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IDS Worldwide, Inc. Updates HLS Division Buyout Offers

IDS Worldwide, Inc. - Addresses Shareholder Questions on HLS Offers

ORLANDO, FL, Oct 07, 2005 (MARKET WIRE via COMTEX) -- IDS Worldwide, Inc. (OTC: IDWS) today clarified some shareholders confusion over the two buyout offers for the Company's Homeland Security Division.

The value of "each" of the Buyout Offers as presented to IDS are in the $35-40 Million range depending on various closing contingencies. There was some investor confusion that both offers combined were in the $35-40 Million range and this is actually the value of each individual buyout offer.

IDS further wishes to clarify that the HLS buyout offers do not include the purchase of the Company's Biometric Security Technology. However, a technology license for these products are being discussed for additional compensation over and above the buyout offers for the HLS division.

IDS Board of Directors has requested both bidders to turn in their final offers by close of business October 7, 2005. IDS received an offer from a third bidder after yesterday's press release but the offer did not meet the value of the two offers previously under review. IDS Board of Directors will review both final offers during the weekend and the Board of Directors will accept the higher of the two final offers. This deal is expected to close in the coming week regardless of which offer is accepted.

For further information: http://www.ids-worldwide.com and http://www.995ad.com.

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.

Contact:
IDS Worldwide, Inc., Orlando
[e-mail]

SOURCE: IDS Worldwide, Inc

CONTACT: mailto:[e-mail]


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