Advanced ID Corporation To Begin Canadian Testing of Its Next-Generation RFID Chips.Business Editors/High-Tech Writers LAS VEGAS--(BUSINESS WIRE)--June 17, 2003 Advanced ID Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AIDO AIDO Associazione Italiana Donatori Organi (Organ Donors Italian Association) ) -- Industry-leading new chips have already been tested in Germany and China by Advanced ID's strategic partners -- Canadian testing is last step prior to industry approval and implementation Advanced ID Corporation, (OTCBB:AIDO), a pioneer in the radio frequency identification See RFID. (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. ) market, today announced that they have received a shipment of their newly-manufactured next-generation RFID tags. These tags are intended for use in identifying livestock in order to improve trace-back and increase the safety of global food chains and supplies. Advanced ID's new chips have already performed successfully in extensive testing conducted by its two strategic partners, KSW KSW Kuk Sool Won (Korean martial art) KSW Keeping Scientology Working KSW Kiryat Shmona, Israel - Domestic Airport (airport code) Microtec in Germany and Guide-Trend Technology in China. The Company will now begin testing the chips in Canada. Canadian testing is the essential last step prior to industry approval and implementation in Canada and internationally. "We are proceeding on schedule and we are excited about testing here in Canada. There is a tremendous need for an effective electronic trace-back system that can help ensure the safety of our livestock-based food supplies. We look forward to working with Canadian industry and government towards providing an approved chip to the Canadian market," stated Mr. Barry Bennett, President and 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. of Advanced ID. About Advanced ID Corporation Advanced ID Corporation, through its wholly owned Subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , is a pioneer in the radio frequency identification (RFID) market. RFID allows for the positive identification and location tracking of animals or objects that have been identified with a tiny microchip. The Company currently markets RFID microchips, scanners, and its proprietary PETtrac database to the companion animal market, as well as for tracking of animals in the wild, including endangered species endangered species, any plant or animal species whose ability to survive and reproduce has been jeopardized by human activities. In 1999 the U.S. government, in accordance with the U.S. . Through organic growth and acquisition, Advanced ID Corporation is positioned to enter and considerably impact several significant new markets. For more information please visit the Company's website at www.advancedid.ca. Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected market size 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. The company disclaims, however, any intent or obligation to update these forward-looking statements. |
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