IDS Homeland Security Division Orders Soared 2,600 Percent in Q3
ORLANDO, Fla. -- IDS Worldwide Solutions, Inc.'s (Pink Sheets:IDWS) Homeland Security Division, under an exclusive territory agreement with DSC, a division of Tyco International, has received a record-number 4,000 new client orders in the current quarter, representing a 2,600 percent increase over the second quarter of 2005.
IDS launched its Homeland Security Division in the first quarter of 2005. This division supplies both IT and perimeter security to the government and private sector. IDS' product line includes both biometric and wireless GSM security software, hardware and monitoring. The IDS Homeland Security division also provides security site assessment for both IT and facilities security.
Patrick Downs, CEO of IDS stated, "IDS is pleased with the market's rapid acceptance of our homeland security products and our quality of service. IDS' HLS Division also provides its customers with armed response through our private security guards. IDS owns and operates a 32,000 square foot high-tech monitoring center for its customers and is exploring monitoring services with additional strategic partners in the security industry."
IDS generates revenue from both security product installations and reoccurring monthly monitoring fees.