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Applied Digital Solutions Hires Eisner LLP As Its Independent Auditors.


Business Editors/High Tech Writers

PALM BEACH, Fla.--(BUSINESS WIRE)--May 28, 2002

Priority placed on prompt filing of auditor-reviewed 10-Q

Applied Digital Solutions, Inc. (Nasdaq: ADSXE), an advanced technology development company, announced that it has hired Eisner LLP LLP - Lower Layer Protocol , as its independent auditors Independent Auditor

An external auditor with a certified public accounting designation that qualifies him or her to provide an auditor's report.

Notes:
These auditors aren't affiliated with the company being audited.
.

Eisner is one of the leading certified public accounting and advisory firms in the country.

Scott R. Silverman, President of Applied Digital Solutions, commented on the hiring of the company's new auditors: "We're very pleased to have engaged Eisner. Our top priority right now is to have Eisner review our recent 10-Q filing so we can file an amended 10-Q as soon as possible. We are confident that we will soon be able to file the auditor-reviewed 10-Q and thereby come into full compliance with Nasdaq financial reporting requirements."

About Eisner LLP

Eisner is one of the nation's largest full-service accounting and consulting firms, with more than 37 years of experience. Ranked among the top ten firms in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and one of the largest firms nationwide, Eisner has more than 450 employees, including 70 partners, that specialize in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, Internet/technology, health sciences, not for profit, legal support, personal financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
, corporate finance, employee/executive compensation and benefits, among other practice areas. In addition, Eisner provides a diverse range of technology consulting services. Eisner is a member of Baker Tilly International Baker Tilly International is a global network of professional service firms. Member firms numbering 128 operate in over 85 countries worldwide, employing over 20,000 people. Total revenues for 2005 were $2.  Association, Inc., one of the world's largest international associations of independent accounting firms. The firm has offices in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, New York and Florham Park, New Jersey Florham Park is a borough in Morris County, New Jersey, United States. As of the United States 2000 Census, the borough population was 8,857.

Florham Park was incorporated as a borough by an Act of the New Jersey Legislature on March 9, 1899, from portions of Chatham
. For more information, visit http://www.eisnerllp.com.

About Applied Digital Solutions, Inc.

Applied Digital Solutions (Nasdaq: ADSXE) is an advanced technology development company that focuses on a range of life-enhancing, personal safeguard technologies, early warning alert systems, miniaturized power sources and security monitoring systems combined with the comprehensive data management services required to support them. Through its Advanced Technology Group, the company specializes in security-related data collection, value-added data intelligence and complex data delivery systems 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. 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.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 28, 2002
Words:459
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