SOURCE: IDS Worldwide, Inc.

June 23, 2006 08:47 ET

IDS and HLS to Unveil New Biometric Products and Public Acquisition Plans Today

HLS to Reveal US Security Acquisition Plans

ORLANDO, FL -- (MARKET WIRE) -- June 23, 2006 -- IDS Worldwide, Inc. (PINKSHEETS: IDWD) reported yesterday afternoon that the company had received delivery of new breakthrough biometric products that will be jointly marketed by IDS and HLS Worldwide, Inc. After spending the last two days in New York meeting with their advisors, HLS executives flew to Orlando and after a 12 hour flight delay, meetings began late last night. The meetings are scheduled to begin again this morning at 11a.m. EST and will take a couple of hours to wrap up final details of the joint press release.

During this meeting, HLS will reveal to IDS their initial public acquisitions intended in the United States. IDS and HLS will issue a joint press release today detailing these decisions. IDS and HLS will also reveal particular details regarding the new biometric products. HLS and IDS feel each product individually will surpass the previous sales estimates for the HLS 1GB Biometric Encryption USB Flash Drive in the coming year. Once again establishing and further branding HLS Worldwide as the leading biometric technology developer in the world.

After the meeting conclusion, a press release detailing the new biometric products and HLS details released to IDS regarding acquisitions being negotiated will be detailed. IDS has been informed HLS plans it own separate release to approximately 500,000 targeted small cap investors detailing their plans moving from a private company to a public company, the company business profile and acquisition strategy for acquiring US Security Companies. HLS is using their own advisors and resources for this small cap investor campaign.

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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