SOURCE: IDS Worldwide, Inc.

October 11, 2006 09:52 ET

IDS Reports HLS Biometric Products Featured in Homeland Security Bulletin

HLS Going Forward With $2.35 Cash Buyout of IDS Worldwide, Inc.

ORLANDO, FL -- (MARKET WIRE) -- October 11, 2006 -- IDS Worldwide, Inc. (PINKSHEETS: IDWD) reported today HLS Biometric Security Products were featured in the Homeland Security Bulletin, a bulletin distributed to over 21,000 Federal, State and Municipal subscribers responsible for homeland security and critical IT infrastructure security on a daily basis. HLS products will be featured every Tuesday and Thursday for the next year. Homeland Security Bulletin features biometric authentication on Tuesday's and Critical IT Security and Infrastructure on each Thursday.

This exposure to high level decision makers on a weekly basis as the lead biometric products should further enhance the government sales already achieved for these leading biometric products. Governments around the world continue to purchase HLS world leading biometric encryption products at an increasing rate.

Further adding to world exposure HLS has signed with their largest distribution partner to date. Eurotrade Concept Market Network, of the Netherlands has agreed to promote HLS biometric products to their current IT channel partners in over 100 countries. This deal is expected to produce 1st year additional revenue in excess of $75,000,000, adding to the already explosive growth of HLS biometric products worldwide. Thus, further showing that HLS leading encryption technology is quickly being recognized as the strongest biometric security authentication available on the market today.

HLS executives are meeting with their advisors and bankers this week in Dubai to finalize arrangements for the previously announced $2.35 cash buyout of IDS Worldwide, Inc. common shares.

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