
MONTRÉAL, Feb. 21, 2025 – Imaflex Inc. (“Imaflex” or the “Corporation”) (TSXV: IFX) announced today that a cyber security incident has impacted some of its systems.
Imaflex acted quickly to control and lessen any possible effects on its data and operations. A thorough investigation has been initiated to determine the incident’s origin and scope. The Corporation is collaborating with external cybersecurity specialists to support these efforts, following industry best practices. While the incident has affected Imaflex’s operations, the company is still producing, shipping, and performing administrative tasks as needed, although with some temporary alternative methods.
About Imaflex Inc.
Founded in 1994, Imaflex specializes in creating and producing cutting-edge flexible packaging solutions. The Corporation also develops and produces films for the agricultural sector. The Corporation’s main products are polyethylene (plastic) film and bags, including metalized plastic film, intended for industrial, agricultural, and consumer uses. Imaflex, which has its headquarters in Montreal, Quebec, runs production sites in both Canada and the United States. The TSX Venture Exchange lists the Corporation’s common stock under the ticker symbol IFX. More details can be found at .
Cautionary Statement on Forward Looking Information
This press release contains “forward-looking” statements as defined by Canadian securities laws, including information about the cyber security incident’s effects on the Corporation’s operations and its capacity to reduce and handle the associated risks and uncertainties. Forward-looking statements are based on a number of estimates and assumptions that, while believed reasonable by the Corporation’s management, are subject to substantial business, economic, and competitive uncertainties, risks, and contingencies. Readers should be aware that such forward-looking statements are subject to known and unknown risks, uncertainties, and other variables that could cause Imaflex’s actual financial results, performance, or achievements to differ materially from the Corporation’s projected future results, performance, or achievements as expressed or implied by such forward-looking statements, and that such statements are not guarantees of future performance. These statements are additionally predicated on specific factors and assumptions. Further details regarding these estimates, risks, assumptions, and factors can be found in the Corporation’s most recent Management Discussion and Analysis, accessible on SEDAR+ at and on the investor relations section of the Corporation’s website at . The Corporation is not obligated to update or revise any forward-looking statements, whether as a result of new information, events, or otherwise, unless specifically mandated by law. Readers are advised not to place undue reliance on these forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Imaflex Inc.
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