Rio de Janeiro, November 14, 2008 - Ideiasnet S.A. (Bovespa: IDNT3) investment company in Technology, Media and Telecommunications (TMT), announces its 3Q08 Results.

To access the complete Release, click here.

Highlights

» Proportional combined net revenue in the quarter was R$ 231.4 million, up 17.7% over 3Q07.

» Proportional combined EBITDA was R$ 7.4 million, increasing by 64.6% in relation to 3Q07.

» Spring Wireless received investments from Ideiasnet, Goldman Sachs and the U.S. venture capital firm New Enterprise Associates (NEA).

» Padtec was included in Telefónica’s selected list of global suppliers to supply WDM equipment for metropolitan networks and SDH equipment for access networks.

» Zura! became price comparison portal of the online shopping portal of Yahoo! Brasil.

» Launch of BrANDS, the first 100% digital communications holding company in Brazil, which will concentrate the services and products offered by Hands, AddComm, Media Factory and TVaoVivo.

» After consolidating the women’s segment, Bolsa de Mulher announced the expansion of its portal activities to Argentina, Chile and Mexico.

» In July 2008, Ideiasnet implemented an action plan at Softcorp and the first initiatives are already generating results with the significant improvement of the EBITDA margin, which was positive in 3Q08.

» Officer was selected the best company in the Wholesale Sector by the 32^nd edition of the Balanço Annual ranking published by the business newspaper Gazeta Mercantil – as described in the Subsequent Events section.

» Due to the uncertainties surrounding the market, Ideiasnet has adopted a more conservative view and estimates for 2008, a gross revenue growth of 15.0% to 20.0% and reevaluates its estimates for EBITDA growth of roughly 30.0% to 50.0% in 2008.

Conference Call

Participants
Luis Alberto M. L. Reátegui - CEO
Rodin Spielmann - CFO and Investor Relations Officer

Live webcast through the internet: www.ideiasnet.com.br

For additional information, please contact our IR team:
ri@ideiasnet.com.br

About Ideiasnet:
Ideiasnet is a publicly traded company, which invests in companies in the Technology, Media and Telecommunications sectors (TMT). It holds interests in large companies, market leaders and companies in the development phase with high potential for gains in scale and consolidation of the leadership position in their segments of operation. Aiming at maximizing value for shareholders, Ideiasnet operates in its investees, promoting synergies among them, adding management support, and actively contributing to the definition of strategies, market positioning and the structuring of mergers and acquisitions.