Rio de Janeiro, November 14, 2009 - Ideiasnet S.A. (Bovespa: IDNT3, Bloomberg: IDNT3 BZ, Reuters: IDNT3.SA), a venture capital company that invests in Brazil and Latin America, announces todasy its results for 3Q09.

To access the complete Release, click here.

Highlights

⇒ Net Revenue from proportional ownership in portfolio companies was R$ 226.4 million in the third quarter of 2009, a reduction of 2.2% as compared to 3Q08 and growth of 23.5% in comparison to 2Q09.

⇒ EBITDA from proportional ownership in portfolio companies was R$ 3.7 million in the third quarter 2009 a reduction of 50.1% as compared to the same period in 2008 and a reversal of the negative result in 2Q09.

⇒ Bolsa de Mulher, acquired iTodas, a female-focused social media website. With this acquisition Bolsa de Mulher reached nine million registered users. Additionally, Bolsa de Mulher opened a New York office, signaling a more significant focus on the North American market.

⇒ Ideiasnet invested in Site Blindado, a business security solutions provider, and increased stake in MoIP as detailed under Subsequent Events.

⇒ NetMovies launched NetMovies LIVE, Brazil’s first on-demand film streaming service.

⇒ The e-commerce segment recorded EBITDA of R$ 4.3 million in the 3Q09, a 42.4% reduction when compared to the same period of 2008 (R$ 7.4 million) and a 414.5% increase in relation to 2Q09 (R$ 826 thousand).

⇒ Infrastructure and Telecom recorded Net Revenue of R$ 14.1 million a decrease of 30.8% in comparison to 3Q08 (R$ 20.4 million) and increased by 21.8% in relation to 2Q09 (R$ 11.6 million).

⇒ The Media, Communications & Content segment recorded Net Revenue of R$ 9.4 million, a growth of 85.5% in 3Q09, when compared to the same period in 2008 (R$ 5.1 million), and 26.0% growth when compared to 2Q09 (R$ 7.4 million).

⇒ As previously announced in a Notice to the Market, on October 30, 2009, Ideiasnet received a Public Tender Offer for its common shares, as detailed under Subsequent Events.

Conference Call

Participants:
Luis Alberto M. L. Reátegui - CEO
Rodin Spielmann - Business Development and Investor Relations Officer

Live webcast throught the internet: www.ideiasnet.com

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 sector. 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.