IDGLOBAL Confirms Breakthrough Technology to "TAG" Oil, Diesel and Gasoline (Anti-Counterfeiting) on the Eve of Presenting at Global Petroleum Show.
June 4rd, 2008.
IDGLOBAL (Pink Sheets: IDGJ) is pleased to announce to its shareholders that one of North America's foremost analytical laboratories, has confirmed the IDGLOBAL Nano-Molecular Marker? can with absolute certainty, authenticate oil, diesel and gasoline for any of the global oil corporations. The ability to "tag" or "mark" the petroleum products for identification opens up an immediate multi-million dollar market.
In a recent report theft of crude oil, known as illegal oil bunkering, accounts for perhaps 10 percent of Nigeria's daily production and is a highly organized operation. Governor Ibori has stated that as much as 300,000 bpd (or 15 percent of production) are lost because of bunkering activities.
The Full article can be viewed at: http://www.hrw.org/reports/2003/nigeria1103/5.htm
"The timing is impeccable", stated Daryl Regier, President of IDGLOBAL. "The Global Petroleum Show (GPS- from June 10th --12th, 2008 in Calgary Alberta) occurs once every two years and is the largest petroleum conference and symposia in North America. It is attended by all major oil and petroleum corporations and oil services companies. We had planned our major Loss Prevention initiatives for this event-however now we can showcase our breakthrough anti-counterfeiting technologies to actually mark petroleum products with the same 100% accuracy that we guarantee with our Nano-Molecular Marker? for Apparel, Automotive, Pharmaceutical, and Packaging. Our largest revenue model for our Loss Prevention division for the past two years is in Nigeria. We have already confirmed meetings with several Sub-Saharan (African) oil services companies representing global oil refining companies."
About IDGLOBAL Corp. (www.idglobalcorp.com)
IDGLOBAL provides a range of leading technologies specifically designed to provide private enterprise and governments 100% solutions to their Counterfeiting infections and Loss Prevention / Anti-Theft security programs. IDGLOBAL's Nano-Molecular Markers / Tags? are specifically designed for global anti-counterfeiting applications and its IDFORENSIX? products provide Loss Prevention / Anti-Theft solutions for the annual $800 billion Anti-Counterfeiting and Loss Prevention markets.
IDGLOBAL is a forward looking company with a robust R&D program and product development and integration program for the purpose of providing next generation Nano based and leading edge Anti-Counterfeiting products and Security solutions.
Nano-Molecular?, Nano-Molecular Markers?, Nano-Molecular Tags? and IDFORENSIX? 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:?IDGLOBAL Corp.?
Daryl Regier, President & CEO?
Philip Viggiani, VP, Sales & Marketing?
Marc Hamilton, Chief Operations and Financial Officer?
866.922.4345 Investor Relations Toll-Free
250.862.8933?Local
250.862.8322 Fax??
(www.idglobalcorp.com)