Ideiasnet S.A. Growth of 228% in Net Income, 112% in EBITDA and 31% in Gross Revenue in the 1H07

Ideiasnet S.A. Growth of 228% in Net Income, 112% in EBITDA and 31% in Gross Revenue in the 1H07

RIO DE JANEIRO, Brazil, Aug. 8 /PRNewswire-FirstCall/ -- Ideiasnet S.A. (Bovespa: IDNT3), the long-term IT investment firm in Brazil, announces today its results for the second quarter (2Q07) and first semester (1H07) of 2007. At the end of the 2Q07, Ideiasnet retained holdings in 19 companies in the E- commerce, Wireless, Infrastructure & Software and Media & Entertainment segments.

   2Q07 Results   August 08, 2007      2Q07 HIGHLIGHTS    Conference Call       -- The holding company Net Income was R$ 2.3 million   August 09, 2007           in the 1H07.    11:00 am English      -- Proportional results (1) totaled R$ 3.2 million   Phone:                    in the 1H07, an impressive increment    +1(973) 935-8893         compared to the R$ 971.6 thousand registered    935-8893                 in the 1H06.    Code: 9061385                         -- Proportional Combined EBITDA (2) presented an   12:00 pm Portuguese       impressive growth in the first half,   Phone: 11 2188-0188       reaching R$7.6 million, a 112% boost   Code: Ideiasnet           compared to the same period of the                             previous year, reaching a Margin   Webcast                   of 3.9%.    www.ideiasnet.com.br                         -- Proportional Combined Gross Revenue reached                             R$ 239.3 million in the 1S07, representing an                             impressive growth of 31.2%                             compared to the 2S06.    Investor Relations    -- Infrastructure & Software portfolio EBITDA   Rodin Spielmann           increased 253% over the amount registered   CFO and IRO               in the 1H06, and EBITDA margin of 26.8%.   ri@ideiasnet.com.br                         -- Officer was elected by Exame Magazine "Melhores e                             Maiores" edition as the best company in the                             wholesale sector in Brazil.   

-- IdeiasVentures added Zura (price comparison website)

to its portfolio.

(1) Proportional Combined: considers Ideiasnet' proportional stake in its portfolio.

(2) EBITDA -- earnings before interest, taxes, depreciation and amortization, excluding

non-recurring expenses, is presented as additional information because we believe it

to be an important indicator of our operating performance, in addition to being

useful in the comparison of our performance with that of other companies. However, no

single figure should be considered as a substitute for net income posted under the

Brazilian Corporate Law (BR GAAP) or as a measure of the Company's profitability. In

addition, the way we calculate EBITDA may differ from the methodologies adopted by

other companies.

First Call Analyst:
FCMN Contact:

Source: Ideiasnet S.A.

CONTACT: Investor Relations, Rodin Spielmann, CFO and IRO of Ideiasnet
S.A., ri@ideiasnet.com.br, or Erika Tabacniks, 55 11 3186 3792, for Ideiasnet
S.A.

Web site: http://www.ideiasnet.com.br/

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Profile: International Entertainment