International Development & Environmental Holdings (OTCBB:IDEH.ob - News), an emerging leader in professional parking management, today announced that the Company plans to consummate the acquisition of Flash Parking Lynbrook, a commuter parking facility located at the Lynbrook train station of the Long Island Rail Road within two weeks, pending MTA approval. The parking facility has over 225 parking spaces and is nearly 100% utilized.

With an executed agreement completed on January 5, 2011, this represents one of many acquisitions planned to be closed during this quarter. Flash Parking Lynbrook serves a municipality and commuters, which the Company believes is key to its growth in the tri-state area.

The acquisition is structured as an assignment of Flash Parking's rights to operate the parking facility.

?We are presently working to close on transactions for which we hold definitive agreements executed during 2010/2011. In tandem, we are aggressively pursuing other acquisition targets, many of whom approached IDEH directly. It is a win, win for the Company and the investment community,? stated Scott Lieberman, CEO.

About International Development & Environmental Holdings

International Development & Environmental Holdings is an emerging leader in the parking management industry. Through an aggressive acquisition strategy, the Company plans to become a leader in the tri-state area in the professional real estate and parking management industry.

Safe Harbor

Statements included in this press release include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based upon current expectations that involve risks and uncertainties, such as our plans, objectives, expectations and intentions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including those set forth under the, Cautionary Notice Regarding Forward-Looking Statements and Business sections in the Company's filings with the Securities and Exchange Commission. We use words such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "believe," "intend," or similar expressions, variations of those terms or the negative of those terms to identify forward-looking statements. The forward-looking statements specified in the following information have been compiled by our management on the basis of assumptions made by management and considered by management to be reasonable. Our future operating results, however, are impossible to predict and no representation, guaranty, or warranty is to be inferred from those forward-looking statements.

For International Development & Environmental Holdings
Cynthia DeMonte, 917-273-1717
cynthiademonte@gmail.com