SOURCE: IDS Worldwide, Inc.

April 15, 2008 11:28 ET

IDS Worldwide, Inc. Announces Restructuring to Include Authorization of 5 Million Share Buyback and Retirement of Former Executives' Stock

IDS Worldwide, Inc. to Retire Millions of Shares of Former Executives' Stock to Treasury

ORLANDO, FL--(Marketwire - April 15, 2008) - IDS Worldwide, Inc. (PINKSHEETS: IDWD) announced today a major restructuring of the company. The restructuring which has been planned during the last seven month quiet period includes new board members and executives, the retirement of millions of shares of former executives who have been dismissed, authorization of a 5 Million Share buyback due to market conditions and the injection of millions in capital and new technology that the company is acquiring.

IDS Worldwide, Inc. has evaluated all offers during this quiet period that have been previously announced and have decided to go forward with its own internal restructuring instead of accepting any buyout offer at this time. IDS believes the former offers are not sufficiently capitalized to benefit the majority of shareholders.

IDS Worldwide, Inc. has decided to end its self-imposed quiet period at this time to dispel any market rumors of any reverse split, buyout of any public company resulting in massive dilution or merger. IDS is acquiring significant technology and contracts for cash. Some technology being acquired may be from public companies but does not involve any exchange of stock or merger. Additionally, the majority of the capital and technology is coming from former and new company insiders.

IDS Worldwide, Inc. will launch a new informative website with this new technology shortly. With this restructuring, IDS will have less than 37 Million Shares Outstanding, as well as well-capitalized and significant technology advances in the market place. The new capital has already allowed for production of new products and has built significant inventory for immediate sale.

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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