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 OTCBB See OTC Bulletin Board (OTCBB). :AIDO AIDO Associazione Italiana Donatori Organi (Organ Donors Italian Association) ), 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 responded to the news regarding the positive test for mad cow disease mad cow disease: see prion. mad cow disease or bovine spongiform encephalopathy (BSE) Fatal neurodegenerative disease of cattle. Symptoms include behavioral changes (e.g. 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 Barry Bennett (December 10, 1955) was an American football defensive lineman who played eleven seasons in the National Football League for three different teams. Barry Bennett currently resides in Long Prairie Minnesota coaching and teaching High School Phy Ed. , 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 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 tracking of animals or objects that have been tagged with a microchip (1) Another term for a microminiaturized integrated circuit (a "chip"). (2) To insert an RFID tag beneath the skin of an animal. It is expected that some day, humans will be microchipped. . 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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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