BOCA RATON, Fla.–(BUSINESS WIRE)–Jul. 19, 2016– IDI, Inc. (NYSE MKT:IDI), a data and analytics company, today announced a major enhancement to its investigative solution for the risk management industry, idiCORE™, adding criminal histories into its next-generation platform.
Derek Dubner, CEO of IDI, commented, “We have repeatedly stated that this product will continually evolve, and this is just one more step in that process. Expanding our data assets is an essential part of our product roadmap. Coupled with our proprietary analytics and linking technology, greater data translates to greater insight, resulting in a more powerful solution for our customers. The addition of criminal records is an important step in widening the addressable markets served by idiCORE.”
The company additionally announced that another major system enhancement, including the integration of motor vehicle records, is expected within the next several weeks.
About IDI, Inc.
At IDI, we believe that time is your most valuable asset. Through powerful analytics, we transform data into intelligence, in a fast and efficient manner, so that our clients can spend their time on what matters most – running their organizations with confidence. Through leading-edge, proprietary technology and a massive data repository, our data and analytical solutions harness the power of data fusion, uncovering the relevance of disparate data points and converting them into comprehensive and insightful views of people, businesses, assets and their interrelationships. We empower clients across markets and industries to better execute all aspects of their business, from managing risk, conducting investigations, identifying fraud and abuse, and collecting debts, to identifying and acquiring new customers. At IDI, we are dedicated to making the world a safer place, to reducing the cost of doing business, and to enhancing the consumer experience.
This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipate,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward looking statements include statements about whether idiCORE will continually evolve and whether another major system enhancement will occur to idiCORE within the next several weeks. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are advised to consider the factors listed above together with the additional factors under the heading “Forward-Looking Statements” and “Risk Factors” in the Company’s Annual Report on Form 10-K filed on March 18, 2016, as may be supplemented or amended by the Company’s Quarterly Reports on Form 10-Q and other SEC filings. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Source: IDI, Inc.
Jordyn Kopin, 646-356-8469
Director, Investor Relations