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Special Alert Update


52-Week Range $3.00 - $6.15      
Shares Outst. (fully diluted) 11.5 million      
Approx. Float 3.0 million      

A Few Reasons to Consider IDIB:
  • IDIB was founded in 1996, and in the last 3 fiscal years ending 12/31, has generated revenues of $3.6 Million, $5.4 Million, and last year $13.4 Million
  • IDIB forecast’s fiscal year 2002 revenues to exceed $20 Million, and once again to be profitable
  • IDIB’s top-line growth rate over the past three years has averaged in excess of 100%
  • IDIB achieved profitability and went cash-flow positive in 2001
  • The domestic small to medium sized corporate direct marketing industry is estimated at $23 Billion. A one-percent market share translates into $230 Million in revenues, with margins in excess of 50%
  • Internationally, the direct sales industry is estimated to be in excess of $80 Billion
  • The market size of the large corporate vertical markets, into which IDIB is now moving, comprised of hundreds of thousands of independent agents, such as insurance companies, financial institutions and real estate, is estimated in excess of $200 Billion
  • IDIB's product line has been adopted by more than a dozen direct sales companies, including industry leaders such as Tupperware (NYSE:TUP)

    After the stock market close, an analyst initiated coverage on IDIB with a BUY, and a 6 month target price of $6 per share, which would be about a Double from today's closing price. (Read The Press Release Below)

    Press Release

    EquityNet Research Initiates Coverage on IDI Global, Inc. With a Buy Rating

    Analyst Puts 6 Month Target Price at $6.00

    Los Angeles, CA – May 6, 2002 – IDI Global, Inc. (OTCBB:IDIB) announced today that EquityNet Research, a Los Angeles-based, independent research firm has initiated coverage on the Company with a "Buy" recommendation.

    Randall Lewis, CFA, Senior Analyst with EquityNet who is covering the Company, stated, "While many technology companies have struggled over the past 18 months IDI has experienced explosive growth. They have built a profitable model for business customers that want an inexpensive way to grow revenue, while adding powerful management tools that utilize proprietary internet software for increased productivity. The power of the IDI model is that when they sign up a large customer, such as Tupperware Corporation, they are actually offering their service to tens of thousands of consultants that are the direct sales channel for the Corporation. Each of these consultants pays IDI a monthly fee to utilize this software application, which integrates the parent companies objectives with their large host of affiliate members. IDI is positioned to experience accelerated growth among small business customers and large companies that have affiliate networks, such as direct sales companies, insurance organizations and the real estate industry."

    Lewis continued, "We feel that IDI is positioning itself to become a leading application service provider (ASP) of infrastructure software, technologies, and services that implement comprehensive Internet-based business solutions.

    A full copy of the report is currently available at the EquityNet Research Web site at

    About IDI Global, Inc.

    Internet Development, Inc. is an application service provider of infrastructure technologies and services that implements comprehensive internet-based business solutions. IDI’s primary market is the small business owners’ within the small and home office industry and larger companies within vertical markets that have large affiliate networks. The technology engine that powers these programs allows both large complex organizations, as well as small stand-alone businesses to exploit the full capabilities of the internet.

    About EquityNet Research

    EquityNet Research was formed to provide the investing public with professional, independent, objective research on under-followed public companies. It does this by preparing detailed research that highlights the key aspects of each company and its industry, both positive and negative. EquityNet strictly maintains independence and objectivity according to the Standards of Professional Conduct of the Association of Investment Management and Research (AIMR).

    ******* Important Notice and Disclaimer: Please Read *******

    Investor Insights (II) publishes reports providing information on selected companies that II believes has investment potential. II is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. II accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment in IDIB is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. II has been hired by a third party consultant, and is contracted to receive 50,000 free trading shares of common stock for the publication and circulation of this report. II intends to sell all or a portion of the of the IDIB stock at or about the time of publication of this report. Subsequently II may buy or sell shares of IDIB stock in the open market. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, see the SEC filings of IDIB including the company's most recent annual and quarterly reports.

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