SOURCE: IDS Worldwide, Inc.

June 06, 2008 09:23 ET

IDS Worldwide, Inc. Announces Merger With Avalon Technology Group, Inc.

Avalon Technology Group (ATG) Releases New Biometric Technology Products

ORLANDO, FL--(Marketwire - June 6, 2008) - IDS Worldwide, Inc. (PINKSHEETS: IDWD) announced today that the company has completed a merger with Avalon Technology Group, Inc. (ATG). The Board of Directors felt this merger was in the best interest of IDS shareholders and the outstanding IDS shares presently held shall remain outstanding and are not affected by this merger. All the estate, property, rights, privileges, powers and franchises of IDS shall vest in the new company.

Avalon Technology Group (ATG) also released publicly today the specifics of the leading biometric technology products the company has been selling to the public and private sectors. ATG has begun distribution of the world's first Biometric Encryption Mouse FIPS 140-2 Compliant with 256 AES Encryption that is VISTA compatible. The proprietary software includes Windows Auto Logon, Screen Saver Lock, Password Bank, 256 AES encryption and Application Protection.

Microsoft has announced its intention to cease distribution of the Microsoft XP operating system effective June 30, 2008. After this date any desktops and/or laptop manufacturers will only release products with the Vista operating system when choosing a Microsoft operating system. There are currently 140 Million Microsoft Vista licenses in use. There are approximately 4 biometric encryption mouses currently in the world and ATG's biometric encryption mouse is the only Vista compatible device. ATG anticipates shipping approximately 1 Million units of the biometric mouse in the coming fiscal year to current and future public and private sector clients.

Avalon Technology Group (ATG) also introduced the world's first Biometric Encryption Time Clock and Wiegand Security interface with WiFi capability. The ATG-CTC201 is a multi-function device which can be used for biometric time and attendance tied to payroll systems and simultaneously the unit can be used for security access control with up to three factor authentication. The ATG-CTC201 unit is the world's first WiFi capable biometric time clock and access control module eliminating the expensive and time consuming process to retro fit into existing facilities. The unit is compatible with EM, Mifare or HID proximity cards and can register 1500 employees.

ATG's biometric access control devices provide corporate and government agencies with significant technology and pricing advantages over its competitors. ATG has no competitors with a WiFi enabled biometric time and attendance and access control device. ATG and its affiliates are currently working on numerous corporate and government agency contracts with this breakthrough technology.

ATG and its affiliates currently conduct government sales under three GSA contracting vehicles including Minority Owned Women Business and Service Disabled Veteran Owned Small Business that specialize in providing commercial and government entities with quality services, software and biometric technologies.

Avalon Technology Group's security counsel has applied for a new stock symbol to better reflect the new company name, strategies and technology products. Now that the merger has been completed Avalon Technology associates will work to release the new corporate website shortly.

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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