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BSNS WIRE) ID Four Announces Merger Proposal
ID Four Announces Merger Proposal


Business Editors

SAN DIEGO--(BUSINESS WIRE)--Dec. 7, 2001--ID Four Ltd.
(OTCBB:IDFR) today announced the proposed merger of assets with IDC
Technologies Inc. (OTCBB:IDCG).
ID Four's president announced today that the board of directors
have entered negotiations to merge the assets of ID Four with IDC
Technologies Inc., in an effort to create a new larger Technology
Holding Company.
The merger of the two companies would create a more defined share
structure for shareholders of ID Four, with IDC Technologies becoming
the surviving entity.
ID Four currently holds substantial assets and holdings in other
technology companies including Cyberfast Systems Inc. (OTCBB:CYSI).
The proposed merger subject to all parties' agreement would be
effective in January 2002, and shareholders of record would receive
IDCG stock in exchange for ID Four stock at the relative market values
on the agreed date of execution.
IDC Technologies is currently a voluntary reporting Pink Sheet
company, and upon satisfactory completion of the merger would file a
15C-211 to return to fully reporting status.
IDC Technologies Inc. (OTCBB:IDCG) is a newly developed technology
company which plans to acquire smaller companies in the communications
sector creating a network of profitable subsidiaries along with
research and development for advanced communications. IDC plans to
launch the new Web site www.idctek.com in the near future.
The details of the negotiations will remain confidential until the
transaction is fully completed.
"Safe Harbor" statement under the Private Securities Litigation
Reform Act Of 1995: This release contains forward-looking statements
that are subject to risks and uncertainties, including, but not
limited to, the impact of competitive products and pricing, product
demand and market acceptance, new product development, reliance on key
strategic alliances, availability of raw materials, the regulatory
environment, fluctuations in operating results and other risks
detailed from time to time in the company's press releases.

--30--jv/sd* ts/sd

CONTACT: ID Four Ltd.
Mary Martin, 858/456-3524

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET
TELECOMMUNICATIONS MERGERS/ACQ
SOURCE: ID Four Ltd.
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