SOURCE: IDS Worldwide, Inc.

April 19, 2006 09:12 ET

IDS Worldwide, Inc. Receives Final Offer for 33% of Valued at $100 Million

IDS Updates Portal and Equity Purchase Negotiations

ORLANDO, FL -- (MARKET WIRE) -- April 19, 2006 -- IDS Worldwide, Inc. (OTC: IDWD) previously announced that it received an offer for a minority interest in that IDS Board of Directors deemed inadequate. In subsequent discussions during the past weeks the offer was increased 40%. IDS has now received a final offer to purchase 33% of thru the planned IPO at $5.00 per share and one warrant to purchase an additional share at $7.50 for 3 years. IDS original plans will remain in place to distribute 1 share of the publicly traded for every 3 shares of IDS common stock owned at the time of the filing of registration statement.

IDS lawyers will now immediately update the necessary paperwork for public filing to include this new equity ownership. IDS felt that this offer provides the most long-term shareholder value and significant working capital to keep up with the every increase growth of IDS multiple divisions. This offer also allows IDS to retain the majority ownership of the division to maximize total return in the company's investment.

IDS believes that with its present crisp look, faster loading times ( now loads as fast as such major portals as Yahoo and MSN) is now reaching the goal to be one of the fastest and well designed portals for buyers and sellers of cars, boats, trucks, cycles, RVs and Real Estate. The portals already offer significant advantages for users with ad savings of up to 500% over other leading portals. IDS is pleased that has been able to achieve in less than 1 year what has taken major competitors 6 years and more to accomplish. IDS engineers will complete loading the new databases (programmed in the advance PG SQL language) this week that will result in search speeds equal to or faster than the leading portals on the Internet.

IDS CEO, Patrick Downs stated, "I have previously stated many times that IDS business model is to shape all its technology and assets for long term shareholder growth. IDS firmly believes that the advanced design and speed now achieved by the programming of millions of lines of code in this advanced language format will over time put the portal on par with the leading Internet portals that have existed for years. IDS expects this upgrade to the portal to translate into vastly increased revenues and profits for the company. It is for these very reasons that IDS is careful not to take unreasonably low offers for equity in with offers based only on its present value."

IDS further reported today that the HLS Division has purchased for cash a new office building in Karachi, Pakistan to accommodate HLS security activities being launched this month. HLS will be the primary host for the upcoming Asia Security and Petroleum Industry Conference starting in Karachi on May 17, 2006. This conference is expected to bring together over 50,000 industry leaders from all parts of the Gulf and Asia Regions to see the latest available security products to protect perimeter and IT security for businesses, banks and oil and gas facilities. HLS is the only company authorized at the conference to place advertising material and signs on the main dais and thru out the convention center. HLS has been very successful in branding the company as the fastest growing security company in Asia providing high tech wireless GSM security and HLS armed response police cars.

HLS will host a conference for over 2,000 VIP's from the government and business community this weekend in Lahore. HLS will be the only company represented at the conference and will further establish the HLS brand as the leader in the security industry in the region.

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