Posted on 03/19/2002 5:19:50 PM PST by StriperSniper
Tuesday March 19, 9:59 am Eastern Time
PALM BEACH, Fla.--(BUSINESS WIRE)--March 19, 2002-- Applied Digital Solutions, Inc. (Nasdaq: ADSX - news), an advanced technology development company, announced today that Digital Angel Corporation, its wholly owned subsidiary, has signed an agreement with Microsoft® MapPoint® (Nasdaq: MSFT - news) in order to strengthen its worldwide GPS mapping capabilities.
Commenting on the new partnership, Randolph K. Geissler, CEO of Digital Angel Corporation, said: ``This is an important step for Digital Angel and our customers. We believe Microsoft's MapPoint offers Digital Angel a robust and flexible GPS mapping platform, not only in the United States but internationally. We see enormous growth potential for Digital Angel in the global marketplace and using MapPoint positions us to take advantage of that opportunity. We are especially pleased to have been selected as a Microsoft MapPoint .NET partner.''
Michael Graff, General Manager of the MapPoint business unit, said: ``We're delighted to be able to work with Digital Angel Corporation. Because of Digital Angel's innovative GPS technology and vital need for accuracy and reliability on a global basis, we're very pleased Digital Angel has selected MapPoint as its location services platform of choice.''
Digital Angel's Personal Safety and Location product is currently being marketed in South Florida as part of the first phase in its national rollout. Orders can be placed from around the country through the company's website (www.digitalangel.net). The watch/pager device communicates ``where-you-are'' and ``how-you-are'' data through Digital Angel's proprietary delivery system to its 24/7 operations center in California.
About Digital Angel(TM)
Digital Angel represents the first-ever combination of advanced biosensor technology and Web-enabled wireless telecommunications linked to Global Positioning Systems (GPS). By utilizing advanced biosensor capabilities, Digital Angel will be able to monitor key body functions - such as temperature and pulse - and transmit that data, along with accurate location information, to a ground station or monitoring facility.
Applied Digital Solutions is exploring a wide range of potential applications for Digital Angel, including: monitoring the location and medical condition of at-risk patients; locating lost or missing individuals; locating missing or stolen household pets; monitoring the location of certain parolees; managing livestock and other farm-related animals; pinpointing the location of valuable stolen property; managing the commodity supply chain; preventing the unauthorized use of firearms; and providing a tamper-proof means of identification for enhanced e-commerce security. For more information on Digital Angel, visit www.digitalangel.net.
About Medical Advisory Systems
Medical Advisory Systems, Inc. is a global leader in telemedicine that has operated a 24/7, physician-staffed call center in Owings, MD for nearly 20 years. Through a worldwide telecommunications network, MAS provides health care to ships-at-sea and other remote locations, one-on-one ``chats'' with a physician via the Internet or telephone, as well as medical and non-medical services for the travel industry. MAS owns a 12% equity interest in Paris-based CORIS Group, which provides it with the ability to offer its services in over 30 countries worldwide. For additional information, visit www.mas1.com.
About Applied Digital Solutions, Inc.
Applied Digital Solutions is an advanced technology development company that focuses on a range of early warning alert, miniaturized power sources and security monitoring systems combined with the comprehensive data management services required to support them. Through its Advanced Wireless unit, the Company specializes in security-related data collection, value-added data intelligence and complex data delivery systems for a wide variety of end users including commercial operations, government agencies and consumers. For more information, visit the company's website at http://www.adsx.com.
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'' 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 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.
Applied Digital Solutions
Investor Contact, Robert Jackson, 561/805-8042
E-Mail - rjackson@adsx.com
Media Contact, Matthew Cossolotto, 914/245-9721
E-Mail - matthew@ovations.comJT - Still in ADSX? Nice move today.
Currently, this is what comprises the Digital Angel product line :1) a wristwatch model transponder (that takes blood pressure and pulse) that then communicates that to a -
2)a pager sized transponderWhat is Digital Angel?
