CybeRelease: (OTC: IDWD) Announces Stock Buy Back And Acquisition
(CybeRelease, May 24, 2006) - Lake Harmony, PA - IDS Worldwide, Inc. (Pink Sheets: IDWD) today announced that it held an overseas telephonic board meeting between IDS Worldwide, Inc. and HLS Worldwide, Inc. the company previously reported to be acquiring a substantial portion of IDS Homeland Security Division. HLS Worldwide, Inc. revealed their company plans to allocate funds from the initial profits of the 1st 500,000 units sold ($89,500,000 in total revenue) of the HLS Biometric 384-Bit Encryption USB Flash Drive to purchase up to 2,000,000 shares up to a limit of $2.00 as market conditions permit. HLS executives also stated that it reserved the right to exceed this amount, both in regards to amount of shares and share price if market conditions and growth in sales of the HLS Flash Drive continued its rapid acceptance in the market. HLS Worldwide, Inc. executives also stated during the call they would inform IDS Board of Directors before it surpassed these current guidelines.
To read the complete release, go to http://www.CybeRelease.com/idwd52406.htm
CybeRelease Gainers are VA Software Corporation (Nasdaq: LNUX), BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX), Novavax, Inc. (Nasdaq: NVAX), Acacia Research Corporation (Nasdaq: CBMX), Vical Incorporated (Nasdaq: VICL), AVI BioPharma, Inc. (Nasdaq: AVII), Indevus Pharmaceuticals Inc. (Nasdaq: IDEV) and GSI Commerce, Inc. (Nasdaq: GSIC).
CybeRelease Decliners are TVIA, Inc. (Nasdaq: TVIA), Escala Group, Inc. (Nasdaq: ESCL), Sirna Therapeutics, Inc. (Nasdaq: RNAI), Business Objects S.A. (Nasdaq: BOBJ), Crucell NV (Nasdaq: CRXL), Lawson Software, Inc. (Nasdaq: LWSN), Amazon.com, Inc. (Nasdaq: AMZN) and Sirius Satellite Radio Inc. (Nasdaq: SIRI).
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