Applied Digital Solutions' Digital Angel Named One of Four ``Cool Products'' in Fortune Magazine's Cool List 2001.Business Editors/High Tech Writers PALM BEACH, Fla.--(BUSINESS WIRE)--June 11, 2001 Issue to hit newsstands during week of June 11, 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) ), a leader in information technology and solutions, today announced that Digital Angel will be featured by Fortune as one of four "Cool Products" in the June 25, 2001 annual Cool List. The Cool List was launched by Fortune in 1993 and has been an annual feature since. For 2001, Fortune opened it up to include not only companies, but product, people, and trends, as well. Even so, Fortune followed the same procedure: "poll(ing) the smartest people (they) know and comb(ing) through hundreds of start-ups." "We are clearly excited about this development," commented Mercedes Walton, President and COO of Applied Digital. "Media coverage has intensified over the last few weeks as we progress as we have progressed toward deployment of Digital Angel products in the fourth quarter of this year. This particular recognition, however, is a standout. To be featured in the Cool List issue of Fortune affirms what we have always believed. The proven capabilities of Digital Angel destine des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. it for widespread, mainstream demand. Combined with the Best of Show designation at the Internet World Wireless Show earlier this year, this recognition by Fortune is a resounding re·sound v. re·sound·ed, re·sound·ing, re·sounds v.intr. 1. To be filled with sound; reverberate: The schoolyard resounded with the laughter of children. 2. indicator that Digital Angel is positioned for global leadership in this emerging technology sector." The 2001 Cool List includes twenty-one Cool Companies, five Cool Trends, a host of Cool People, but only four Cool Products. Previous Cool Lists have included: Cisco (NASDAQ: CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. (NASDAQ: CNET), DoubleClick (NASDAQ: DCLK DCLK Doubleclick Inc. (stock abbreviation, AMEX) DCLK Deputy Clerk DCLK Digital Clock DCLK Double Click ), Excite@Home (NASDAQ: ATHM ATHM Excite@Home (NASDAQ symbol) ATHM Alternative Therapies in Health and Medicine ATHM American Textile History Museum (Lowell, MA) ), VA Linux (NASDAQ: LNUX), and Verisign (Nasdaq: VRSN VRSN Verisign, Inc. (stock abbreviation, AMEX) VRSN Version Number (NEC) ). About Digital Angel Digital Angel(TM) represents the first-ever combination of advanced biosensor A device that detects and analyzes body movement, temperature or fluids and turns it into an electronic signal. See lab on a chip and data glove. Biosensor technology and Web-enabled wireless telecommunications linked to Global Positioning Systems (GPS). By utilizing advanced biosensor capabilities, Digital Angel will be able to monitor key body functions - such as temperature and pulse - and transmit that data, along with accurate location information, to a ground station or monitoring facility. Digital Angel will be able to tap into an addressable North American marketplace estimated to exceed $70 billion. Applied Digital Solutions is exploring a wide range of potential applications for Digital Angel, including: monitoring the location and medical condition of at-risk patients; locating lost or missing individuals; locating missing or stolen household pets; managing livestock and other farm-related animals; pinpointing the location of valuable stolen property; managing the commodity supply chain; preventing the unauthorized use of firearms; and providing a tamper-proof means of identification for enhanced e-commerce security. For more information or to reserve Digital Angel service, visit www.digitalangel.net . 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. 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 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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