Advanced ID Corporation CEO, Dan Finch Highlights Positive Developments During Interview on EquityGroups.com.CALGARY, Alberta -- Advanced ID Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AIDO AIDO Associazione Italiana Donatori Organi (Organ Donors Italian Association) ) CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Dan Finch was interviewed today by EquityGroups.com on the exciting future Advanced ID Corporation sees for the future of RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. and how Advanced ID can benefit in this rapidly expanding market. The following topics were discussed during the interview: Mad Cow / BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). Traceability: Advanced ID has achieved credibility and positive market acceptance by conducting field studies and obtaining practical application research data before launching our products. By working with teams at the State of Colorado, Department of Agriculture and the State of New York Department of Agriculture and Markets, we have shown the value of our DataTRAC(TM) system. These applications include using tags and readers within these two States' Chronic Wasting Disease Noun 1. chronic wasting disease - a wildlife disease (akin to bovine spongiform encephalitis) that affects deer and elk animal disease - a disease that typically does not affect human beings projects on Elk and Deer Herds. Independent testing was also conducted at Kansas State University Kansas State University, main campus at Manhattan; coeducational; land-grant and state supported; chartered and opened 1863. There is an additional campus at Salina. Among the university's research facilities are the J. R. . KSU's report shows that our UHF/RFID DataTRAC(TM) system and application has positive value and use for North American livestock. We also participated in the development of a UHF/RFID study which resulted in a published Technical Report (AIM Global Technical Report, RFID for Food Animal Identification in North America ver1.0) by AIM, the global trade association for Automatic Identification and Data Capture For "AIDC" the Taiwanese company, see . Automatic Identification and Data Capture (AIDC) refers to the methods of automatically identifying objects, collecting data about them, and entering that data directly into computer systems (i.e. without human involvement). . Again, Advanced ID's approach has been to invest in research and develop the data necessary for the end-users, governments, regulatory, industry, and association leaders to make informed decisions. These leaders must be armed with credible information as they implement systemic identification programs. Providing optimal trace-back ability of animals is what we must have to protect and manage our food supply. Our customers have told us that the DataTRAC(TM) system provides a proven option for identification because it has been tested in multiple studies and under variable and accurate field conditions. Advanced ID is currently preparing to launch the DataTRAC(TM) system in the North American livestock market. In Automotive Markets: Advanced ID continues to collaborate with Goodyear Tire and Rubber Company The Goodyear Tire & Rubber Company was founded in 1898 by Frank Seiberling. Today it is the third largest tire company in the world after Bridgestone and Michelin. Goodyear manufactures tires for automobiles, race cars, airplanes, and heavy machinery. (NYSE NYSE See: New York Stock Exchange : GT) to develop, and build, a RFID tag that meets the extremely harsh environment of NASCAR racing. Advanced ID was awarded a production contract with Goodyear to provide UHF/RFID tags for its tires used in all NASCAR NASCAR (National Association for Stock Car Auto Racing), organization that sanctions American stock-car races, est. 1948. It held its first race in Daytona Beach, Fla. race circuits throughout the 2006 season. Under our Advanced ID brand, we are currently developing an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. and AIAG standards-based generic tire tag for use by global tire manufacturers. In Asia Markets: Asia is a large and important market. As an example, China's swine inventory in 2006 was at 519 million and it is the largest producer of pork products in the world. Cattle in China represent 142 million head. Additionally, there are over 100 million dogs in China. Carlyle RFID Technologies Ltd. is a venture company developed specifically by Advanced ID and the government for companion and livestock RFID animal identification efforts. Advanced ID believes the companion animal ID opportunity in China to be around 5 million dogs. Regulatory requirements are being put in place for our Advanced ID application to be required in some provinces. Contracts have already been received to supply over 550,000 Advanced ID Pet Microchips to the Guangdong Province alone. Avian Influenza Outbreak: Advanced ID Corporation has worked with various Thailand government groups over the past 2 years to implement a strong trace-back program for poultry. All governments have the need to avert or to minimize any Avian Influenza outbreak. Using the DataTRAC(TM) system for bulk movement of poultry has been proven in Thailand and provides immediate tracing to point of origin. On a global level, this is just one important component of a very serious challenge, and DataTRAC(TM) can be effective. Research & Engineering: Advanced ID recently purchased an engineering company and facility in Thailand. Advanced ID Asia Engineering Co. Ltd. enjoys a strong local presence with the various governmental agencies in the country. This week Advanced ID Asia Engineering Co. Ltd. announced a contract with Mahanakorn University of Technology Mahanakorn University of Technology (Thai: มหาวิทยาลัยเทคโนโลยีมหานคร for long-term research on RFID applications. Advanced ID's Future: Livestock, companion animal and automotive applications are generating meaningful returns and will continue to be a focus of our company. As our DataTRAC(TM) system continues to gain market placement, and our expertise in RFID systems continues to be globally recognized, we will expand into additional applications that maximize value for our company, our partners and our shareholders. About Advanced ID Corporation: Advanced ID Corporation (OTCBB: AIDO) is a complete solutions provider in the radio frequency identification See RFID. (RFID) market. RFID provides a means for positive identification and trace-back of objects that have been identified with a microchip or RFID tag. The Company's subsidiaries are Advanced PET ID, "The Pet Microchip Company", the largest provider of companion animal identification in Canada, and Advanced ID Asia Engineering Co. Ltd., the R&D and Technical Support Company. Since 1994 Advanced ID Corporation has been offering a low frequency (LF) product line of over 100 items comprised of RFID microchips, identification scanners, and a proprietary pet recovery database to the companion animal and biological sciences markets. Advanced ID is also a leader in UHF/RFID technology with a complete line of DataTRAC(TM) livestock tracking and traceability products and UHF/RFID automotive applications. Safe Harbor Statement: Statements in this press release other than statements of historical fact, including statements regarding the Company's plans, beliefs and estimates as to projections are "forward-looking statements". Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the Company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the Company's judgment as of the date of this release. Advanced ID Corporation does not undertake to update, revise or correct any forward-looking statements. Advanced ID Corporation (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :AIDO) |
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