RIO DE JANEIRO, Brazil, April 11 /PRNewswire-FirstCall/ -- Ideiasnet S.A. (Bovespa: IDNT3), a long-term investment vehicle in IT in Brazil, announces preliminary results for 1Q07:
The expected gross revenue of the companies in its portfolio for 1Q07 is R$ 254 million, 41% growth over the same period in 2006.
If analyzed separately, the portfolio of IdeiasVentures -- which groups companies with annual gross revenue of up to R$ 10 million -- should witness a 63% growth in gross revenue in 1Q07 over 1Q06.
Taking into account Ideiasnet's proportional share in the portfolio, growth during the same period is expected to be around 40%.
About Ideiasnet
Ideiasnet, a holding company for long-term investments in IT in Brazil, has as its purpose investing in specific IT segments, adding value to these companies and selling their interest when considered convenient for its shareholders. Ideiasnet currently holds interest in 18 companies in the "E-commerce and Content", "Wireless" and "Software Development and Infrastructure" segments, actively contributing to the companies' management with strategic and operating support.
