January 5, 2011 (FinancialWire) (The Small Cap News Leader http://www.financialwire.net/) — International Development & Environmental Holdings (IDEH – OTCBB), a parking management company, announced that the company executed an agreement with Flash Parking Lynbrook, Inc., to acquire the rights to Flash Parking’s commuter parking facility located at the Lynbrook train station of the Long Island Rail Road.

The parking facility has over 225 parking spaces and is nearly 100% utilized.

The acquisition positions the company in the tri-state area in regard to working with municipalities and related agencies which provide services to commuters.

The acquisition is structured as an assignment of Flash Parking’s rights to operate the parking facility. Scott Lieberman, President of the company is also the sole owner of Flash Parking and the purchase price will be based upon an independent third party appraisal.

Exchange Links: International Development & Environmental Holdings (IDEH – OTCBB)

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