Forward Event Stocks

[EdF]

WDSO .035/.05 April 2005:
see note below

(BSNS WIRE) Wireless Data Solutions and IDA Corporation Agree to a Consolidation/Merger to Design and Build New Products and Software for Automatic Vehicle Status Reporting and GPS Location

Business Editors / High-Tech Writers

SAN DIEGO--(BUSINESS WIRE)--Dec. 7, 2004--
An Agreement has been signed by the boards of Wireless
Data Solutions (OTC:WDSO), and IDA Corporation, a privately held
company in Fargo, North Dakota, to combine companies.
The Agreement caps joint discussions to make both companies
stronger within the industries they serve, while increasing market
share and providing a competitive advantage in the various fields of
producing high technology products such as: VoIP (Voice over Internet
Protocol) equipment, Digital Remote Control devices used to control
two-way radio base station equipment, and Fleet Mobile Data Terminal
products with GPS and proprietary software oriented toward fleet
vehicle tracking and other fleet related vehicle status reporting
operations. The company's Mobile Data Terminals (MDTs) report and
announce vehicle information to a dispatch location or central office
using real-time wireless networks, and subsequently store all vehicle
activity during the course of a workday. Management reports are then
available to maximize the efficiency factor in vehicle operations and
productivity, therefore providing customers with a compelling
competitive advantage in the area served. The final combination of the
companies is contingent on WDSO shareholder approval and raising a
limited amount of equity funds on or before April 30, 2005.
Wireless Data Solutions (WDSO), through its wholly owned
subsidiary DINET, manufactures and sells Mobile Data Terminals with
GPS location, providing fleet vehicles with real time status reporting
to a central office environment using proprietary dispatching
software. The company has an extensive customer base and has been in
business since 1987. It has manufactured in excess of 19 thousand
Mobile Data Terminals (MDTs) since the business began. WDSO has been
instrumentally successful in providing a way that MDTs can operate
over a myriad of complex two-way radio systems without recurring
monthly charges to truck fleets, specifically Ready Mix Concrete
fleets and "for hire transportation" fleets equipped with status
reporting capabilities containing proprietary software. Then, with
next generation products, transfer of vehicle information will be
available over many other digital wireless networks. The Combination
of these companies will allow WDSO and IDA to design and build new
Mobile Data Terminal products that are completely automated; meaning
most GPS and vehicle status inputs will be accomplished without driver
intervention. This means GPS location and various vehicle-operating
parameters are reported to a dispatcher or central office without
driver input. Notably, this standard could be applied to many vertical
markets where fleet vehicle management is not only important but
operating efficiency a crucial ingredient. The combined companies will
also continue discussions to employ a patentable vehicle sensor
device, which will capture and report many vehicle inputs and send the
information either real time, or store the information and then send
via existing Wi-Fi networks as the vehicle closes in on its home base
of operations.
IDA Corporation: IDA Corp. has a long-standing, twenty-seven year
reputation of designing and building electronic products and equipment
for a wide variety of wireless applications used by federal
government, State/Local governments, and business entities worldwide.
The company just recently finished developing and is selling VoIP
(Voice over Internet Protocol) products globally. IDA Corporation
employees on site design engineering, and contract manufacturing, and
the company has produced many finished goods to such companies as
M/A-COM formally General Electric Radio System products, US Navy,
Federal Express, NASA and Lockheed. IDA has also developed a Global
Tracking Data Center, which captures information relating to automatic
GPS tracking called "TRAKIT", which utilizes various wireless networks
to transport data. The GTDC is also capable of providing information
to various customers' outlets simultaneously via an Internet Based
technology or Local Area Network for complete "hands on" monitoring of
desired collateral equipment using the TRAKIT system. Globally, IDA
Corp. is one of only a few companies providing this service.
Combined, WDSO and IDA Corporation will meet objectives through
significant R & D programs directed toward fleet vehicle optimization;
further developing the company's expertise in providing specialized
contract engineering and manufacturing services; building its existing
customer base by providing an efficient and easy to use Global
Tracking Data Center, which tracks and monitors vehicles nationwide;
and, making choices to develop new products and programs designed to
build value for its shareholders over the long term.
IDA Corp. President and CEO Reed Danuser, and WDSO Executive Vice
President Robert Chase will lead the new combined company; both have
many years of operations and executive management experience in
producing results principally in high technology areas.

This discussion may include certain "forward looking" statements
that reflect our current views with respect to future events and
financial performance. Investors should be aware that actual results
may differ materially from our expressed expectations because of risks
and uncertainties inherent in future events; particularly those risks
identified and set forth previously. Factors that could cause or
contribute to such differences include, but are not limited to those
discussed in this section. Investors should not unduly rely on these
forward-looking statements. We undertake no duty to update the
information in this discussion if any forward-looking statement later
turns out to be inaccurate.

Reported a profit last quarter; O/S 15.1 mil