ORLANDO, Fla., Aug. 3, 2005 (PRIMEZONE) -- IDS Worldwide Solutions, Inc. (Pink Sheets:IDWS) wishes to announce that the corporation has found itself the victim of individuals who issue spam e-mail purporting to come from the corporation or based on information issued by the corporation. IDS can attest to the accuracy and validity of all company press releases previously issued and asks the public not to rely on any information regarding the company unless it is clearly identified as having been released by IDS. Patrick Downs, CEO of IDS stated, "IDS does not condone spam e-mails and is making every effort to determine the identity of the responsible party and put an immediate stop to the e-mails in order to prevent any further inconvenience or confusion to the public or our shareholders. IDS is a stable, growing company and we do not expect this incident to have any lasting negative effect on the company or its shareholders."
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.