IDND International Dispensing Corporation (PK)

International Dispensing Corporation (IDC) (IDND.PK) is pleased to announce that Gene Stoner and David Evaul, principals in GEDA, LP, located in Dallas, TX took the lead in securing $2.73 million for the Company. Among the GEDA, LP investors are Edward W. Rose, III and a group of individuals associated with his investment activities in Dallas, TX. �Gene and David are a terrific resource for the company,� says Greg Abbott, IDC Chairman and CEO. �Not only are they helping to broaden our investor base at an important time, but they have offered their help going forward. Working with them has been a great pleasure.� Gene Stoner commenting on the investment: �Greg Abbott is a visionary. David and I are excited to be a part of his vision.� This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect IDC�s current views about future events. Risks, which may cause actual results to differ materially, may include, but are not limited to: the lack of acceptance of IDC�s products by potential customers; IDC�s failure to continue to develop its product line or to attract and retain customers; its failure to anticipate and adapt to developing markets and the presence of competition, including potential competitors that are larger than IDC, with greater financial, technical, and marketing resources. International Dispensing Corporation (IDC) (IDND.PK) is pleased to announce that Gene Stoner and David Evaul, principals in GEDA, LP, located in Dallas, TX took the lead in securing $2.73 million for the Company. Among the GEDA, LP investors are Edward W. Rose, III and a group of individuals associated with his investment activities in Dallas, TX. "Gene and David are a terrific resource for the company," says Greg Abbott, IDC Chairman and CEO. "Not only are they helping to broaden our investor base at an important time, but they have offered their help going forward. Working with them has been a great pleasure." Gene Stoner commenting on the investment: "Greg Abbott is a visionary. David and I are excited to be a part of his vision." This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect IDC's current views about future events. Risks, which may cause actual results to differ materially, may include, but are not limited to: the lack of acceptance of IDC's products by potential customers; IDC's failure to continue to develop its product line or to attract and retain customers; its failure to anticipate and adapt to developing markets and the presence of competition, including potential competitors that are larger than IDC, with greater financial, technical, and marketing resources.