SOURCE: IDS Worldwide, Inc.

June 23, 2006 14:35 ET

IDS and HLS Unveil New Biometric Encryption Products

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.

During this meeting, HLS revealed to IDS their latest Biometric Encryption Products. First, a 2GB version of the current HLS Bio-Flash Drive which will retail at approximately $249.00 in the United States. HLS 2GB Biometric Flash Drive is the only product of its kind in the world that thru biometrics and HLS own proprietary 384-Bit Encryption protects data files, the USB flash drive, internet data transmissions, the laptop or desktop computer and the only device in the world that upon removal kills the keyboard, USB and Serial ports until the authorized users biometric encrypted algorithm assigned to the device is re-entered.

Today there are only a couple of Generic Biometric 2GB USB Flash Drives manufactured in the world that simply protect the flash drive and some encrypted files and retail for approximately $300 to $500. For example the cheapest 2GB Biometric Flash Drive on the current GSA list costs $301.05. HLS superior technology and pricing economies will help it continue to achieve major market share revenue growth for worldwide sales of biometric flash drives.

The second breakthrough technology revealed to IDS that will be jointly marketed worldwide with HLS is the most technologically advanced cell phone ever produced in the world. Below are listed the features and specifications for the biometric encryption cell phones:


--  AuthenTec Biometric Sensor EntréPad 2510
--  HLS® Proprietary 384-Bit Encryption Algorithm
--  Bluetooth Enabled
--  AV Control with Touch Wheel Sensor
--  Color 3.2 Megapixel Camera with Carl Zeiss Optics and Flash
--  GPRS Enabled (High-Speed Mobile XHTML Browsing)
--  GPS (requires carrier service plan)
--  Sleek Contemporary Phone Design with Voice Recorder
--  Multimedia Functions (DVD-like quality with MPEG-4 video) Java Games and
    Applications and Expansion slot for Portable Encrypted Memory Cards.
Dimension:     87 X 43.6 X 20.9 mm
Weight:        92 g
Battery:       Talk time : up to 3.2 hours (with 570mAh standard battery)
Standby Time:  Up to 163 hours (with 570mAh standard battery)
Color:         Silver black / Black  (Pink Model Available)
Display:       1.9" 260K TFT Color LCD (320x240 pixel) Displays 16 Million
Melody:        64 polyphonic MP3 Ring-tone
Camera:        3.02 Megapixel Camera with Carl Zeiss Optics and Flash 4X
                Digital Zoom
               Camera hot key
               Self Timer

Network:      Tri-Band (GSM 900/1800/1900 MHz)
HLS and IDS focusing on the worldwide explosion in cell phone sales (India cell phone distributors alone sign 4 Million new users per month) are pleased that HLS scientists and engineers have been able to produce new technology never before available to the cell phone user in one product. HLS and IDS will jointly market the technology rights to the major cell phone carriers for its market implementation. HLS Biometric Encryption cell phone vastly exceeds the functionality and specifications of any cell phone currently on the market, even with such successful competitors as the Motorola Razor Phone™ which has achieved sales of millions of units since its launch. HLS and IDS have the manufacturing capabilities to bring this product to the market at wholesale prices significantly lower than any other multi-media cell phone currently on the world market.

HLS and IDS executives are confident that these two new breakthrough technologies will lead to vastly increased revenues and EPS for both companies in the coming year, achieving the company goals of building long-term shareholder value thru innovative technologies.

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. HLS has informed IDS in today's meetings that HLS is in the final stage of negotiations expected to be completed in the next 10 days for its 1st US acquisitions. HLS' move shortly to the United States stock exchange as a fully reporting company will provide long-term shareholder value for both HLS and IDS stockholders due to the companies' joint worldwide manufacturing and marketing agreements.

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.

Contact Information