IFBC, in High-Profile Agreement With the Diplomatic and International Golf Association (DIGA), Agrees to Sponsor 3 Golf Tournaments in Italy

PLAINVIEW, NY--(Marketwired - February 05, 2016) -  Italian Food & Beverage Corp. (OTC PINK: IFBC) - The Italian Food and Beverage Company, (IFBC), is pleased to announce that it has entered into an agreement with The Diplomatic and International Golf Association (DIGA), which, located in Rome, Italy, primarily organizes golf events geared toward international diplomacy, namely, for The United Nations, international companies with a presence in Italy, as well as for exclusive Italian golf clubs and their affiliations.

As part of this arrangement, DIGA will organize 3 golf tournaments throughout Italy, all of which will be sponsored by IFBC. They will be known as "The IFBC Golf Challenge" and will feature IFBC food trucks as the official purveyor of food and refreshments to attendees. Further, IFBC, and all its events, will be advertised in DIGA's official magazine, which enjoys a circulation of over 25,000 subscribers. This well-respected golf publication will expose the IFBC brand to over 260 embassies, over 100 United Nations-affiliated golf courses, and, among many other prestigious venues, all the 5-Star hotels within the vicinity of Rome. 

Lorenzo Buffi, Chairman of IFBC, stated, "This opportunity with DIGA http://www.golfdiga.com/ greatly raises the awareness of the IFBC brand within the golf and diplomatic communities in Italy, as well as places IFBC on the radar of international circles. More important, it positions IFBC to be the sponsor-of-choice for major national and international golf events in the future, such as IFBC's possible participation in The Ryder Cup http://www.rydercup.com/europe/news/italy-host-2022-ryder-cup which will played in Italy in the year 2022."

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About Italian Food & Beverage Corp.

Italian Food & Beverage Corp. (formerly Blast Applications, Inc.) was a marketer and developer of cell phone applications for Android, iPhone®, Twitter® Facebook® and Nokia for purposes of monetizing a web surfer's dedication to social media sites through direct advertising programs tied to the Company's tools, applications and website -- www.blastapplications.com. Through its acquisition of Italian Food & Beverage Corp., a Nevada corporation, and the latter's subsidiaries, it is now in the business of manufacturing, exporting, importing, selling and distributing wine and various food products. Its website is now 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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