Applied Digital Solutions, Inc. Selects Fahnestock & Co. Inc. As Its Investment Banker.Business Editors, High Tech Writers PALM BEACH, Fla.--(BUSINESS WIRE)--Aug. 28, 2001 Applied Digital Solutions, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADSX ADSX Applied Digital Solutions, Inc. (stock symbol) ), announced today that it has engaged the financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal of Fahnestock & Co. Inc., an investment banking firm, to assist the Company in evaluating and pursuing multiple corporate initiatives. "We believe that Fahnestock & Co. Inc. will provide a value-added portfolio of resources and services to Applied Digital Solutions. We look forward to working with Fahnestock's seasoned team of advisors," Mercedes Walton, President and COO of Applied Digital Solutions, commented. About Fahnestock & Co. Inc. Fahnestock & Co. Inc., founded in 1881, is a full-service brokerage and investment banking firm and a member of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Fahnestock employs over 1,200 people, including approximately 750 registered representatives, in over 75 offices. The firm offers a broad range of investment banking services that address the financial advisory and capital raising needs of emerging growth companies. Fahnestock is publicly traded on the NYSE NYSE See: New York Stock Exchange (NYSE: FVH). For more information, visit the company's website at http://www.fahnestock.com. About Applied Digital Solutions, Inc. Applied Digital Solutions is an information technology and solutions company operating on the I3 Services Platform - Intelligent Integrated Information Services See Information Systems. . Through our core business units (Applications, Services and Advanced Wireless), Applied Digital Solutions offers - products and services for the collection, organization, analysis, warehousing and dissemination of information for a wide variety of end users including commercial operations, government agencies and consumers. 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. The Company intends that such 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. 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. |
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