eMerge Interactive, Inc., Sebastian, Fla., and Excel Corporation, a Wichita, Kan.-based beef processor and a wholly owned subsidiary of Cargill Incorporated, form an agreement to integrate eMerge's VerifEYE[TM] meat inspection system into Excel's beef operations. (Marketing News).eMerge Interactive, Inc., Sebastian, Fla., and Excel Corporation, a Wichita, Kan.-based beef processor and a 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. of Cargill Incorporated, form an agreement to integrate eMerge's VerifEYE[TM] meat inspection system into Excel's beef operations. The system is designed to help detect even minute traces of the organic contamination that can harbor such bacteria as E. coli E. coli: see Escherichia coli. E. coli in full Escherichia coli Species of bacterium that inhabits the stomach and intestines. E. coli can be transmitted by water, milk, food, or flies and other insects. . The VerifEYE[TM] technology was developed and patented by scientists at Iowa State University Academics ISU is best known for its degree programs in science, engineering, and agriculture. ISU is also home of the world's first electronic digital computing device, the Atanasoff–Berry Computer. and the Agricultural Research Service of the USDA USDA, n.pr See United States Department of Agriculture. , and emerge Interactive holds exclusive rights to its commercialization. |
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