Infrastructure Developments Prepares for Major Military Exercise in Thailand

HERNDON, VA, Nov 02, 2010 (MARKETWIRE via COMTEX) -- Infrastructure Developments Corp. announced today that its Thailand based subsidiary, Intelspec, LLC (Thailand), is pursuing several logistics related Blanket Purchase Agreements (BPA) to service the large scale "Cobra Gold" joint US-Thai military exercises scheduled for the first quarter of 2011 in Thailand.

Intelspec participated in the Cobra Gold 2011 Vendor Conference held in Bangkok on October 26, 2010 and is targeting the capture of contracts in transport, logistics, and supply of pre-fabricated buildings for the 2011 exercise. Final proposals are due in December 2010.

Intelspec has successfully performed BPA contracts for the US Army in Cambodia in 2010, and was awarded the design build contract for the Close-Quarters Battle training facility in Lop Buri, Thailand that was opened during Cobra Gold 2010. The facility is reputed to be one of the finest training facilities of its kind in Southeast Asia.

Infrastructure CEO Thomas R. Morgan said, "Our performance record and experience in 2010, building for the US Military in Thailand and Cambodia as well as completing the BPAs in Cambodia for the US Army, makes us very competitive in our pursuit of the contracts for the 2011 Cobra Gold exercises."

About Cobra Gold: Cobra Gold is a regularly scheduled joint/combined exercise in the continuing series of US-Thai military exercises designed to ensure regional peace and strengthen the ability of the Royal Thai Armed Forces to defend Thailand or respond to regional contingencies. The 2011 program marks the 30th year of the Cobra Gold exercise series, and it remains the largest multilateral joint military exercise in the Pacific region.

About Infrastructure Developments Corp.: Infrastructure is an engineering and construction services company that services an underserved niche in the global project management spectrum, targeting specialized projects and subcontracts that are too small to attract giant multinational firms, but which still require world class engineering expertise. Staffed by key personnel with decades of experience in performing work for the US Department of Defense and the US Department of State, Infrastructure is familiar with the complex requirements of government contracts and the unusual challenges of performing high standard work in challenging environments. The company is also expanding its project management services into the oil and gas industry.

Forward-Looking Statements: A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties including Infrastructure's ability to procure design and management projects, competitive market conditions, and Infrastructure's prospects for securing additional sources of financing as required. The actual results that Infrastructure may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Infrastructure encourages the public to read the information provided here in conjunction with its most recent filings on Form 8-K, Form 10-Q and Form 10-K. Infrastructure's public filings may be viewed at www.sec.gov.