OTC Buyouts and Mergers

[beigledog]

IDWD.PK (.89) - IDS Receives Buyout Offer for All Outstanding Shares at $1.75 per Common Share


IDS and HLS Sign 400 New Security Clients at Security Expo
Jul 3, 2006 11:13:00 AM

ORLANDO, FL -- (MARKET WIRE) -- 07/03/06 -- IDS Worldwide, Inc. (PINKSHEETS: IDWD) IDS announced today that it has received an unsolicited offer to buy out the majority of all common shares of IDS Worldwide, Inc. for $1.75 per share. The offer by Worldwide Security Acquisitions was received over the weekend. IDS Board members will call a special board meeting immediately after the holiday to review this offer. IDS will consider the merits of the offer to determine if the offer satisfies the greatest long-term shareholder value.

IDS also announced today that in a joint marketing venture with HLS Worldwide, Inc. at a security expo signed 400 new clients in the last 3-day period. This further established HLS dominance in the security market as the fastest growing company in Asia. While revenue growth in the United States and the European community has fallen to single digit growth the Asian region is still experiencing triple digit growth rates yearly.

IDS previously reported that HLS executives informed IDS that they had been successful in their negotiations to acquire two USA based security companies. HLS informed IDS the company is acquiring one public trading company on the NASDAQ exchange and one private security company. Closing documents were compiled by the company's legal teams over the last 5 days and HLS will be signing the final documents on July 3, 2006. IDS under a non-disclosure agreement has reviewed certain business and financial documents related to the HLS acquisitions to assure IDS that the surviving company is a fully reporting, trading, operating and profitable company.

HLS will transfer all operation into the public company consisting of land-based security operations and it biometric product group. IDS is pleased that these acquisitions accomplish the previous goal of HLS special dividend being distributed thru the new acquired public entity. IDS will still own a large block of the publicly traded HLS Security Company adding long-term shareholder value for its common stock holders. HLS has informed IDS that after the closing docs are signed it will announce the completed details of both acquisitions.

IDS has been informed HLS plans it own separate release to approximately 500,000 targeted small cap investors detailing their plans moving from a private company to a public company, the company business profile and acquisition strategy for acquiring US Security Companies. HLS is using their own advisors and resources for this small cap investor campaign.