IDI Global, Inc. Reaches Agreement to Acquire Motor Millions

    OREM, Utah--July 19, 2002--Internet Development Incorporated (IDI), a wholly-owned subsidiary of IDI Global, Inc. (OTCBB:IDIB), is pleased to announce the execution of a letter of intent to acquire Motor Millions, LLC.
    Motor Millions was created to teach people how to create their own business by buying and selling automobiles. Its management has over a decade of executive experience in providing individuals the ability to create their own business opportunity. This company is growing at an unprecedented rate and expects to increase their revenues by millions of dollars this year. Upon completion of this transaction, which is anticipated to close in August, Motor Millions will become a wholly owned subsidiary of IDI Global, Inc. Motor Millions 2002 projected revenues are expected to reach 8 million dollars with net income of approximately 25%.
    IDI believes that once the acquisition is completed and the two companies infrastructures and talents have been combined, Motor Millions will immediately recognize a minimum of 25% increase in their revenues for the calendar year of 2002 and as much as a doubling of their revenues for the calendar year 2003.
    Kevin Griffith, CEO of IDI Global Inc., stated, "We believe Motor Millions will reach a monthly run rate of 2 million dollars within the next 12 months. We expect this acquisition to double IDI's revenue in 2003 and conservatively generate over 30 million dollars. Our companies are completely synergistic. They have one of the best back end operations we have ever seen, which will drastically increase IDI's profitability. With margins of approximately 30% Motor Millions is one of the best-run operations in the small business industry. Motor Millions uses a great deal of television marketing, which opens significant exposure for our mutual product lines. Our technology systems are complimentary and the additional sales and marketing infrastructure will allow both companies to experience much faster revenue growth."
    Steve Comer, President of IDI Global Inc. added, "With over 15 years of direct personal experience in the small business industry I have never seen a more dynamic opportunity for IDI. We consider the acquisition of Motor Millions to be a grand slam for our two companies. IDI's proprietary systems will provide immediate efficiencies; in the complex administrative requirements to facilitate the dramatic revenue growth we are projecting. We anticipate that formal contracts will be executed quickly. Our two companies have already completed most of the due diligence and both companies are anxious to consummate the acquisition."

    IDI Global, Inc. guidance for 2002.

    Mr. Griffith, CEO of IDI Global, Inc. reiterated, "The company's earlier guidance for 2002 revenues was $17,000,000 for IDI Global and its subsidiaries. Based upon completion of this acquisition and the combining of these companies, IDI's preliminary guidance for combined revenues for the calendar year of 2002 is expected to reach $24,800,000." IDI's management is providing this guidance in their belief that these revenues are significant enough and a material increase from the company's prior year and projected earnings.

    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 owner 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.

    Forward Looking Statements

    This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.