VeriChip Corporation Introduces Its New Wearable / Implantable Security Solution - VeriGuard(TM) - at Security Tradeshow in Girardot, Colombia.DELRAY BEACH Delray Beach, resort city (1990 pop. 47,181), Palm Beach co., SE Fla., on the Atlantic coast; settled 1895, inc. 1911. Mostly residential, Delray Beach is also the trade center for a citrus-fruit and vegetable-growing region. , Fla. -- First Exhibition of Unique Implantable / Wearable System For Secure Access Control and Monitoring of People and Assets VeriChip Corporation VeriChip Corporation, a wholly owned subsidiary of Applied Digital (Nasdaq: ADSX), markets a line of Radio Frequency Identification (RFID) Devices (including VeriChip) used in security, financial, emergency identification, and other applications. , a subsidiary of Applied Digital (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 leading provider of security and identification technology, announced today that it is introducing its new implantable / wearable security solution - VeriGuard(TM)- at the 14th National Congress of Private Security Exhibition in Girardot, Colombia, the private security industry's premier tradeshow in Colombia. The show starts tomorrow and runs through July 29. The website for the Colombia National Congress of Private Security is http://www.andevip.com/. With the Company's recent acquisitions, the VeriGuard system now features both implantable and wearable 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. access control and monitoring technology. Implantable RFID chips and/or wearable RFID bracelets and tags integrate seamlessly into the new VeriGuard system. Commenting on the launch of the VeriGuard system, Kevin McLaughlin Kevin McLaughlin (??? to 17 July 1864) was an African American who escaped from slavery in South Carolina and was captured by slave-hunters in Boston in 1852 His arrest outraged Boston abolitionists and many ordinary Bostonians, who were increasingly hostile towards the enforcement , Chief Executive Officer of VeriChip Corporation, stated, "This introduction marks the continued integration of our implantable and external RFID products for people. Our first-of-a-kind implantable RFID chip - VeriChip - can be used for access control and other security applications. Our recent acquisitions allow us to offer similar RFID technology that is external rather than internal. In one cohesive solution, we can now offer the end-user a choice of tamper-proof, secure, implantable technology or easily removable yet accurate external technology." The exhibition and demonstration of the VeriGuard system will be managed by Seguridad Oncor, VeriChip's distributor in Colombia. About Seguridad Oncor Seguridad Oncor Ltda., VeriChip's distributor in Colombia, is a distributor of access control and RFID monitoring systems. For further information, please visit http://www.seguridadoncor.com/. About VeriChip - "The First RFID Company for People" VeriChip is a subsidiary of Applied Digital and the only company to provide both implanted and external RFID identification and security solutions for people, their assets, and their environments. From the world's first and only FDA-cleared, human-implantable RFID microchip (1) Another term for a microminiaturized integrated circuit (a "chip"). (2) To insert an RFID tag beneath the skin of an animal. It is expected that some day, humans will be microchipped. to the only patented active RFID tag An RFID tag that has its own power source. Contrast with passive RFID tag. See RFID and RFID tag. with skin-sensing capabilities, VeriChip leads the way in next-generation RFID technologies. Today, over 3,000 installations worldwide in healthcare, security, industrial, and government markets benefit from both the protection and efficiencies provided by VeriChip systems. For more information on VeriChip, please visit www.verichipcorp.com. For information on VeriGuard, please navigate to http://verichip.arcterex.net/content/solutions/1117566047. About Applied Digital - "The Power of Identification Technology" Applied Digital develops innovative identification and security products for consumer, commercial, and government sectors worldwide. The Company's unique and often proprietary products provide identification and security systems for people, animals, the food supply, government/military arena, and commercial assets. Included in this diversified product line are RFID applications, end-to-end food safety systems, GPS/Satellite communications, and telecomm and security infrastructure, positioning Applied Digital as the leader in identification technology. Applied Digital is the owner of a majority position in Digital Angel Corporation (AMEX AMEX See: American Stock Exchange :DOC). 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 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. " 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. |
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