SOURCE: IDS Worldwide, Inc.

September 21, 2006 10:46 ET

IDS Informed HLS to Deliver Final Documents for $2.35 Cash Buyout on September 25, 2006

IDS/STS Joint Venture Concluding 3 Days of Meetings at Biometric Consortium in Baltimore

ORLANDO, FL -- (MARKET WIRE) -- September 21, 2006 -- IDS Worldwide, Inc. (PINKSHEETS: IDWD) reported today that HLS has informed IDS that its advisors have finalized the tender offer procedures for the previously announced $2.35 cash buyout of IDS Worldwide, Inc. Common Shares. IDS expects to receive these documents outlining these procedures on Monday September 25, 2006 for final Board approval.

IDS executives have delayed their announcements regarding and certain agreements signed with a major internet portal until the review of these final documents. IDS has previously stated that it would like to conclude the deal prior to the start of the tender offer by HLS for the IDS Worldwide, Inc. common shares.

If it appears that the cash buyout must proceed prior to the conclusion of the deal, then IDS will still make it clear, in the necessary documentation for the buyout, that the division is NOT INCLUDED in the $2.35 cash buyout of IDS Common Shares. Division Must Be Spun out to the Common Shareholders of Record on the Date the Tender Offer Begins.

The IDS/STS Joint Venture meetings at the Biometric Consortium in Baltimore this week has been very successful and the joint venture has secured additional government agency orders this week for the HLS Bioflash USB with BioLock Data Protection System™. HLS has received orders from governments around the world to protect both military and government systems. The release of the biometric mouse and cell phone will greatly increase both revenues and EPS in the coming year and will enable HLS Worldwide plans to qualify for listing on the NASDAQ Small Cap Market.

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