Compliance Software Company IDS Scores 2011 Florida Companies to Watch Award

ORLANDO, Fla., Jan. 11, 2011 /PRNewswire/ -- Innovative Data Solutions, Inc. (IDS) has been recognized as a recipient of the 2011 Florida Companies to Watch(SM) award. The award is presented by GrowFL, the Florida Economic Gardening Institute at the University of Central Florida, and ACG Florida, in association with the Edward Lowe Foundation.

Fifty companies from 18 Florida counties comprise this year's list of honorees to receive the prestigious accolade. The awards gala will be held on Thursday, Feb. 17 at the Rosen Shingle Creek Resort in Orlando, Fla.

Florida Companies to Watch is an awards program that celebrates privately held second-stage companies headquartered in the state. To be eligible, applicants must employ between six and 99 full-time-equivalent employees and have between $750,000 and $50 million in annual revenue or working capital in place. Awardees are selected for demonstrating the intent and capacity to grow based on employee or sales growth, exceptional entrepreneurial leadership, sustainable competitive advantage, or other notable strengths.

"Spending just five minutes in our Lake Eola office is a testimony to the passion and entrepreneurial energy this company exudes," said John Connell, IDS' Director of Sales and Marketing. "Coupling that energy with a community of support from clientele to local organizational resources, we can already begin to see ambitions and plans becoming reality."

This awards program symbolizes an opportunistic outlook and a glimmer of encouragement in the midst of the current economic downturn. IDS, along with the 49 other companies, exemplify unwavering perseverance, and have certainly paved the way for success within their respective industries.

About Innovative Data Solutions

IDS strives to provide the pinnacle in simple, paperless personnel management and regulatory compliance across a world of industries. Whether you're looking for a way to handle standards compliance, policy dissemination and archiving, document signatures, employee training, knowledge assessments, or feedback reception and open, professional communication, PowerDMS™ Suite exists to handle each entity separately or as a comprehensive toolbox that will ensure you bear the mark of compliance. To learn more, please visit www.powerdms.com or call toll free: (800) 749-5104.

Contact Information:

Abby Jarrett

Marketing Specialist

[email protected]

(800) 749-5104, ext. 8025

SOURCE Innovative Data Solutions, Inc.