IBrands Corp. Finalizes Terms with Galileo Optics Execs Toward Acquisition

Company sets its sights on additional revenue streams and exponential growthAtlanta, GA- Feburary 22, 2011- IBrands Corp (OTC: IBRC) (www.ibrandscorp.com) is pleased to announce that it has finalized terms toward its acquisition of Galileo Optics. Negotations were announced earlier this month with a Letter of Intent from IBrands to Galileo toward purchase of the company, which specializes in wholesale distribution of consumer optical instruments to big-box retailers including some of the world’s leading household-names. As previously released, Galileo Optics, www.galileosplace.com