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Post# of 89565
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Tuesday, 10/22/2002 2:43:02 PM

Tuesday, October 22, 2002 2:43:02 PM

Post# of 89565
ADSX - Implantable chip technology news today:
"Applied Digital Solutions (ADSX: news, chart, profile) jumped more than 21 percent on heavy volume. The Palm Beach, Fla., firm has received a ruling on its VeriChip subdermal device from the Food and Drug Administration. The FDA said the VeriChip is not a regulated medical device "for security, financial, and personal identification/safety applications," but it is a regulated medical device for health information applications. The company plans to outline its sales, marketing, and distribution plans for VeriChip in the next several days."

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