Australian Sheep Industry to Trial Advanced ID's RFID Technology.CALGARY, Alberta -- 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 announced that in conjunction with its Australian distribution partner, Trace Australia Pty Ltd PTY LTD Propriety Limited (company structure in Australia) ., it jointly met with sheep industry and government officials in Australia to demonstrate its RFID livestock identification technology and to discuss the parameters for a formal evaluation. The Australian sheep industry is actively investigating technology which will assist in its need to implement a national identification and trace back system to meet international livestock and meat import requirements. Advanced ID's RFID technology is currently being evaluated within several vertical markets which include producers (farm and feedlots), sale yards and meat processing plants. 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 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. of Advanced ID Corporation, stated, "The Australian sheep industry is a very significant market estimated at over 100 million head. We are working with industry and government officials to provide a customized solution to meet their exact needs. One of the key criteria in their evaluation of an identification technology is that given the significant size of some flocks, the technology must be able to quickly read multiple tagged sheep. We feel the capability of our products to perform under such conditions will provide us with a strong competitive advantage." Trace Australia Managing Director, David Kay, added "The adoption of a solution to address Biosecurity is paramount for the integrity of the sheep and livestock industry. We believe the cascading benefits of adopting Advanced ID's technology in relation to this important issue will include management tools for enhancement of the national flock gene pool, and greater productivity through more efficient and effective animal husbandry animal husbandry, aspect of agriculture concerned with the care and breeding of domestic animals such as cattle, goats, sheep, hogs, and horses. Domestication of wild animal species was a crucial achievement in the prehistoric transition of human civilization from techniques. There are also major supply chain efficiency gains to be exploited in the wool industry, where our anti-collision performance promises to deliver against demanding customer requirements." Further to the Company's March 3, 2004 press release announcing it had targeted an RFID company for acquisition, Advanced ID has recently discontinued negotiations so it can focus its resources on globally commercializing its new DataTRAC(TM) Livestock RFID technology. In other news, Advanced ID is moving forward with establishing evaluation programs of its RFID technology for the Brazilian cattle industry which is estimated at 180 million head. The adoption of an identification and trace back system in Brazil and other South American countries will be compulsory to meet international import requirements in 2005. Both Brazil and Argentina export a significant percentage of their cattle and beef products. 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 identified with a microchip. AID markets low frequency RFID microchips, scanners, and its proprietary PETtrac database to the companion animal and biological sciences markets. AID also markets its proprietary ultra high frequency See UHF. DataTRAC(TM) tags, readers, and software solutions 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: 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. Advanced ID Corporation does not undertake to update, revise or correct any forward-looking statements. |
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