IDGLOBAL Corporation (OTC: IDGJ)
KELOWNA, BC–(MARKET WIRE)–Jul 31, 2007 — IDGLOBAL (Other OTC:IDGJ.PK – News) is pleased to announce that the Company has received its first order from a major North American utility company (”Utility”) for its IDFORENSIX(TM) Loss Prevention products. Due to the highly sensitive nature of this program, IDGLOBAL and the Utility are not at liberty to disclose the name of the company and/or specifics of the program at this time; this to ensure the integrity of the IDFORENSIX(TM) loss prevention program as it is implemented.
On March 7, 2007, IDGLOBAL disclosed in a corporate news release that comprehensive testing was successfully conducted by this Utility over a period of months, resulting in an “unqualified” recommendation from the Utility’s security division for IDGLOBAL’s products and services. Results of this testing yielded full product success in all areas where IDGLOBAL’s technology was scrutinized. IDGLOBAL has received this first order confirmation as part of an effort by the Utility to provide enhanced identification and protection of its inventory. The Utility’s plan is to reduce the amount of theft that is intrinsic in several distinct areas within its corporate environment.
On July 26, 2007, IDGLOBAL announced the expansion of its IDFORENSIX(TM) loss prevention and theft product lines across North America. So far in 2007 IDGLOBAL has focused its efforts on specific verticals and sectors of industry that offer the Company the best potential for revenue growth. These sectors were identified based on the size and nature of existing problems, as well as on the existing product awareness of the IDFORENSIX(TM) product lines. The public utilities sector is one of these identified industries.
Phil Viggiani, VP of Sales for IDGLOBAL, commented: “Although IDGLOBAL has been generating substantial revenues from unsolicited work, we now have order confirmation for our first project in the lucrative utilities vertical — a result of an intense six-month scientific analysis, testing and work-up to prove that IDGLOBAL’s products apply an immediate solution to loss prevention and theft problems, as well as pass any and all durability needs for the utilities sector.”
IDGLOBAL is anticipating continued, significant growth for its IDFORENSIX(TM) division in 2007 and beyond, on a year-over-year basis, and promises to provide further updates as the Company monetizes additional pilot programs and sales initiatives currently “in process.”
For additional information on IDGLOBAL’s loss prevention programs, please visit www.idforensix.com. All sales inquiries should be directed to Phil Viggiani at (250) 862-8933.
About IDGLOBAL Corp.:
IDGLOBAL Corp. (www.idglobalcorp.com) is comprised of two primary operating divisions, its Nano-Molecular Markers / Tags(TM) used in Anti-Counterfeiting Applications, and its IDFORENSIX(TM) products utilized in Corporate Loss Prevention. The combined Anti-Counterfeiting and Loss Prevention markets are currently estimated to be $800 billion industries, worldwide.
IDGLOBAL’s Nano-Molecular Markers(TM) are the equivalent of taking the laboratory into the field and providing a verifiable answer as to a products authenticity in a matter of seconds by utilizing proprietary Nano-Molecular Markers(TM) and handheld scanning technologies. IDGLOBAL provides its Nano-Molecular Markers(TM) on a global basis and can easily be applied to product runs into the hundreds of millions of units at a cost of a fraction of a penny per unit. IDGLOBAL has established a multi-year track record of aiding in the protection of corporate assets and brand-name goods for major companies across North America. The Company is reviewing key alliance and acquisition opportunities to fast track growth and profitability.
The IDFORENSIX(TM) product lines are specifically geared towards loss prevention or corporate asset protection of assets such as tools, equipment up to and including fine art work. Much of corporate losses are due to internal and invasive theft. Applications for these forensic markers include everything from retail theft by consumers and/or employees to the larger problem of theft in distribution systems and warehouses. The IDGLOBAL, IDFORENSIX products mark, protect and identify merchandise and/or equipment to protect against theft. Literally, truckloads of product are stolen from companies that have very few options in proving and finding their stolen merchandise. Whether boxes of music CDs or high gauge and expensive electrical wire literally removed from power grid systems, it all amounts to billions of dollars in theft and loss. IDFORENSIX products can also mark and protect everything from oil and gas and mining equipment where millions of dollars of field equipment and tools goes missing to forensically marking dozens, hundreds or even thousands of laptop computers in office environments. The IDFORENSIX markers cannot be removed or tampered with once applied and provide a long term and unequivocal ability for an organization to mark, protect and recover stolen articles and merchandise.
Nano-Molecular(TM), Nano-Molecular Markers(TM), Nano-Molecular Tags(TM) and IDFORENSIX(TM) are registered trademarks of IDGLOBAL Corp. All Rights Reserved.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of IDGLOBAL Corp. to be materially different from the statements made herein.
Contact:
Contact:
IDGLOBAL Corp.
(866) 922-4345 Toll-Free
(250) 862-8933 Local
(250) 862-8322 Fax
http://www.idglobalcorp.com
Additional Investor Communications:
Equiti-trend Advisors LLC
(800) 953-3350 (Toll-Free US & Canada)
Source: IDGLOBAL Corp.
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