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  • VeriChip Corporation Signs Four New Distributors for Subdermal RFID VeriChip Products

    03/26/2004 2:44:31 PM PST · by KitJ · 246+ views
    Yahoo business news ^ | March 25, 2004 | Press Release
    Company Awards Exclusive Rights to U.S. Markets Quotas exceed 66,000 VeriChips and 4,900 handheld scanners PALM BEACH, Fla.--(BUSINESS WIRE)--March 25, 2004-- Applied Digital Solutions, Inc. (Nasdaq: ADSX - News), an advanced technology development company, today announced that its wholly owned subsidiary, VeriChip Corporation, has awarded the exclusive rights to distribute VeriChip in three states, including Florida, Georgia and Tennessee. The company has also awarded territories to distributors in Puerto Rico and Central America. The distributors have collectively agreed to quotas to purchase 66,763 VeriChips and 4,945 scanners over the terms of the agreements. Each of the distributor's plans call for...