News

IDI, Inc. to Present at Rodman & Renshaw 17th annual Global Investment Conference

BOCA RATON, Fla.–(BUSINESS WIRE)–Sep. 3, 2015– IDI, Inc. (NYSE MKT: IDI), an information solutions provider, today announced it will be presenting at the Rodman & Renshaw 17th Annual Global Investment Conference, to be held September 8-10, 2015 at the St. Regis Hotel, New York City.
 
Event: Rodman & Renshaw 17th Annual Global Investment Conference
Location: St. Regis Hotel, NYC
Date: September 10, 2015
 
IDI Co-CEO Derek Dubner will deliver the Company’s corporate presentation and discuss its recent business highlights. … Continue reading IDI, Inc. to Present at Rodman & Renshaw 17th annual Global Investment Conference

IDI Announces Selection of Grant Thornton as New Auditor

BOCA RATON, Fla.–(BUSINESS WIRE)–Aug. 26, 2015– IDI, Inc. (NYSE MKT: IDI), an information solutions provider, today announced the appointment of Grant Thornton as its new principal independent registered public accounting firm, which was effective July 14, 2015. Grant Thornton replaces RBSM LLP. The decision to change auditors was not the result of any disagreement between the Company and RBSM LLP on any matter of accounting principle or practice, financial statement disclosures or auditing scope or procedure. … Continue reading IDI Announces Selection of Grant Thornton as New Auditor

IDI Adds Industry Veteran Daniel Lanphere as Vice President of Sales

Former LexisNexis Sales Executive Brings 18 Years of Experience to Company
BOCA RATON, Fla.–(BUSINESS WIRE)–August 24, 2015– (NYSE MKT:IDI), an information solutions provider, today announced that it has hired Daniel Lanphere, a sales professional with 18 years of direct experience in the technology, data and service solutions industries. Lanphere is a results-driven executive with a diverse background and skillset that encompasses sales, marketing, operations and business resource management in multiple industries. … Continue reading IDI Adds Industry Veteran Daniel Lanphere as Vice President of Sales

IDI, Inc. Announces $10 Million Registered Direct Offering

BOCA RATON, Fla.–(BUSINESS WIRE)–July 24, 2015– (NYSE MKT:IDI), an information solutions provider, today announced that it has entered into an agreement with an institutional investor to purchase $10.0 million of the Company’s common stock in a registered direct offering and a concurrent private placement of warrants to purchase common stock.
The Company entered into a definitive purchase agreement with the investor pursuant to which the Company agreed to sell 1,280,410 shares of its common stock at a per share price of $7.81 in a registered direct offering. … Continue reading IDI, Inc. Announces $10 Million Registered Direct Offering

IDI, Inc. Launches idiBASIC Information Solution Offering

BOCA RATON, Fla.–(BUSINESS WIRE)–July 08, 2015– (NYSE MKT:IDI), an information solutions provider, today announced the launch of its first information product offering, idiBASIC™, to meet the immediate needs of various industries which require a more intuitive, simplified, and cost-effective location and verification solution.
Since the Company’s recent transition into the multi-billion dollar data fusion space, the IDI technology team has been focused on the development of next generation data fusion technology, to provide the most advanced means of performing verification, … Continue reading IDI, Inc. Launches idiBASIC Information Solution Offering

IDI, Inc. Announces Business Update

China Advertising Services Business Discontinued
Sole Focus Now on Multi-Billion Dollar Data Fusion Market
BOCA RATON, Fla.–(BUSINESS WIRE)–July 2, 2015– (NYSE MKT:IDI), an information solutions provider, today provided a business update in conjunction with the Company’s transition into the high-growth data fusion market.
IDI has made the strategic decision to focus all of its operations and resources to further accelerate its growth within the data fusion market. As a result, the Company has discontinued its China advertising services business. … Continue reading IDI, Inc. Announces Business Update