Welcome!

Cloud Security Authors: Zakia Bouachraoui, Elizabeth White, Liz McMillan, Pat Romanski, Yeshim Deniz

Related Topics: Cloud Security

News Feed Item

IDS Worldwide, Inc. HLS Division Signs Major Security Contract

HLS Signs Security and Monitoring Contract for WAPDA Town Society 3800 Houses

ORLANDO, FL -- (MARKET WIRE) -- 03/27/06 -- IDS Worldwide, Inc. (OTC: IDWD) today announced that IDS Homeland Security Divisions (HLS) signed a security contract with WAPDA in Lahore, Pakistan. WAPDA is the Water and Power Development Authority for all of Pakistan.

HLS will provide security installation, monitoring and HLS private armed police response cars for the entire housing society. The contract was signed by the Director of Security Major (R) Ch Safdar Hussain who stated in his written acceptance of the HLS contract, "We are hopeful that incorporation of you team shall be beneficial for the WAPDA Town."

This contract doubles the amount of contracts signed by HLS since its inception in less than one year making HLS the fastest growing security company in the Gulf Region. IDS HLS continues to experience wide acceptance of its advanced security, monitoring and private armed response cars in the Gulf Region. HLS in the past months have opened offices in Dubai and will open a new office in Karachi on May 1, 2006. HLS expects the Karachi and Dubai markets to be 4 times more lucrative than the Lahore operation substantially increasing HLS revenues and profits in 2006.

HLS recently contracted with NEC, Cisco and Arc Solutions to build the most advanced VOIP and Video Security Monitoring Center in the world. The monitoring is projected to be completed by these 3 vendors on May 25, 2006 with an initial operation of 100 monitoring stations capable of monitoring over 100,000 accounts worldwide simultaneously. This state of the art monitoring center is part of HLS overall business model making it a world class leader in both perimeter and IT security with its proprietary biometric technology.

IDS HLS Division will be introducing to the business world HLS proprietary Biometric Encrypted USB Flash Drives at the ISC West Show on April 5-7, 2006. HLS has already received $50 Million in orders for the Biometric Encrypted USB Flash Drive for the healthcare industry. HLS proprietary 384-Bit Encryption is the most advanced encryption available in the world and HLS is the 1st company in the world to develop a Biometric USB Flash Drive imbedded with this level of encryption technology. Making it impossible for anyone to hack into a client's desktop, laptop or server and in the event the hardware is stolen the computer cannot be turned on and the hard drive cannot be accessed without the "live beating" fingerprint of the authorized user and the encryption key associated with that user.

HLS is projecting $250 Million in 1st year sales of the Biometric Encrypted USB Flash Drive Worldwide which will result in an increase of approximately $1.50 EPS for the HLS Division. Each unit sold by HLS will also generate approximately $10.00 per year in annual maintenance fees producing additional revenue in year 2 of the product launch.

For further 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. 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.

Contact:
IDS Worldwide, Inc., Orlando
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to great conferences, helping you discover new conferences and increase your return on investment.
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...