SOURCE: IDS Worldwide, Inc.

May 19, 2006 17:14 ET

IDS Worldwide, Inc. Updates Division News Announces Significant Updates to Division

ORLANDO, FL -- (MARKET WIRE) -- May 19, 2006 -- IDS Worldwide, Inc. (PINKSHEETS: IDWD) today announced that the company has decided to retain the services of one of the top 5 Wall Streets firms as its advisor relating to the division. The firm chosen shall assist IDS executives in examining various business strategies, including but not limited to, the purchase of portal by a publicly traded NASDAQ company, underwriting an IPO for division, and various joint international joint venture partners. Due to the increased complexity of various offers to the company over the last 10 days, IDS executives feel that it is in the best interest of its shareholders to get an outside independent analysis of the best track for IDS to take regarding the division of the company. IDS believes that its shareholders would be best served by IDS retaining the services of a top Wall Street firm that has been involved in public offerings in the past in the internet portal market segment. IDS will request these firms to submit their proposals no later than May 29, 2006.

The numerous upgrades to the portal over the last few months has greatly increased the functionality and made the site more user friendly. A recent site audit has shown these improvements have lead to an increase of over 133,633 car ads representing a 26% increase over the previous audit for a total of 633,633 automobiles for sale on the portal. The entire portal over the last 90 days had the entire source code of the site rewritten in a more advanced PG SQL programming language, installed more advanced servers and database management systems. This has enabled to be able to achieve load speeds equal to or faster than major portals sites such as Yahoo and MSN.

IDS will release a massive direct mail campaign directly to auto dealers this coming week, which will enable these business to be listed on, one of the highest populated automobile sales sites at prices up to 500% lower than the leading competitors. Simultaneous with this campaign IDS will announce a marketing campaign designed to drive millions of hits to the portal that will have prizes ranging from 2006 Ford Mustang cars, Dell computers, Canon Cameras, Sony Plasma Monitors, Ipods from Apple, Yamaha Jet Skis, Toyota Trucks and many more prizes sold by the various banner ad companies on the Portal.

Simultaneous to the upgrades made to the portal IDS executives in the past 10 days have made significant advances in the company's plan for expansion in China. Upon the completion of the Karachi Security Expo and IDS executives' return to the company headquarters in Pakistan on Monday, IDS will release the details of a joint venture agreement with our new Chinese partners. Some of the partners to the joint venture were instrumental in the development and marketing of IDS thru its joint venture partners will now be able to complete the translation of the portal into the various Chinese dialects in the next 45 days and upon completion of the quality control analysis launch the portal in the next 60 days to the over 1 Billion internet users in China.

IDS will await the advice of the Wall Street Brokerage house retained before making it final decision regarding the division. Regardless of the business track chosen, whether IDS is advised to continue with its original plan of an IPO or IDS is advised it would be better for IDS' long term shareholders to be acquired by a reporting public company in the same market segment, the stock distribution announced previously by the company on a 1:1 basis will not be altered. In order for a stockholder to qualify for this distribution of shares they must be a record holder of the date when the acquisition of the is closed by IDS and a reporting publicly traded company and/or the date a registration statement is filed for an IPO for

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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