Applied Digital's Chairman and CEO to Speak at ID World International Congress.DELRAY BEACH Delray Beach, resort city (1990 pop. 47,181), Palm Beach co., SE Fla., on the Atlantic coast; settled 1895, inc. 1911. Mostly residential, Delray Beach is also the trade center for a citrus-fruit and vegetable-growing region. , Fla. -- Scott R. Silverman To Discuss Growing Applications for Company's VeriChip(TM) at Industry Event in Barcelona, Spain Applied Digital (Nasdaq: ADSX ADSX Applied Digital Solutions, Inc. (stock symbol) ), a provider of Security Through Innovation(TM), announced today that Scott R. Silverman, its Chairman 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. , will serve as a keynote speaker for the ID World International Congress, to be held in Barcelona, Spain on November 17 and18, 2004. Additionally, Mr. Silverman was selected for and served on the Technology Selection Committee of the Conference. At this year's annual event, internationally renowned experts and key players in the ID industry will address the most relevant issues in the fields of security, government, retail, logistics and supply chain, presenting information on the evolution of the core technologies upon which future auto ID systems will be built. Leading-edge solutions will be presented from many different market segments, including the latest applications of automatic data collection, smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. , biometrics and 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. technology. Presentations will elaborate on state-of-the-art auto ID systems and real implementations as well as market and technology trends, case studies, and the latest applications. Mr. Silverman's presentation will focus on the growing opportunities for the company's VeriChip device. About the size of a grain of rice, VeriChip is a radio frequency microchip which, once inserted under the skin in a brief outpatient procedure, is invisible to the human eye. Each chip contains a unique verification number that is captured by briefly passing a special scanner over the chipping site. Applied Digital recently submitted a "de novo [Latin, Anew.] A second time; afresh. A trial or a hearing that is ordered by an appellate court that has reviewed the record of a hearing in a lower court and sent the matter back to the original court for a new trial, as if it had not been previously heard nor decided. " application to the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. seeking clearance to use VeriChip for medical uses. VeriChip is already being utilized internationally for identification and related security purposes. About Applied Digital Applied Digital develops innovative security products for consumer, commercial, and government sectors worldwide. Our unique and often proprietary products provide security for people, animals, the food supply, government/military arena, and commercial assets. Included in this diversified product line are RFID applications, end-to-end food safety systems, GPS/Satellite communications, and telecomm and security infrastructure, positioning Applied Digital as the leader of Security Through Innovation. Applied Digital is the owner of a majority position in Digital Angel Corporation (AMEX AMEX See: American Stock Exchange :DOC). For more information, visit the company's website at http://www.adsx.com. Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion