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 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.

To read the complete release, go to http://biz.yahoo.com/iw/060921/0165426.html

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