| By Marketwired . | Article Rating: |
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| March 27, 2006 04:17 PM EST | Reads: |
181 |
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]
Published March 27, 2006 Reads 181
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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...
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.













