SOURCE: IDS Worldwide, Inc.

November 16, 2006 15:20 ET

IDS Informed HLS to Update Timing of Tender Offer Filing and Dividend Trading Status

IDS to Announce Record Date for Qualification of Spin-Off

ORLANDO, FL -- (MARKET WIRE) -- November 16, 2006 -- IDS Worldwide, Inc. (PINKSHEETS: IDWD) has been informed by HLS Worldwide that the company will update IDS common stockholders of record on Monday, November 20, 2006 the proposed timing regarding the anticipated trade date of the dividend and the beginning of the tender offer for IDS common shares for $2.35 per share.

IDS also plans to release Monday the record date for shareholders to qualify for the shares pertaining to the spin-off.

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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