Advanced ID Offers Solution To Mad Cow Disease In United States.Business Editors/High-Tech Writers LAS VEGAS--(BUSINESS WIRE)--Dec. 26, 2003 Advanced ID Corporation (OTCBB:AIDO AIDO - Associazione Italiana Donatori Organi (Organ Donors Italian Association)), a pioneer in the radio frequency identification (RFID) market, today responded to the news regarding the positive test for mad cow disease mad cow disease: see prion. in a Washington state Holstein by offering its RFID livestock technology as an identification and trace-back solution to minimize or eliminate the impact of a disease outbreak. Barry Bennett, President of Advanced ID Corporation, stated, "We are confident our technology will provide U.S. officials with an identification and trace-back system not only for their cattle industry but for any livestock entering the food system. The importance of having a system in place is critical as we have already seen the economic devastation that resulted from the single case of mad cow disease in Canada in May 2003 that cost Canada's beef exporters more than $1.9 billion. Advanced ID has been invited by other countries to assist in the establishment of a livestock identification and trace-back system, and has recently been invited to work with a number of states to assist them with the implementation of such a system. About Advanced ID Corporation Advanced ID Corporation (AID), through its wholly owned subsidiary, is a pioneer in the radio frequency identification (RFID) market. RFID allows for the positive identification and tracking of animals or objects that have been tagged with a microchip. AID currently markets RFID microchips, scanners, and its proprietary PETtrac database to the companion animal and biological sciences markets. AID has recently developed an RFID technology solution to minimize or eliminate the impact of biosecurity and food safety issues related to the livestock industry. For more information, please visit the Company's website at www.advancedidcorp.com. Safe Harbor Statement: Investors should carefully consider the preceding information, as well as other information contained herein before making an investment in the common stock of the Company. Information contained herein contains forward-looking statements and information that are based upon beliefs of, and information currently available to management, as well as estimates and assumptions made by management. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes", "expects", "is expected", "intends", "may", "will", "should", "anticipates", "plans" or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to vary materially from historical results or from any future results expressed or implied in such forward-looking statements. Advanced ID Corporation does not undertake to update, revise or correct any forward-looking statements. 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. The company disclaims, however, any intent or obligation to update these forward-looking statements. |
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