IDGLOBALS' Nano-Molecular Anti-Counterfeiting Division on Record Pace for 2007 and Eyes Profitability in 2008
KELOWNA, British Columbia - August 10th,2007 (BUSINESS WIRE)--IDGLOBAL (Pink Sheets:IDGJ - News) is pleased to announce to its shareholders that revenues and the roster of clients for its Nano-Molecular-Markers? has grown significantly in fiscal year 2007 and continues to engage in multiple pilot projects with future growth prospects irrespective of the short term economic conditions. IDGLOBAL has been receiving client inquiries and requests for demonstrations and pilot project testing for its Nano-Molecular Anti-Counterfeiting Solutions at a pace that is unprecedented in its operating history. IDGLOBAL's Nano-Molecular Markers? 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? and handheld X-Ray scanning technologies.
Since the beginning of 2007, IDGLOBAL has added a number of Clients for its Nano-Molecular Marking technology for anti-counterfeiting applications which include:
1. CSA International (www.csa-international.org)
2. ATL Pharma Security Label Systems (www.altco.com)
3. Pazazz Printing www.Pazazz.com
4. A Major Sport Entity's Apparel/Merchandising division
In addition to these clients IDGLOBAL is in discussions with and/or engaged in pilot projects for its' Nano-Molecular Markers? with no less than six (6) S&P 500 companies and a multitude of other organizations, both private and governmental, for a potential solution to their counterfeiting infections. IDGLOBAL's current opportunities have a focus in the apparel, auto, pharmaceutical and electronics verticals but a wide cross section of idioms are represented as counterfeiting infections have no borders and are intrinsic in almost every industry where intellectual property can be stolen and "resold" by criminals. IDGLOBAL provides its Nano-Molecular Markers? 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 on virtually any inorganic item.
Phil Viggiani, VP Sales & Marketing states"Our synchronized efforts and aggressive Tradeshow schedule has proven to be an extremely effective methodology of showing to business and enterprise how completely effective and comprehensive IDGLOBAL's Nano-Molecular Anti-Counterfeiting solutions are for counterfeiting infections. Everything from infected distribution systems to "on-site" and "on the spot" retail verification to infected suppliers can be uncovered giving a potentially significant return on investment, preserving Intellectual Property Value, adding to the bottom line and providing an effective counter-measure to future counterfeiting infections."
The Growth in IDGLOBAL's two divisions, its' Nano-Molecular Markers / Tags? used in anti-counterfeiting applications and its' IDFORENSIX? products (refer to July 26 PR) utilized in Loss Prevention and Anti-Theft solutions, have resulted in an expansion requirement for both divisions. Employee additions are underway in both areas to take full advantage of IDGLOBAL's growth potential given the volume of client inquires and pilot projects that are on the table and that continue to multiply providing a solid base for profitability in fiscal year 2008 or sooner.
About IDGLOBAL Corp.:
IDGLOBAL Corp. is comprised of two primary operating divisions: (1) Its Anti-Counterfeiting and Brand Authentication division, which markets solution-based programs and products that utilize the Company's revolutionary Nano-Molecular Markers? systems and; (2) Its Corporate Loss Prevention / Anti-Theft division, which markets the Company's IDFORENSIX? product line - products that also utilize cutting edge, nano-molecular marker and scanning technologies specifically designed for Loss and Theft Applications. The combined Anti-Counterfeiting and Loss Prevention / Anti-Theft markets are currently estimated to be an US $800 Billion industry worldwide.
IDGLOBAL's Nano-Molecular Markers? 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? and handheld X-Ray scanning technologies. IDGLOBAL provides its Nano-Molecular Markers? 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 already established a multi-year track record protecting intellectual property, corporate assets and brand-name goods for major companies throughout North America.
IDGLOBAL's IDFORENSIX(TM) product line is specifically geared towards loss prevention, and in particular the protection of corporate assets such as tools, and the complete spectrum of corporate equipment from basic office supplies, up to and including, works of fine art. Most corporate losses are due to internal and/or invasive theft. Applications for the IDFORENSIX product line include every theft scenario from consumer theft at the retail level, to employee theft, to the larger problem of theft occurring within distribution systems and warehouse environments. IDFORENSIX markers tag and protect a company's merchandise and/or equipment so efficiently that they cannot be removed or tampered with once applied. This ultimately results in the long term prevention of nearly all theft, or at least--when prevention is not possible--the unequivocal ability for an organization to recover stolen articles and merchandise and have the necessary evidence to prosecute.
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.
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