OTC Buyouts and Mergers

[beigledog]

IDS Receives Update From HLS Regarding Acquisition Plans
Wednesday July 5, 10:36 am ET


HLS Signs Deals to Acquire Two US Security Companies


ORLANDO, FL--(MARKET WIRE)--Jul 5, 2006 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) reported today 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 have now been signed by all parties. HLS and IDS will hold a joint news conference at 2:00 today with the acquisition details.
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.