SEC Filing | Fluent

IDI, INC.

Date: June 1, 2015

/s/ Derek Dubner

Derek Dubner

Co-Chief Executive Officer

View:

Download DOC

Download PDF

Download XLS

FORM 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 1, 2015

IDI, Inc.

(Exact name of registrant as specified in its charter)

Delaware

(State or Other Jurisdiction

of Incorporation)


333-158336		77-0688094
(Commission File Number)		(I.R.S. Employer Identification No.)

2650 North Military Trail, Suite 300, Boca Raton, Florida		33431
(Address of Principal Executive Offices)		(Zip Code)

561-757-4000

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, If Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2 (b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))

Item 8.01 Other Events

On June 1, 2015, IDI, Inc., a Delaware corporation (the “Company”) updated its Company presentation and intends to first use it at the LD Micro Invitational being held June 1-3, 2015, in Los Angeles, CA. A copy of the Company presentation is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.


Exhibit No.		Description

99.1		IDI, Inc. Company presentation dated June 1, 2015

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EXHIBIT INDEX


Exhibit No.		Description

99.1		IDI, Inc. Company presentation dated June 1, 2015

EX-99.1

THE NEXT GENERATION

OF DATA FUSION

NYSE MKT: IDI

Exhibit 99.1

This presentation 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 non-historical

statements about our expectations, beliefs or intentions regarding our business, technologies and

products, financial condition, strategies or prospects. 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,

well

the

other

factors

described

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 presentation and speak only as of the date of this

presentation. We undertake no obligation to publicly update or revise any forward-looking statement,

whether as a result of new information, future events or otherwise.

Forward-looking Statements

IDI’s cross-functional core systems and processes are designed to deliver an

unrivaled level

of clarity into consumer data to support advanced marketing analytics.

IDI Overview

information

solutions

provider

strategically

positioned

within

the

emerging

data

fusion

market,

delivering

otherwise

unattainable

insight

into

the

ever

expanding

universe

of consumer-

and

business-centric

data.

Through

its

proprietary

linking

technology,

advanced

systems

architecture,

and

massive

data

repository,

IDI

will

address

the

rapidly

growing

need

for

actionable

intelligence

support

the

entirety

the

risk

management

industry,

including

the

following

primary

use

cases:

•

Due diligence

•

Risk assessment

•

Fraud detection and prevention

•

Authentication and verification

IDI Value Proposition

Established core market

Proprietary Systems

IDI is strongly positioned

within the rapidly growing,

multi-billion dollar data

fusion industry

Next-generation technology to

support the increasing needs of

multiple industries

Established information

technology business to

expedite growth

Experienced executives with

proven success building the

leading data fusion providers

Proven Management

Strong Foundation

Increasing Margins

Fixed COGS model, generating

increasing margins as IDI

scales and matures

IDI Management Team

IDI’s

executive

leadership

team

represents

over

half

century

combined

experience

the

data

industry.

proven

strategists,

innovators,

and

operators,

the

team

well

equipped

grow

the

current

business

platform

into

the

leading

Data

Fusion

provider.

Founder: Michael Brauser

An investor and operator in the data fusion market since its

infancy, Mr. Brauser has built market leading companies

with revenues totalling over $2 billion, including:

•

Kertz Security (CEO/President) –

Security company acquired in 1995 by

Wayne

Huizenga

for

$28

million.

After

additional

rollups

within

the

security

business, sold to Ameritech (now ADT) for $660 million.

•

Naviant

(Founder/CEO) –

Internet marketing company, acquired in 2001 by

Equifax for $135 million.

•

Seisint

(Founder/Board Director) –

Data fusion company, acquired in 2004

by Reed Elsevier for $775 million.

•

5to1

(Founder) –

Internet advertising company, acquired by Yahoo in 2011

for $28 million.

•

Interclick

(Founder/Chairman) –

Internet advertising network, acquired by

Yahoo in 2011 for $280 million.

Co-Chief Executive Officer: Derek

Dubner

For the last 15 years, Mr. Dubner worked closely with the late Hank

Asher, the creator of market leaders Seisint and TLO and often

referred to as “the father of data fusion”. Most recently, Mr. Dubner

served

general

counsel

TLO

from

inception

through

the

sale

substantially

all

the

assets

TLO

TransUnion

December

2013. Prior roles include vice president and associate group counsel at

Equifax, general counsel and chief compliance officer at Naviant

(acquired by Equifax), and corporate counsel at Seisint (acquired by

Reed Elsevier’s LexisNexis).

