IDS Worldwide, Inc. -- Formerly Known as IDS Worldwide Solutions, Inc. -- Files Mandatory Certificate Recall and Symbol Change
ORLANDO, FL, Oct 05, 2005 (MARKET WIRE via COMTEX) -- IDS Worldwide, Inc. (OTC: IDWS) today announced that the Company has filed with NASDAQ the necessary documents from the State of Delaware and the CUSIP Bureau for the mandatory call of all common stock of IDS Worldwide Solutions, Inc. (OTC: IDWS) and the issuance of a new stock symbol representing the common stock of IDS Worldwide, Inc. (http://www.ids-worldwide.com).
IDS Worlwide, Inc. has already been issued a new CUSIP Number for its common stock and the company name change has been certified by the State of Delaware.
Current shareholders will be notified by their brokerages of this mandatory call and new symbol. Only shareholders with certificates and investors who have "borrowed" IDS shares will be required to surrender these shares to the transfer agent to receive the new common stock shares of IDS Worldwide, Inc.
IDS Worldwide, Inc. also announced today that the Board of Directors has received this week two unsolicited offers to purchase the Homeland Security Division (HLS) of IDS Worldwide, Inc. IDS is now conducting its due diligence on these offers to determine the best interest of its shareholders and will release further details upon conclusion of its due diligence.
IDS Homeland Security Division, under an Exclusive Territory Agreement with Digital Securities Controls, Ltd., a division of Tyco International, received 4000 new client orders, a record number of new orders in the past quarter representing a 2600% increase over the 2nd quarter of 2005.
IDS launched its Homeland Security Division in the 1st quarter of 2005. This division supplies both IT and Perimeter security to the government and private sector. IDS product line includes both biometric and wireless GSM security software, hardware and monitoring. IDS Homeland Security division also provides security site assessment for both IT and facilities security.
Patrick Downs, CEO of IDS, previously stated: "IDS is pleased with the market's rapid acceptance of our Homeland Security Products and our quality of service. IDS HLS Division also provides its customers with armed response thru our Private Security Guards. IDS owns and operates a 32,000 sq. ft high tech monitoring center for its customers and is exploring monitoring services with additional strategic partners in the security industry."
IDS generates revenue from both security product installations and reoccurring monthly monitoring fees.
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.
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WOW!!! IDWS not only DOT COM & homeland security, but also biotechnology, technology, and manufacturing--->http://www.ids-worldwide.com/
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IDS Worldwide, Inc. Updates HLS Division Buyout Offers
IDS Worldwide, Inc. -- Formerly Known as IDS Worldwide Solutions, Inc. -- Reviews Buyout Offers
ORLANDO, FL, Oct 06, 2005 (MARKET WIRE via COMTEX) -- IDS Worldwide, Inc. (OTC: IDWS) today announced that the Company has reviewed the previously announced two buyout offers for the Company's Homeland Security Division.
The value of both offers as presented to IDS are in the $35-40 Million range depending on various closing contingencies. 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 announce the Board of Directors decision at the beginning of the coming week.
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.
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Your presence here tic_toc is indicative of the clock on the IDWS time bomb whose clicking rattles the brain! I'll just say EPS is already 0.21-0.23 and should the HLSD purchase take place, $1 will be added to the value of every IDWS share. You do the math however you like it.
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No problem rick. As for me, I'm holding long for the big reward. Such a company does not come often.
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[Completely forgot to post today's news. Interest in this stock is increasing significantly.]
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.
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.
SUBJECT CODE: Energy and Utilities:Alternative Energy Energy and Utilities:Oil and Gas Energy and Utilities:Utilities Telecom:Cable and Satellite Services Telecom:Networking Telecom:Telecommunication Equipment Telecom:Telecommunication Services Telecom:Wireless
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IDS Worldwide, Inc. Reports on Pakistan Region Earthquake Monday October 10, 10:17 am ET
IDS Worldwide, Inc. Facilities Incurred No Damage From Earthquakes
ORLANDO, FL--(MARKET WIRE)--Oct 10, 2005 -- IDS Worldwide, Inc. (Other OTC:IDWS.PK - News) today announced that none of IDS Office Towers or Manufacturing Facilities incurred any damage from this past weekend's earthquakes in the Pakistan and India regions.
IDS also announced today the Board of Directors is continuing its discussions regarding the issuance of a special dividend payout to the common stockholders of IDS Worldwide, Inc. from the proceeds of the sale of IDS Homeland Security Division. IDS will discuss dividend options with Legal and Tax Counsel today. IDS believes a special dividend to common stockholders is the best way to increase shareholder value. The exact special dividend value has not been calculated but will range from $.37 to $.87 per common share. IDS will announce the completion of the Division sale and dividend plans after its meetings with counsel.
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IDWS passes 0.25 on 300K volume! IDWS unbelievable: "The exact special dividend value has not been calculated but will range from $.37 to $.87 per common share."
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