CybeRelease: (OTC: IDWD) Updates $1.10 Special Dividend
(CybeRelease, May 9, 2006) - Lake Harmony, PA - IDS Worldwide, Inc. (Other OTC PK: IDWD) IDS announced today that the record date for the Special Dividend valued at $1.10 per share has been set for May 18,2006 per common share of IDWD. IDS also reported today that IDS executive teams have left for China today to complete the infrastructure for the rollout of 995ad.com with its Chinese Joint Venture Partners. IDS and its partners are hiring approximately 2000 marketing representatives to begin the brand awareness in China for the 995ad.com Portal. 995ad.com will compete with such portals as Alibaba.com supplying over 1 Billion Chinese consumers with a portal for buying and selling of merchandise and the open exchange of trade leads. IDS Chinese Joint Venture Partners will supply 100% of the working capital for the marketing force and 995ad.com Chinese headquarters expense. IDS and its Chinese partners will split the profits from the joint venture on a 50/50 basis. IDS and its Chinese partners will hold a joint press conference via the Internet upon IDS executives return in 10 days. IDS previously reported it received a final offer to purchase 33% of 995ad.com thru the planned 995ad.com IPO at $5.00 per share and one warrant to purchase an additional share at $7.50 for 3 years. Due to the acceleration of the 995ad.com expansion IDS has changed its previously reported distribution to IDS common stockholders. Now upon effective registration all shareholders of record upon the effective date will receive 1 Unit, consisting of one share at $5.00 and one warrant to purchase and additional share at $7.50 for 3 years, for every share of IDS common stock owned on the date the 995ad.com IPO is approved by the SEC on a no cost basis stock distribution.
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CybeRelease Gainers are UFP Technologies, Inc. (Nasdaq: UFPT), InPhonic, Inc. (Nasdaq: INPC), Greenfield Online, Inc. (Nasdaq: SRVY), Knology, Inc. (Nasdaq: KNOL), Ditech Communications Corporation (Nasdaq: DITC), Leading Brands Inc. (Nasdaq: LBIX), Blackboard Inc. (Nasdaq: BBBB) and DTS, Inc. (Nasdaq: DTSI).
CybeRelease Decliners are Escala Group, Inc. (Nasdaq: ESCL), National Medical Health Card Systems, Inc. (Nasdaq: NMHC), Natural Health Trends Corporation (Nasdaq: BHIP), Jack Henry & Associates, Inc. (Nasdaq: JKHY), Warnaco Group Inc. (The) (Nasdaq: WRNC), Air Methods Corporation (Nasdaq: AIRM), Marchex, Inc. (Nasdaq: MCHX) and Lionbridge Technologies, Inc. (Nasdaq: LIOX).
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