, CEO

Ogburn states “On top of the insulation, we will have a line of carpet padding that is water resistant and therefor reduces pet odors. When you get your carpets cleaned, it’s doing just that; cleaning your carpets. The padding under your carpet is not being touched. Mold, mildew, pet urine and spills settle in and can grow. That’s why smells are so hard to get rid of. We developed a pad that will have all of the properties of traditional pad, that is also water and bug resistant at the same retail cost”.

The product that iBrands sees as the largest disruptor in the building space is a synthetic drywall made from a third formula covered in the agreement. “This will change the way homes and commercial buildings are built and remodeled. This product will have the same dimensions as traditional drywall. It will have the same facing that is on drywall and accept drywall mud and will be finished, cut and installed just like traditional drywall, except the weight is reduced by about 50%, its water resistant, mold resistant and 5X stronger than traditional drywall. Now there is an option to reduce holes and dings in walls”. Ogburn went on to state.

Terms of the agreement and finalization are expected in the next 10 days.

About iBrands Corporation, Inc.:

Headquartered in Irvine, California, iBrands Corporation, Inc.- A holding company that acquires and operates niche market brands having unique market positions within sectors that demonstrate return on investment potential. Business partnerships throughout the United States, Canada, Mexico, South America, and Europe provide our brands many markets to expand into and produce consistently high growth rates for the next decade. www.iBrandscorporation.com

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Source: iBrands Corporation Inc.