1st IFBC Golf Trophy Awarded This Past Weekend at the Marco Simone Golf Course, Host of the 2022 Ryder Cup

PLAINVIEW, NY--(Marketwired - July 19, 2016) - Italian Food & Beverage Corp. (OTC PINK: IFBC) Following up to IFBC's press release of 5 February 2016 regarding its partnership with The Diplomatic and International Golf Association (DIGA) for purposes of strengthening IFBC's presence in the golf sector, IFBC is pleased to announce that the 1^st IFBC Golf Trophy was proudly awarded this past weekend.

Over two days of intensely competitive golf at the prestigious Marco Simone golf club of Rome, more than 120 players, including ambassadors, United Nations officers, C-Level executives of international companies and other luminaries, competed to win the coveted prizes awarded by the Italian Food and Beverage Corporation. Among the winners was Ms. Barbara Borin, one of the youngest rising stars of Italian golf, who immediately departed for Sweden to represent Italy in The Golf Europe Ladies Championship.

The Marco Simone golf course will host the Ryder Cup in 2022, and, until such time, The Italian Food and Beverage Corporation, DIGA and Marco Simone will closely collaborate in hosting additional golf tournaments, along with the likes of AUDI, BMW, LEXUS, Turkish Airlines and Rolex.

Dino Luzzi, CEO of IFBC, has stated, "This important collaboration reaffirms IFBC's strategic plan to further its brand through the great game of golf."

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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