SOURCE: IDS Worldwide, Inc.

September 15, 2006 11:18 ET

IDS Reports HLS 9100 Cell Phone Featured in Leading Biometric Industry Newsletter

IDS and HLS Executive to Meet Monday in Dubai to Review Tender Offer Documents and HQ Construction Site

ORLANDO, FL -- (MARKET WIRE) -- September 15, 2006 -- IDS Worldwide, Inc. (PINKSHEETS: IDWD) reported today that IDS executives will fly to Dubai Sunday night to meet with HLS Worldwide executives on Monday to review the draft of the tender documents for the $2.35 Cash buyout of all outstanding IDS Worldwide, Inc. common shares. IDS and HLS accountants are simultaneously preparing a final compilation of the combined companies' financials. IDS and HLS hope to have the final documents ready to submit for the tender offer after the conclusion of these meetings.

IDS also reported today that HLS 9100 Biometric Encryption Cell Phone is featured as the lead story in a leading Biometric Industry Newsletter. The newsletter can be seen at http://www.biometricinsight.com. The HLS 9100 is being released to the cell phone industry next week and represents the most technologically advanced phone ever introduced to the North American market.

HLS through its investment bankers will conduct an open auction for the technology licensing with the major cell phone companies in the world beginning next week. The HLS 9100 was designed to work with any of the major carriers SIM cards immediately. The HLS 9100 represents the most secure cell phone and/or PDA able to conduct biometric encrypted digital signature online banking and/or brokerage services from anywhere in the world.

HLS is already conducting tests with some of the major banks in the world to implement biometric-encrypted online banking for their customers. Banks and some stock brokerages have recently eliminated online services for their clients for conducting financial transactions and stock transactions due to the high risk of online identity and data theft. The SEC has recently issued a mandate that all financial brokerage firms must immediately take the necessary steps to protect their clients' online activities; this cannot be accomplished with the previous method of issuing online clients passwords to use. Unlike the old standard of 128 Bit SSL security and the outdated 256 AES encryption, HLS proprietary 384-Bit 18 layer encryption for the first time gives bank and brokerage houses unprecedented encryption security to protect their clients' data and online transactions. Banks and brokerages will utilize HLS Biometric Encryption Mouse for both online clients and in bank offices and for mobile use, customers will be able to utilize the HLS 9110 cell phone.

HLS reported that banks currently testing the device for full implementation are very pleased that the HLS Biometric Encryption software operates seamlessly with their current banking software and does not require expensive changes to database and transaction software. HLS is hopeful that the advanced encryption technology that the HLS 9100 brings to the industry will become an industry standard that will virtually eliminate overnight identity and data theft from cell phone transactions and also makes it impossible to "clone" any cell phone using the HLS 9100 technology. Cloning of cell phones has been one of the major tools for terrorists around the world to stay in communication without detection. HLS representatives are meeting with Congressional Leaders next week during the Biometric Consortium in Baltimore September 19-21st to propose that all prepaid phones be mandated to carry this biometric encryption technology thus eliminating another resource for terrorist communications and use in remote detonation of IEDs (improvised explosive devices).

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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