VeriChip Infant Protection Product Now Used in One-In-Three U.S. Hospitals and Birthing Centers
14 December 2006 - 1:00AM
PR Newswire (US)
Over 1,100 Installations To-Date in the United States DELRAY BEACH,
Fla., Dec. 13 /PRNewswire-FirstCall/ -- Applied Digital
(NASDAQ:ADSX), through its VeriChip Corp. subsidiary, announced
today that it has passed an important milestone in the sale and use
of VeriChip's infant protection systems, with one-out-of-three
Hospitals and Birthing Centers in the United States now using
systems manufactured by VeriChip. This includes systems sold under
both the Hugs and HALO brand names. VeriChip believes that it has
the largest installed base of infant protection systems of any
company in the industry. Revenues from sales of VeriChip's infant
protection systems increased by 28% during the first three-
quarters of 2006 as compared to pro forma revenue from such systems
during the comparable period in 2005. "This important achievement
is reflective of VeriChip's leadership in RFID products for
healthcare security solutions," said Daniel A. Gunther, President
of VeriChip Corp. For more information on VeriChip's infant
protection systems, please contact 1-866-559-6275 or email .
Additional information can be found online at
http://www.verichiphealthcare.com/. About Applied Digital - "The
Power of Identification Technology" Applied Digital develops
innovative identification and security products for consumer,
commercial, and government sectors worldwide. The Company's unique
and often proprietary products provide identification and security
systems for people, animals, the food supply, government/military
arena, and commercial assets. Included in this diversified product
line are RFID applications, end-to-end food safety systems,
GPS/Satellite communications, and telecomm and security
infrastructure, positioning Applied Digital as the leader in
identification technology. Applied Digital is the owner of a
majority position in Digital Angel Corporation (AMEX:DOC). About
VeriChip Corporation VeriChip Corporation, headquartered in Delray
Beach, Florida, develops, markets and sells radio frequency
identification, or RFID, systems used to identify, locate and
protect people and assets. VeriChip's goal is to become the leading
provider of RFID systems for people in the healthcare industry.
VeriChip sells passive RFID systems for identification purposes and
active RFID systems for local-area location and identification
purposes. VeriChip recently began to market its VeriMed(TM) Patient
Identification System for rapidly and accurately identifying people
who arrive in an emergency room and are unable to communicate. This
system uses the first human-implantable passive RFID microchip, the
implantable VeriChip(TM), cleared for medical use in October 2004
by the United States Food and Drug Administration. For more
information on VeriChip, please call 1-800-970-2447, or email .
Additional information can be found online at
http://www.verichipcorp.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. Contact: Investors: Nick Laudico The Ruth Group
646-536-7030 Media: Jason Rando The Ruth Group 646-536-7025
DATASOURCE: Applied Digital CONTACT: Investors: Nick Laudico,
+1-646-536-7030, , or Media: Jason Rando, +1-646-536-7025, , both
of The Ruth Group Web site: http://www.verichipcorp.com/
http://www.verichiphealthcare.com/
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