Former LexisNexis Sales Executive Brings 18 Years of
Experience to Company
BOCA RATON, Fla.--(BUSINESS WIRE)--Aug. 24, 2015--
IDI, Inc. (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. In
his role, Lanphere will direct IDI’s sales and marketing-related
functions, playing a key role in driving the Company’s sales strategies
to further generate customer demand and achieve revenue objectives.
His professional experience includes senior management positions at Reed
Elsevier’s LexisNexis, a leading provider in the data fusion industry,
among other data and technology-focused companies. His efforts at
LexisNexis were a contributing factor behind the company’s ability to
maintain existing customer relationships within his regions, with the
addition of millions of dollars in incremental business. Most recently,
he served as Senior Vice President of Sales and Marketing at Verisys
Corp., where he was responsible for the growth of the company’s SaaS and
data aggregation businesses.
Derek Dubner, Co-CEO of IDI, Inc. stated, “We are pleased to have Dan
join our expanding team. Given his impressive industry background, we
believe he will make a significant contribution to our rapidly growing
company. Our ability to attract talent like Dan further validates our
strategic plan. We are seeing tremendous enthusiasm for our products and
have added hundreds of new customers thus far in 2015. With Dan
on-board, we believe customer adoption will only accelerate.”
IDI now employs more than 40 people with offices in Boca Raton, Florida;
Atlanta, Georgia; and Seattle, Washington.
About IDI, Inc.
IDI, Inc. is an information solutions provider focused on the
multi-billion dollar data fusion market. IDI delivers otherwise
unattainable insight into the ever-expanding universe of consumer- and
business-centric data. Through proprietary linking technology, advanced
systems architecture, and a massive data repository, IDI will address
the rapidly growing need for actionable intelligence to support the
entirety of the risk management industry, for purposes including due
diligence, risk assessment, fraud detection and prevention,
authentication and verification, and more. Additionally, IDI’s
cross-functional core systems and processes are designed to deliver
products and solutions to the marketing industry and to enable the
public and private sectors to layer our solutions over their unique data
sets, providing otherwise unattainable insight.
RELATED LINKS http://ididata.com/
Forward-Looking Statements Disclaimer
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 Daniel Lanphere
joining as Vice President of Sales will make a significant contribution
to IDI and whether customer adoption of IDI’s product will accelerate.
There are a number of important factors that could cause actual results
or events to differ materially from those indicated by such
forward-looking statements, including the risks set forth in IDI’s
Annual Report on 10-K, filed with the SEC on April 15, 2015, IDI’s
Quarterly Report on Form 10-Q filed with the SEC on August 14, 2015, as
well as the other factors described in the filings that IDI makes with
the SEC from time to time. You 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. We undertake no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.

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Source: IDI, Inc.
IRTH Communications
Andrew Haag, 866-976-4784
Managing Partner
idi@irthcommunications.com