President and Chief Operating Officer:

James Reilly

Mr. Reilly has served in an executive management capacity within

the data fusion industry for the last six years, with over 15 years of

executive experience in data markets. Most recently, Mr. Reilly

served as executive management for TLO, responsible for building

revenue from start-up to sale. Additionally, Mr. Reilly was

responsible for all customer facing departments, the company’s

strategic initiatives, and relationship management of key strategic

partners and distributors.

Chief Science Officer: Ole Poulsen

Mr. Poulsen was the primary systems architect of leading data

fusion products Accurint (now a LexisNexis offering) and TLOxp

(now a TransUnion offering). The preeminent expert in this field,

Mr. Poulsen’s experience, expertise, and proven technology

leadership enables rapid expansion and an advanced delivery

platform.

IDI Key Shareholders

Michael Brauser

Founder & Large Shareholder

Mr. Brauser was formerly a founder and

Director of Seisint, which sold to Reed Elsevier

for $775 million. Prior to that, Mr. Brauser

was a founder and CEO of Naviant, which sold

to Equifax for $135 million. Mr. Brauser is

currently an active investor in various verticals

and has extensive experience building market

leading data companies.

Phillip Frost, M.D.

Large Shareholder

Dr. Frost has been the CEO and Chairman of OPKO

Health (NYSE: OPK) since March 2007. Dr. Frost

served as Chairman of the Board of Teva

Pharmaceuticals (NYSE: TEVA) from March 2010 to

December 2014, and had previously been Vice

Chairman since January 2006 when Teva acquired

IVAX Corporation. Dr. Frost had served as Chairman

of the Board of Directors and Chief Executive

Officer of IVAX since 1987.

Dr. Frost was named

Chairman of the Board of Ladenburg Thalmann

Financial Services Inc. (NYSE MKT: LTS) in July 2006.

Steven D. Rubin

Director

Mr. Rubin has served as Executive Vice President and

director of OPKO Health since 2007.

Mr. Rubin served

as the Senior Vice President, General Counsel and

Secretary of IVAX from August 2001 until September

2006. Mr. Rubin brings extensive leadership, business,

and legal experience to the board. Mr. Rubin currently

serves on the boards of, among others, CoCrystal

Pharma (COCP), Neovasc (Nasdaq: NVCN), and Castle

Brands (ROX).

Data Fusion Markets & IDI Solutions

Risk Management

Marketing &

Data Analytics

Needs:

Faced

with

business,

legislative

and

regulatory compliance, businesses must rely

on service providers to help identify, assess

and prioritize risks.

Solution:

IDI

intends

provide

actionable

intelligence, enabling businesses to obtain

information on consumers, businesses and assets, to

facilitate the location of individuals, identity

verification, and to support criminal, legal, financial,

insurance, and corporate investigations and due

diligence.

Needs:

ever

increasing

universe

data leaves companies struggling to make

sense of it all, leaving valuable metrics

unavailable.

Solution:

Leveraging

IDI’s

core

data

fusion

technology, the Company is uniquely positioned to

allow businesses to more fully leverage their data and

other data assets, gathering information across all

channels and consolidating it into a common view,

providing invaluable insight to drive marketing and

other business efforts forward.

Estimated Combined Markets: $13.6 Billion

IDI Competitors

Thomson Reuters (CLEAR®) –

Approximate revenue: $13 billion per year

A leading source of information for businesses and professionals, TR’s product offering CLEAR has been an

investigative tool in the public records market for over two decades.

$32 billion

market

cap*

$17 billion

market

cap*

Reed Elsevier (LexisNexis (Accurint®)) –

Approximate revenue: $9 billion per year

LexisNexis segments the products originally developed by Hank Asher and Ole Poulsen within its business

line Accurint®. With estimated revenue of $600-$900 million per year, Accurint serves more than 400,000

public and private customers.

$1.2 billion

annual

revenue*

TransUnion (TLOxp®) –

Approximate revenue: $1.2 billion per year

One of the three major credit bureaus, TransUnion expanded its data solution offerings by acquiring TLOxp

in late 2013. TLOxp continues to serve as an investigative and due-diligence tool for over 20,000 entities.

Direct Competitors

* As of May 2015

IDI Business Differentiators

2015

TECHNOLOGY

Legacy providers are built on outdated

technology and linking theory. IDI’s next

generation data fusion system will surpass

the previous, now dated, technology.

