USDA Approves Digital Angel's RFID Chip for Equine Use in National Animal Identification System.Company's Microchip First of Its Kind to Be Approved for NAIS Potential Market of More Than Five Million Horses Used in Competition SOUTH ST. PAUL, Minn. -- Digital Angel Corporation (AMEX AMEX See: American Stock Exchange :DOC), an advanced technology company in the field of rapid and accurate identification, location tracking and condition monitoring of high-value assets, announced today that the United States Department of Agriculture United States Department of Agriculture (USDA), n.pr established in 1862, USDA is responsible for the safety of meat, poultry, and egg products. It conducts ongoing research in areas from human nutrition to new crop technologies and also helps ensure open (USDA USDA, n.pr See United States Department of Agriculture. ) approved the Company's LifeChip[R] equine 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. ) injectable transponder A receiver/transmitter on a communications satellite. It receives a microwave signal from earth (uplink), amplifies it and retransmits it back to earth at a different frequency (downlink). A satellite has several transponders. for use as part of the National Animal Identification System (NAIS). The USDA made the announcement at the Ag ID Info Expo held last week in Kansas City, Mo. "We are very proud our LifeChip microchip is the first of its kind to receive NAIS approval," said Rae Powell, vice president of sales and marketing for Destron Fearing[TM], Digital Angel's animal applications business. "We believe this is another important step forward for our Company as the U.S. moves closer to establishing a national animal identification system. "Not only does our LifeChip fulfill all U.S. animal safety standards, it also complies on a global platform with the International Organization of Standardization International Organization of Standardization, n.pr a nongove-rnmental federation of worldwide bodies that publishes international agreements covering a broad range of services and technologies to promote the use of common standards across the world. (ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. ). Furthermore, our LifeChip with Bio-Thermo[R] temperature-sensing technology differentiates our product from the competition." The exclusive Bio-Thermo feature allows equine owners, breeders, trainers and veterinarians Veterinarians and veterinary surgeons (vets) are medical professionals who operate exclusively on animals. Well-known and notable veterinarians include:
Once administered, microchip numbers can be recorded in breed and discipline registries or kept in farm and ranch files for future reference. They are invaluable in providing proof of ownership in the event that a horse is lost or stolen. They also can be used to identify horses involved in breeding operations, competitive sports, and international and domestic travel. Paramount in gaining NAIS approval is the exclusive use of a patented, biocompatible material biocompatible material, n a substance that does not threaten, impede, or adversely affect living tissue. called BioBond[R] that eliminates potential migration and secures the microchip to the administration site. LifeChip microchips offer an unalterable means of identifying horses and ponies of all ages, breeds and sizes. About Digital Angel Corporation Digital Angel Corporation (www.DigitalAngelCorp.com) develops and deploys sensor and communications technologies that enable rapid and accurate identification, location tracking and condition monitoring of high-value assets. Applications for Digital Angel's products include identification and monitoring of humans, pets, fish, poultry and livestock through its patented implantable microchips; location tracking and message monitoring of vehicles and aircraft in remote locations through systems that integrate GPS and geosynchronous satellite communications; and monitoring of asset conditions such as temperature and movement through advanced miniature sensors. This press release includes forward-looking statements, including but not limited to statements regarding the likelihood that the U.S. will establish a national animal identification system and the effectiveness and performance of the product according to expectations. This information is also qualified in its entirety by cautionary statements and risk factor disclosures contained in the Company's Securities and Exchange Commission filings, including the Company's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 31, 2006 and its quarterly reports. The Company can offer no assurances that any projections, assumptions or forecasts made or discussed in this release will be met, and investors should understand the risks of investing solely due to such projections. The Company undertakes no obligation to revise any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release. |
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