ORLANDO, Fla., July 15, 2005 (PRIMEZONE) -- IDS Worldwide Solutions, Inc. (Pink Sheets:IDWS): CEO Cast.com, a leading financial news portal, today interviewed Patrick Downs, CEO of IDS Worldwide Solutions, Inc. (IDS). During the interview Mr. Downs was asked to give some insight into the IDS Homeland Defense Sector Products and its Biometric Security Division.
During the interview Mr. Downs stated IDS plans to become a fully reporting company and transition to the Nasdaq Small Cap or AMEX market in the 4th quarter of 2005. IDS was previously audited by overseas Independent Chartered Accountants up to its fiscal year end of June 30, 2005. IDS will now use a United States SEC certified accounting firm to conduct its audits to meet the necessary requirements to transition to a listed exchange.
The complete live audio interview can be heard at http://www.ceocast.com
For Additional Information: http://www.ids-worldwide.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.
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