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 995ad.com 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 995ad.com 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 995ad.com deal, then IDS will still make it clear, in the necessary documentation for the buyout, that the 995ad.com division is NOT INCLUDED in the $2.35 cash buyout of IDS Common Shares.

995ad.com 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.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

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