ORLANDO, Fla., Aug. 31, 2005 (PRIMEZONE) -- IDS Worldwide Solutions, Inc., (IDWS) (Pink Sheets:IDWS) announced today that CEO Patrick Downs purchased a Chicago-based data center (http://www.battcave.com) with his personal funds.
CEO Patrick Downs stated, "I have a commitment to the shareholders of IDWS to add significant value to IDS Worldwide Solutions, Inc." He went on to share, "That the data center being transferred to IDS on a no-cost basis shows my confidence in IDS business model and rapid expansion of 995ad.com." The huge increase in daily traffic to IDS portal 995ad.com (http://www.995ad.com) made this acquisition necessary to facilitate the surging demand that is projected to reach over 1 million ads on the site in the first 90 days since being launched by IDS.
Mr. Downs believes his current holdings of 33,500,000 restricted shares is sufficient compensation for this transaction and increases shareholder value for all common stockholders.
The data center currently has 280+ business clients. The data center will be the second owned by IDS Worldwide Solutions Inc., with a third opening in the USVI in October 2005 and hurricane proof triple redundant center at level 3 in Orlando in September 2005. This will allow 995ad.com to process over 5 million simultaneous hits and enable 99 percent uptime. The data center in Orlando had zero downtime during the five hurricanes last year. The data center services will also be marketed and expanded through banner ads on www.995ad.com.
About IDS Worldwide Solutions, Inc. (IDWS)
IDS Worldwide Solutions, Inc. has invested seven years and millions of dollars in developing technology, infrastructure, personnel, and expertise in today's hottest global growth market segments, as well as engineering, manufacturing, software development, homeland security, and biometric identification systems with operations in the United States, the U.S. Virgin Islands, and Lahore, Pakistan. IDS has experience in all aspects of international trade and supply chain solutions.
IDS is currently active in such major growth segments, as biometric security, software development outsourcing, biomedical products, entertainment (CD/DVD manufacturing and packaging), nationwide security operations, offshore plastic product manufacturing, international sales, call centers, data centers, and U.S. based order fulfillment for infomercial-based marketing campaigns.
IDS's leading Internet portal 995ad.com (http://www.995ad.com) has already achieved unparalleled growth in the auto and travel sections of the portal becoming the second largest car site on the Internet. IDS has launched a multi-million dollar multi-tiered media campaign on worldwide cable TV and various Internet mediums that will allow IDS to pursue similar growth success in the boating, real estate, apartment, and online merchandise sales sectors such as IDS has demonstrated in the online auto sales category that has provided significant customer savings for ad placement of their products, properties, and services over the current leading online portals.
For further information: http://www.995ad.com and 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. 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.