Posted on 08/18/2002 10:05:05 AM PDT by DGallandro
RESPONDING TO GROWING CUSTOMER INQUIRIES AND MEDIA INTEREST, APPLIED DIGITAL SOLUTIONS HIGHLIGHTS ANTI-KIDNAPPING POTENTIAL OF ITS "PERSONAL SAFEGUARD" TECHNOLOGIES
Digital Angel Corporation's upcoming, matchbook-size, emergency location device can be more easily hidden or camouflaged in the form of bracelets, necklaces, pendants, and belt buckles
Three Washington, D.C.-area Company executives, including Vice President-Government Solutions Frank E. Lalley, "get chipped™" on August 14, 2002, with subdermal VeriChip™ personal verification microchip
PALM BEACH, FL– AUGUST 15, 2002 – Applied Digital Solutions, Inc. (Nasdaq: ADSX), an advanced technology development company, , responded today to growing customer inquiries and media interest by highlighting the anti-kidnapping potential of its lineup of "personal safeguard" technologies - including Digital Angel™ (a product of Digital Angel Corporation, AMEX: DOC), VeriChip™ and PLD, a subdermal Personal Location Device still in development. Applied Digital Solutions is the beneficial owner of a majority position in Digital Angel Corporation.
Commenting on the growing inquiries and media interest in these technologies, Scott R. Silverman, President of Applied Digital Solutions, said: "It's a shame that recent tragedies seem to have prompted this increased attention, but the only way to assist in the prevention of future tragedies is for parents, law enforcement and others to become aware of available technologies. Although our technologies have a variety of other applications, we believe VeriChip, Digital Angel and the forthcoming PLD have the potential to help safeguard children and provide greater peace-of-mind to parents. But these technologies should by no means be considered an alternative to parent-child communication and awareness."
Mr. Silverman recently appeared on the Hannity & Colmes (Fox News) program to discuss the Company's anti-kidnapping technologies. CNN's American Morning, USA Today, the Economist, the Philadelphia Inquirer, Fox News.com, along with a variety of radio and television news programs around the country, have recently focused on this topic. In addition, the Bush Administration has announced that it will hold a White House Summit on Child Safety on September 24, 2002.
Digital Angel Corporation (AMEX: DOC) recently announced a substantial reduction in the size of its Digital Angel emergency location device. The Company believes this advance could have significant implications in the effort to locate lost or missing children. Now roughly the size of a matchbook, the Company believes the new, one-piece Digital Angel unit is the smallest wireless/GPS (Global Position System) device that will soon be available to customers.
Unlike competing GPS devices, Digital Angel offers a unique combination of GPS, wireless Internet and sensor technologies. The Company believes this new, lightweight, one-piece unit - which includes an ambient temperature monitor, a boundary alert function, and panic button - will provide parents with industry-leading versatility and flexibility in safeguarding the welfare of their children. For larger orders, the small Digital Angel unit can be configured into various formats such as necklaces, pendants, bracelets, and belt buckles. The current product is a watch and/or pager-like device.
The upcoming Digital Angel device also incorporates "Assisted GPS" technology and transmits-receives signals using wireless (GSM and CDMA) protocols that make it usable worldwide. Assisted GPS enables GPS signals to be delivered to devices inside buildings and other areas where reception has been difficult. This Digital Angel advance means its GPS features will now work anywhere a cell phone works. This is a significant step forward in strengthening the technology's effectiveness as an anti-kidnapping and location tool.
Mr. Silverman continued: "We're committed to providing customers with a full range of personal safeguard technologies - technologies that enhance personal safety, security and peace of mind. VeriChip can be used as a tamper-proof means of identification - both for children and adults - and could be integrated into a home or car security system. Digital Angel offers a wearable GPS capability to locate loved ones in an emergency. The Company is currently developing the PLD (Personal Location Device). The PLD will provide a tamper-proof, subdermal GPS device to protect and locate loved ones in the event of a kidnapping or some other emergency. A working prototype of PLD is expected by the end of this year."
In a related development, the Company announced that three of its Washington, D.C.-area executives, including Frank E. Lalley, President and CEO of company subsidiaries, Computer Equity (Compec) and Government Telecommunications (GTI), were "chipped" with a VeriChip personal verification microchip on August 14, 2002. Mr. Lalley joined Applied Digital's Compec subsidiary in January 2002 after a distinguished, 35-year career in the federal government. Most recently, Mr. Lalley served as Assistant Commissioner for Service Delivery in the General Services Administration's Federal Technology Service. Mr. Lalley also serves as the Company's Vice President- Government Solutions for advanced technologies
About Applied Digital Solutions, Inc. Applied Digital Solutions is an advanced technology development company that focuses on a range of life-enhancing, personal safeguard technologies, early warning alert systems, miniaturized power sources and security monitoring systems combined with the comprehensive data management services required to support them. Through its Advanced Technology Group, 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. Applied Digital Solutions is the beneficial owner of a majority position in Digital Angel Corporation (AMEX:DOC). For more information, visit the company's website at http://www.adsx.com.
