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November 30, 2007 - 8:33 AM EST
Digital Angel's Manufacturing Partner Raytheon Microelectronics Espana S.A. to Participate in Production Development of Self-Contained Implantable RFID Glucose-Sensing Microchip
Raytheon to Participate in Event on December 4 at Grand Hyatt in New York
Digital Angel Corporation ("Digital Angel") (AMEX:DOC), an advanced technology company in the field of rapid and accurate identification, location tracking and condition monitoring of high-value assets, and VeriChip Corporation (“VeriChip”) (NASDAQ:CHIP), a provider of RFID systems for healthcare and patient-related needs, announced today its manufacturing partner, Raytheon Microelectronics Espana S.A. will participate in the production development of a self-contained implantable RFID glucose-sensing microchip being developed by Digital Angel and its project partners VeriChip and RECEPTORS LLC.
Raytheon Sales Manager John Reddy will join Digital Angel, VeriChip and RECEPTORS for an event on December 4, 2007, at 4:30 p.m. EST at the Grand Hyatt in New York to unveil plans to build a prototype self-contained implantable bio-sensing device included in an RFID microchip that for the first time will have the ability to measure glucose levels in the human body, thereby negating the need for diabetics to prick their fingers multiple times per day. Dr. Manny Alvarez, Chairman of the Department of Obstetrics and Gynecology and Reproductive Science at Hackensack University Medical Center and FoxNews.com health managing editor, will also speak at the event.
Parties interested in attending the New York event should contact Allison Tomek at 561-805-8008 as soon as possible. Space is limited.
About RECEPTORS LLC
RECEPTORS' technology originates from its CARA(TM) AFFINITY BY DESIGN(TM) Discovery Platform, which allows the company to optimize artificial receptors to any application. Its product suite focuses on the development of an integrated proteomics "toolkit", with an emphasis on high-performance protein isolation and biomarker discovery. RECEPTORS LLC is privately held. For more information on RECEPTORS, please call 1-952-448-4337, or email info@receptorsllc.com. Additional information can be found online at http://www.receptorsllc.com.
About Digital Angel Corporation
Digital Angel Corporation (AMEX:DOC) is a leading provider of radio frequency identification (RFID) and global positioning system (GPS) technologies that enable the rapid and accurate identification, location tracking and condition monitoring of people, animals and high-value assets. The company’s products are utilized around the world in such applications as pet identification using its patented, FDA-approved implantable microchip; livestock identification and tracking using visual and RFID ear tags; and GPS search and rescue beacons for use on aircraft, ships and boats, and by adventure enthusiasts. Digital Angel Corporation has entered into an agreement to merge with its parent company Applied Digital Solutions, Inc. (NASDAQ:ADSX).
About VeriChip
VeriChip, headquartered in Delray Beach, Florida, develops, markets and sells radio frequency identification, or RFID, systems used to identify, locate and protect people and assets. VeriChip's goal is to become the leading provider of RFID systems for people in the healthcare industry. The Company recently began marketing its VeriMed(TM) Patient Identification System, a passive RFID system for rapidly and accurately identifying people who arrive in an emergency room and are unable to communicate. This system uses the first human-implantable passive RFID microchip, the implantable VeriChip(TM), cleared for medical use in October 2004 by the United States Food and Drug Administration.
VeriChip Corporation is majority-owned by Applied Digital Solutions, Inc. (NASDAQ:ADSX), which also owns a majority position in Digital Angel Corporation (AMEX:DOC). Digital Angel, a leader in RFID and GPS technologies, owns the patent on the human implantable, passive RFID microchip and manufactures it for VeriChip. For more information on VeriChip, please call 1-800-970-2447, or email info@verichipcorp.com. Additional information can be found online at www.verichipcorp.com.
This press release includes forward-looking statements, including but not limited to statements regarding the potential development, clinical trials and commercialization of an implantable glucose-sensing microchip, the potential of the microchip to revolutionize diabetes care and management and to negate the need for diabetics to draw blood to monitor blood glucose levels, its ability to painlessly and accurately scan, determine, and transmit glucose concentration levels to a wireless scanner, and the potential for it to operate properly within the human body for the timeframe intended. VeriChip and Digital Angel wish to caution readers that certain important factors and various risks may have affected and could in the future affect VeriChip's and Digital Angel's actual results and could cause VeriChip's and Digital Angel's actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of VeriChip and Digital Angel. With respect to VeriChip's and Digital Angel's expectations expressed in this press release, such risk factors include, but are not limited to, the performance of the product according to VeriChip's and Digital Angel's expectations. This information is also qualified in its entirety by cautionary statements and risk factor disclosures contained in VeriChip's and Digital Angel's Securities and Exchange Commission filings, including VeriChip's and Digital Angel's annual reports on Form 10-K for the fiscal year ended December 31, 2006 and its quarterly reports. VeriChip and Digital Angel can offer no assurances that any projections, assumptions or forecasts made or discussed in this release will be met, and investors should understand the risks of investing solely due to such projections. VeriChip and Digital Angel undertake no obligation to revise any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.
VeriChip and Digital Angel
Allison Tomek, 561-805-8008
or
CEOcast
Dan Schustack, 212-732-4300
or
RECEPTORS LLC
Kris Vanella, 952-448-4337
Source: Business Wire (November 30, 2007 - 8:33 AM EST)
News by QuoteMedia
www.quotemedia.com
Anyone still watching this one? Any reason for optimism?.
Doc is historically very cheap right now just looking at the chart.
