IDGlobal Corp. Executes Joint Venture With Dynasonic Solutions


CARSON CITY, Nev., Dec. 13, 2016 (GLOBE NEWSWIRE) -- IDGlobal Corp. (OTC:IDGC) is pleased to announce the signing of a Non-Exclusive joint venture with Dynasonic Solutions, Inc. (Calgary, AB, Canada).  The agreement consists of Dynasonic providing use of its existing, proprietary, portable oil/water/solids separator units, and there are various performance-based criteria requirements by both parties.  Currently, Dynasonic is operating in Alberta, Canada, as well as in the state of Texas, USA.  The agreement calls for the rollout of 6-8 units by IDGlobal Corp. over the next eighteen-months throughout North America, and we anticipate the first unit to be delivered and operational within 45 days.  The revenue projections per unit is between $2.4 million US and $5.1 million US, depending on the consistency of the material handled, with IDGlobal Corp. realizing 70% and Dynasonic 30% of revenue.

CEO Ken Berscht states, “This is the initial step in working with an existing proprietary technology handling both inorganic and organic materials, thus launching part of the Company's new business strategy.”

About IDGlobal Corp.

IDGlobal Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities Worldwide. IDGC seeks, through debt and equity investments, controlling interests, joint ventures and licensing agreements with established companies within the Medical Marijuana, Mining, and Water Purification Industries.

About Dynasonic Solutions, Inc. (https://www.f6s.com/dynasonicnano-emulsionbreaking)

Dynasonic is the next generation of oil/water separation; an effective low-energy, fully-mobile, separation solutions technology.  It is capable of liquid/liquid separation and liquid/liquid/solids separation up to 15% solids.  In conventional oil production, oil and water are produced together, put through standard free water knockout technology, oil goes to tankage and water can be stored for eventual disposal well injection.  This water is typically a light to dark brown color due to unnecessary excess oil content. Conventional separators efficiently break meso-emulsions, but leave behind oil in micro- and  nano-emulsions.  Oil recovery that should be going into the revenue stream is being injected as waste down disposal wells.  Dynasonic technology breaks down to nano-emulsions.

Forward-Looking Statements
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of ID Global Corporation and members of its management as well as the assumptions on which such statements are based.  Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated or changes to future operating results.


            

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