Ms. Foo Lai Chan Director-in-Charge of IFBC's Singapore Restaurant Operations

PLAINVIEW, NY--(Marketwired - July 18, 2016) - Italian Food & Beverage Corp. (OTC PINK: IFBC) is pleased to announce the hiring of Ms. Foo Lai Chan of Singapore as the Director-in-Charge of IFBC's Singapore restaurant operations. Ms. Chan has enjoyed a successful international career in the marketing, procurement and sourcing of organic food products. Educated in Tokyo, Japan with a degree in International Business and Trade, Ms. Chan was, most recently, the Director and Owner of EURASI Pte Ltd. in Singapore, a company engaged in the organic certification of foods, fertilizers, composting and all matters of organic agriculture.

As Director-in-Charge of IFBC's Singapore restaurant operations, Ms. Chan will oversee the first of IFBC's Italian restaurants in both Singapore and Asia. These beautifully designed eateries will feature extraordinary "food-on-the-go" along with sit-down dining accommodations. Featuring the freshest of organic, handmade pastas, all fashioned by hand, from three types of superior grains, and topped with delicious, organic homemade sauces, these restaurants will be designed with an open, ultra-modern, "green" motif. Also, on the menu will be delicious, freshly- prepared, thin crust pizzas (pinsa) which will reflect IFBC's full commitment to offering the highest quality of organic, easily-digestible fare. Rounding out the restaurant's culinary offerings will be an exquisite assortment of homemade desserts, all to be accompanied by a wide range of Italian beverages, such as espresso, cappuccino, Italian sodas, etc.

Andrea Di Gregorio, Executive Vice President was quoted as saying, "IFBC's entre into the free-standing restaurant business in Singapore, under the watch of Ms. Chan, is just one additional step towards IFBC becoming a premier international food company, which oversees all aspects of organic food production, distribution, preparation and marketing."

About Italian Food & Beverage Corp. Italian Food & Beverage Corp. establishes and develops brands committed to fulfill customer needs throughout the world while providing the finest experiences based on the Italian wine and food culture. IFBC operates as an importer, exporter, merchant, distributor and dealer of fine wine and food products. The Company and its subsidiaries have established wholesale distribution headquarters, offices and warehouses in several countries including Italy, Singapore, Austria, Hungary and the UK. http://ifbcorp.com/

Forward Looking Statements This release contains "forward-looking statements" and information provided by Italian Food & Beverage Corp. such as online, printed documents, publications or information available via its website. It may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause the Company's results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. These statements may also include plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing. There can be no assurance that the negotiations being considered by the letter of intent will be completed.

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