News for 'DOC' - (*DJ Applied Digital's Government Telecommunications, Inc. Subsidiary Awarded Defense Security Service Task Order Under GSA Connections Contract)
(MORE TO FOLLOW) Dow Jones Newswires
August 02, 2007 08:30 ET (12:30 GMT)
Copyright (c) 2007 Dow Jones & Com
Applied Digital's Government Telecommunications, Inc. Subsidiary Awarded Defense Security Service Task Order Under GSA Connections Contract
DELRAY BEACH, Fla., Aug 02, 2007 (BUSINESS WIRE) -- Applied Digital (NASDAQ:ADSX), a leading provider of identification and security technology, announced today that its wholly-owned subsidiary Government Telecommunications, Inc. (GTI) was awarded a Defense Security Service (DSS) task order under the U.S. General Services Administration (GSA) Connections Contract. The DSS order requires a replacement Automatic Call Distribution (ACD) system and installation support services for the DSS integrated call center that will serve two locations. The Task Order awarded to GTI is valued at $547,000.
GTI will provide the equipment and software for a functional ACD system that meets the requirements of the government. The DSS call center organization routinely receives high volumes and varieties of inquiries from industrial contractors, military units, other government agencies and individuals. The DSS call center staff assists customers by resolving problems, answering questions, or identifying the specific issue and forwarding to the appropriate subject matter expert for resolution. Products supported by the call center are applications, systems, and clearance/investigative information and assistance. In addition, the call center staff provides technical assistance to customers, their employees, or DSS employees with the installation, operation and maintenance of software applications used in support of the DSS missions.
Stephen Wood, President of GTI, commented, "We are pleased that GSA has selected GTI once again to fulfill an important task order, emphasizing GTI's position as a provider of choice for government telecommunications needs."
About Applied Digital - "The Power of Identification Technology"
DOC - Digital Angel Signs Agreement With Brazilian Government to Help Fight Hoof and Mouth Disease in World's Largest Beef Exporting Nation
Tuesday April 25, 7:30 am ET
SO. ST. PAUL, Minn., April 25 /PRNewswire-FirstCall/ -- Digital Angel Corporation (Amex: DOC - News), an advanced technology company in the field of rapid and accurate identification, location tracking, and condition monitoring of high-value assets, announced today that it has entered into an agreement with the Brazilian Agriculture Research Corporation (Embrapa) to conduct a joint pilot program to fight Hoof and Mouth Disease (HMD).
On Wednesday, April 26, Digital Angel President and Chief Executive Officer Kevin McGrath will meet with Brazil's Minister of Agriculture Roberto Rodrigues in Brazil to inaugurate the program.
The pilot program includes the continued development of a bio-thermal (temperature sensing) RFID umbilical chip that will assist in identifying Hoof and Mouth Disease in the Cebu cattle population in Brazil. The bio-thermal RFID umbilical chip being developed is based on the Bio-Thermo® RFID chip currently sold by Digital Angel in Europe and South Africa. The initial pilot program in Brazil, which is expected to proceed over the next six months, will involve tagging up to 175 cattle with an electronic RFID tag, a visual tag, and a bio-thermal chip located in the umbilical cord. In addition to temperature sensing, this will provide for visual and electronic identification of the cattle.
During the research and following the successful completion of the pilot program, Embrapa will make available all development information to Brazilian universities, technical schools, the scientific community, and the Cattle Raiser Association, and will demonstrate during "Field Days" to all interested cattle ranchers. All research could also be shared with other Latin American countries in the HMD Control Program.
"This cooperative effort with the Brazilian Government to eradicate Hoof and Mouth Disease in Brazil is very important to Digital Angel," McGrath said. "We have been working with the government in Brazil for several years to help it enhance its livestock herd management, and we have learned a great deal and gained considerable respect for its commitment to this very important program. This is an excellent example of the innovative thinking of Embrapa and we are pleased to be able to expand and strengthen our cooperative agreement with them."
Minister Rodrigues recently discussed the importance of eliminating Hoof and Mouth Disease so that Brazil and the countries of MERCOSUR, (a trading zone of South American Countries) can increase their participation in the world's beef markets. Minister Rodrigues also said that the eradication of Hoof and Mouth Disease in South America is a major priority of the MERCOSUR countries, which include Brazil, Argentina, Uruguay, Paraguay, Bolivia and Chile. In this effort, the MERCOSUR countries are negotiating a financing of more than $100 million from the Inter-American Development Bank (IDB) for joint actions to eradicate Hoof and Mouth Disease in the next three years.
McGrath will also discuss with Minister Rodrigues Digital Angel's plans for investing in tag production in Brazil, including production of visual tags, RFID cattle tags and RFID umbilical chips.
When scanned with an RFID scanner and used in conjunction with a database program, the bio-thermal chip can, in addition to sensing temperature, provide immediate access to specific information such as the identity of the animal, its age, medical history, where it has been, and its contacts with other cattle. Once such a system is implemented in Brazil it would be the first country to use an umbilical sensor to fight Hoof and Mouth Disease, which could become the standard for other countries.
Brazil is the largest cattle exporting country in the world with a herd of more than 180 million cattle, which could double in the next 10 years. According to IBGE (Brazilian Institute of Geographic and Statistics), the geographic area devoted to the cattle industry is more than 1,802,500 square miles.
You dog.....got my grub! lol
cnbc talking about us.....implantable chips for cows tech watch david faber n joe kernan
lots of info on cspan and cnbc re: doc, mad cow n electronic identification
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