It's a series of breakthrough products that enable you to:
- Monitor location and selected biological functions
- Find a person, animal or object anywhere in the world... anytime
- Advise subscribers of precise geographical location and biological and other sensory data on a real-time basis.
Digital Angel systems feature a unique convergence of Life Science, Information and Wireless Technology. Relying on advanced miniature sensors and biosensors, Digital Angel can collect and wirelessly communicate location and sensor-gathered information to subscribers anywhere in the world, and in real time.
Making your world a little safer
Digital Angel systems address a diversity of critical needs - ranging from medical monitoring to a number of commercial applications, locating lost or stolen equipment.Its most immediate value to you, however, may be all the ways Digital Angel can make your world a little safer. Especially for:
Children, who may get lost
Seniors suffering from Alzheimer's and other conditions resulting in diminished cognitive skills, causing them to wander from time to time
Pets that may leave your property or, worse, be taken
"Where are you?" plus "How are you"
The Digital Angel technology platform surpasses ordinary location-enabled devices by making it fast and easy for you to pinpoint where they are as well as how they are when they wander or are away from home.The first generation of Digital Angel products for children, persons with Alzheimer's Disease and other patients, will take the form of a watch, which runs on a standard watch battery, and a pager-size device, which comes with a rechargeable battery.
The Digital Angel systems can not only pinpoint location but, using advanced biosensor technology, can measure certain biological and medical parameters, such as body temperature.
911 Alert Button
To provide extra protection for the persons in your life who may have a tendency to wander, the system also features an emergency 911 alert button on the wristwatch. It enables the wearer to signal a distress call that alerts parents and caregivers, as well as authorized EMS or local authorities. This remarkable system of protecting your loved ones when they have wandered out of sight is the Digital Angel Location/Condition Sensor System.Miniature sensors make a world of difference
Sensors for monitoring body temperature and blood oxygen levels will be available in the first generation Digital Angel.Their miniature size and weight enable Digital Angel products to be worn comfortably, eliminating any need for skin breakage.
And, because falling down is a constant worry to caregivers of persons afflicted with Alzheimer's disease, Digital Angel can even include a Sudden Fall Sensor by incorporating inertia technology. It will let caregivers or medical personnel know whether the patient is upright... moving from a sitting to an upright position ... or has fallen down. In addition to the senior care market, this information can be critical to firefighters, EMS personnel or members of the armed forces rushing to assist.
Bill Gates IS the anti-Christ!
IT'S A JOKE!
SOOooo!!!
Bill Gates IS the anti-Christ!
No No No! Bill is just his tech guy!;-)
I guess that debt-restructure over the next three years between the parent company (Applied Digital Soluitons) and IBM Credit Corp is what did it:
The Anti-Christ would seem to have a lot to learn about running a business and finance ...
That helped, but pretty much was a done deal, the MSFT news was a suprise to many.
'Agreements' like this are pretty much worthless - except for 'pumping' a stock and moving the two companies forward towards in doing some business together at some level.
This 'agreement' really means that the two companies have exchanged and signed non-disclosure agreements and shaken hands in public agreeing to do business with each other as opposed to someone else ...
They needed some good press too, after this:
APPLIED DIGITAL SOLUTIONS RESTRUCTURES - SELLS OR CLOSES 27 BUSINESS UNITS; Dramatically reduces employee headcount from high of over 1600 last year to less than 200 upon the closing of the pending merger between Digital Angel Corporation and Medical Advisory Systems.
I bought some PCW (Pacific Century CyberWork) for $2.34 about three weeks ago. It's been moving up fairly nicely. It's a Hong Kong telecommunication co. that just got the contract to produce biometric ID cards for all HK residents.
It's product (the ID card) could break into mainland China, imho.
Bingo! I have no position or opinion other than it will go up and down. I mostly just watch it.
Their products taken to the logical end do raise issues that many here follow so I posted it on anothers recommendation. No offense, but I did not post it to debate the business or tracking issues tonight.
G'nite
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