EXPANDED LEVERAGING OF DATA

IDI will leverage expansive amounts of data

not previously integrated into data fusion

systems, creating additional insight and value

to its customers.

INCREASED VALUE, REDUCED COST

By building a more efficient and intelligent

platform, IDI will leverage reduced costs related to

data, hardware, and personnel to provide a higher

quality product at a reduced price point.

CONSTANT INNOVATION

Continued interaction with industry experts, direct

communication with its client base, and a constant

push for advancing the technology forward, will set

IDI’s platforms apart from systems that have

remained relatively stagnant since their

introduction to the market.

IDI is focusing on several key differentiators to address the demands of the industry:

IDI Background

Several key factors contribute to the Company’s expanding growth platform:

Experienced

management

team with

proven success

in this field

World-class

technology

team led by

the preeminent

systems

architect in the

industry

Established, core

agreements with

major data

suppliers

Established

compliance and

security history

with all requisite

certifications in

place

Strong base of

initial customers

Formed through the acquisition of a legacy, niche data provider and subsequent merger with a NYSE MKT listed entity, IDI is

now positioned to aggressively expand across the entirety of the risk management industry, and to provide intuitive data

analytics in other key segments.

IDI Product Examples

Online Data Access (visual)

Discover:

•Criminal histories

•Motor Vehicle data

•Property data

•Vital Records data

•Place of Employment

•Financial indicators

•Affiliated Businesses

•Social Media connections

•….and more

IDI Product Examples

Full Comprehensive Reports in Seconds….

IDI Product Examples

Batch Processing

Utilizing a base of massive amounts of consumer-related data, IDI verifies, or appends, client data to provide additional insight

for

variety

use

cases

within

large

number

industries.

Processing

conducted

through

secure

file

transfers

real-time

data flow.

Online Data Access

Through intuitive and powerful online interfaces, IDI offers researchers efficient means of performing verification, due

diligence, and investigative functions:

Currently in BETA, idiBASIC offers immediate location and contact information associated with a

consumer. Use cases include skip tracing for collection agencies and law firms, repossessors, bail bond

agents, and process servers.

Currently in development with an expected release date of Q4 2015, idiCORE represents the next

generation of data fusion technology. Offering instant, comprehensive views of individuals, businesses,

assets,

and

the

connections

between,

idiCORE

poised

become

the

de-facto

solution

for

investigative

purposes

within

multiple

industries,

including

Law

Enforcement,

Government,

Insurance,

Banking, Corporate Risk, and many more.

Custom Data Solutions

Leveraging our powerful computing technology and proprietary, advanced linking algorithms, IDI can perform deep

analytics,

data

verification,

and

data

cleansing,

provide

powerful

views

customers’

own

data,

creating

never

before

seen value and actionable insight.

Business Vertical Focus

Actionable insight on consumers, business, assets, and the connections between, to support

demand from a variety of industries.

Examples include:

Banking and Financial Services

Insurance

Healthcare / Medical

Retail

Attorneys / Law Firms

Collection Agencies

Background Screening and Investigative Agencies

Law Enforcement and Government

IDI’s Significant Growth Opportunity

While leveraging current clientele affords short-term revenue growth, IDI is now aggressively pursuing an accelerated

expansion of opportunities, fueled by management experience and rapid innovation from its technology team:

Brand Positioning and Market Focus

–

Currently expanding to over a dozen new industry segments.

Evolution of Industry Technology

–

Work is well underway on the next-generation data fusion

platform (software and supporting hardware), which will effectively shift all current competitor

offerings to second-tier, dated technology.

Marketing and Data Analytics

–

As owners of significant data fusion intellectual property, IDI will

license technology and processing capabilities to support market

data analytics needs in multiple

markets.

Strategic Relationships

–

Developing key distributor and reseller channels with established entities to

accelerate entry into multiple market segments.

Strategic Acquisitions

–

Aggressively pursuing both competitive and complementary target entities

within an extremely fragmented market to speed customer acquisition and revenue growth.

Contact Information

Derek@ididata.com

IDI, Inc.

Derek Dubner, Co-CEO

561-757-4000

2650 N. Military Trail, Ste 300

Boca Raton, FL 33431

101 Yesler Way, Ste 207

Seattle, WA 98104

3057 Peachtree Industrial Blvd, Ste 100

Duluth, GA 30097