SOURCE: IO Circuit

September 22, 2006 08:44 ET

(OTC PK: IDWD) Informed HLS to Deliver Final Documents for $2.35 Cash Buyout on September 25, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA -- (MARKET WIRE) -- September 22, 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.

To read the complete release, go to

Other active stocks are Cognos Incorporated (NASDAQ: COGN), FortuNet, Inc. (NASDAQ: FNET) and Palm, Inc. (NASDAQ: PALM).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $995.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.

Contact Information