About VeriChip™ VeriChip, first announced on December 19, 2001, is a miniaturized radio frequency identification device (RFID) that can be used in a variety of security, financial, emergency identification and healthcare applications. About the size of a grain of rice, each VeriChip product contains a unique verification number and will be available in several formats, some of which will be insertable under the skin. The verification number is captured by briefly passing a proprietary scanner over the VeriChip. A small amount of radio frequency energy passes from the scanner energizing the dormant VeriChip, which then emits a radio frequency signal transmitting the verification number. VeriChip Corporation and its parent company, Applied Digital Solutions, are working with federal regulators to ensure full compliance with applicable regulations. VeriChip Corporation is a wholly owned subsidiary of Applied Digital Solutions.
About Digital Angel Corporation Digital Angel Corporation was formed on March 27, 2002, in a merger between Digital Angel Corporation and Medical Advisory Systems, Inc., which for two decades has operated a 24/7, physician-staffed call center in Owings, Maryland. Prior to the merger, Digital Angel Corporation was a wholly owned subsidiary of Applied Digital Solutions, Inc. Digital Angel™ technology and patents represent the first-ever combination of advanced sensors and Web-enabled wireless telecommunications linked to Global Positioning System (GPS). By utilizing advanced sensor capabilities, Digital Angel will be able to monitor key functions - such as ambient temperature and physical movement - and transmit that data, along with accurate emergency location information, to a ground station or monitoring facility. The company also invented, manufactures and markets implantable identification microchips the size of a grain of rice for use in companion pets, fish, and livestock. Digital Angel Corp. owns patents for its inventions in applications of the implantable microchip technology for animals and humans. For more information about Digital Angel Corporation, visit www.digitalangel.net.
About Computer Equity, Inc. and GTI™ Computer Equity, Inc. (Compec), including its wholly owned subsidiary, GTI, is headquartered in Chantilly, Virginia. With a revenue base that exceeds $30 million, Compec specializes in providing a full array of telecommunications, wireless and network integration services to government agencies. Compec's customers include major agencies of the Federal government such as the Social Security Administration, the Department of Justice and the Department of Defense.
Compec offers turnkey solutions, including any necessary local exchange carrier coordination, equipment provisioning, personnel training, legacy system upgrades and network systems integration. Compec's "total solution" capability involves the delivery of data, voice and video throughout a customer's facility directly to the desktop. Compec's expertise incorporates the design, provisioning, installation and maintenance of networks, including everything from the cable infrastructure, to the backbone hardware and the desktop itself. During the last three years, Compec has installed network solutions in over 6000 locations nationwide. These network solutions have included projects ranging nationwide rollouts to campus-wide SONET systems and single office LANs.
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 ëforward-looking statementsí 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. The Company intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Companyís 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.
Gee. Maybe because the private media company thought that their viewers might have found the news of interest. FreeRepublic is not a forum for looney leftist conspiracy freaks, FYI.
Regards, Ivan
Or to track home-schoolers? As an article recently quoted a California school official, home schooling is not an authorized reason for non-attendance.
What does IBM have to do with a junk company like ADSX? IBM is at one end of the spectrum and ADSX does not exist in comparison.
ADSX should have chunked their weak technology a long time ago and hooked into the growing cell network systems. They could have done this a couple of years ago. Why didn't they? What took them so long? Because the company is run by money guys. That thought they were technology wizards. And were stupid enough to think they could build a totally new network to talk to their "implants". Stupid.
ADSX should be delisted, again. Their financials absolutely stink. It's a junk company. Huge burn rate. And they are going to need a lot of new cash. Good money after bad?
If they had any sense they would do a deal with the state of CA to monitor released sex offenders. And maybe those on parole and probation. They could build a good revenue stream. Then start on other states. Chuck the idea of "tagging" the good guys. Forget the "666" type crapola. I'm not sure about your school district idea. Many larger schools require photo ID's. But this? I don't know.
Due some due diligence on these guys and you will not see a lot under the hood. Mostly hype.
You can be sure that's where it will start, too. First with offenders on parole. That's on solid legal ground. Then as a lifelong post-sentence provision. Perhaps as solid. Then (or maybe concurrently, I don't know) it will be applied those already released. Of course it will be immediately challenged, but the SCOTUS will likely rule that it's not an invasion of privacy, allowing it be applied retroactively.
And that's when the door is opened for it to be required of everyone.
First will be the immigrants, of course. And the rest...? I confess I don't know. There are a number of possibilities, but be assured by the time they get around to you and me it will be too late because the deed was done while it was still "them."
We could teach people the Constitution, the bible, and let them carry guns. But, it's probably too late for that.
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