VeriChip Corporation to Market Subdermal RFID VeriChip to Federal Agencies

PALM BEACH, Fla.--(BUSINESS WIRE)--Sept. 29, 2003--Applied Digital Solutions, Inc. (NASDAQ: ADSX), an advanced technology development company, today announced that its wholly owned subsidiary, VeriChip Corporation, has retained the services of Stanley "Stan" L. Reid, a longtime technology industry executive and former congressional aide with extensive experience and wide contacts in Washington, D.C., to market VeriChip(TM) secure identification solutions to federal agencies. VeriChip is a subdermal, radio frequency identification (RFID) device that can be used in a variety of security, financial, emergency identification and other applications. About the size of a grain of rice, each VeriChip product contains a unique verification number that is captured by briefly passing a proprietary scanner over the VeriChip.

Since 1996, Mr. Reid has served as president of Strategic Sciences, a Washington, D.C.-area consulting firm that specializes in marketing advanced technologies to the federal government. Mr. Reid has particular expertise in selling new, introductory technologies to government agencies, including the Departments of Defense (DoD), Energy (DoE) and State, as well as the agencies that have been incorporated into the Department of Homeland Security.

Prior to launching Strategic Sciences in 1996, Mr. Reid worked as Vice President of BNFL, Inc., and as Acting Director, Defense Programs, at the U.S. Department of Energy (DoE). In this appointed position during the Reagan Administration, Mr. Reid held both U.S. DoD and U.S. DoE security clearances. From 1983-1986, Mr. Reid served as Washington Representative for Rockwell International. For three years prior to this appointment, he worked as a Legislative Director for a member of the U.S. House of Representatives, serving in this capacity as a direct liaison to the Committee on Science and Technology.

Retaining Mr. Reid to lead the VeriChip marketing effort in Washington, D.C. continues the Company's ongoing program, first announced last year in the "Protected by VeriChip" awareness initiative, to demonstrate VeriChip's potential as a secure identification technology with a variety of applications in the areas of homeland security and defense.

The Company has been actively developing applications for VeriChip in which VeriChip could be use to control authorized access to government installations and private-sector buildings, nuclear power plants, national research laboratories, and sensitive transportation resources including airports and seaports. In these applications, VeriChip could function as a stand-alone, tamper-proof personal verification technology or it could operate in conjunction with other security technologies such as standard ID badges, smart cards and advanced biometric devices (i.e. retina scanners, thumbprint readers or face recognition devices).

Signing Mr. Reid adds to the Company's presence in the important Washington, D.C. market. In September, 2002, the Company announced the establishment of its first Authorized VeriChip Center in the Washington, D.C. area. This Center is headed by world-renowned plastic surgeon, Dr. Csaba Magassy, operating from his existing practice, Plastic Surgery Associates in McLean, Virginia. On August 14, 2002, Dr. Magassy performed the first VeriChip outpatient "chipping" procedures in the Washington, D.C. area on three executives from Applied Digital's subsidiary, Computer Equity (Compec)/Government Telecommunications (GTI).

Five years ago, anyone who talked about "implantable microchips" was labeled a tin-foil kook.

Now we have a company making them, selling them overseas, and now lobbying the Congress to mandate implants for the American people. Interesting times indeed.

"Five years ago, anyone who talked about "implantable microchips" was labeled a tin-foil kook."

Ten years ago implantable microchips were available from every vet to ID your poodle.

This place in Florida drops a press release ( yawn ) on basically the same thing every four months or so.

This place in Florida drops a press release ( yawn ) on basically the same thing every four months or so.

Yet somehow these guys are still in business, and now they have a paid Washington whore working for them.

It would be cooler to just tatoo everybody's forehead with a barcode. ;-(

Hmmm, I guess there is no way that we would see an immediate secondary market full of forged and stolen Veri-chips?!

Hmmm, I guess there is no way that we would see an immediate secondary market full of forged and stolen Veri-chips?!

I would expect to see a large market for rope, wild hogs, and bulldozers, should tyrants ever attempt to force the American people to take these chips.

"Yet somehow these guys are still in business, and now they have a paid Washington whore working for them.

"still in business" is a relative term - and a good bet is that he is paid in stock options.

From the way it looks, this place is waiting for someone else to invent something usefull that might infringe on a patent they have.
I always though it was strange that you can patent an idea, but you don't have to prove that you can actually make it work or even that it is viable.

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