Swine Producer Protein Sources LLP Implements Digital Angel's PigSMART(TM) System for Improved Herd Management and Data Collecti
08 June 2004 - 10:35PM
PR Newswire (US)
Swine Producer Protein Sources LLP Implements Digital Angel's
PigSMART(TM) System for Improved Herd Management and Data
Collection ST. PAUL, Minn., June 8 /PRNewswire-FirstCall/ --
Digital Angel Corporation (AMEX:DOC), an advanced technology
company in the field of rapid and accurate identification, location
tracking, and condition monitoring of high-value assets, today
announced that swine producer Protein Sources LLP has agreed to
install the PigSMART(TM) swine tracking system in all its owned and
managed commercial sow farms. Based in Mapleton, MN, Protein
Sources owns or manages over 20 sow farms, with each farm managing
between 1,200 and 6,000 sows. Digital Angel's proprietary PigSMART
system features the Company's patented radio-frequency
identification (RFID) microchips, e.Tags(TM), scanning systems and
software for frictionless data collection. The system incorporates
the latest in wireless technology, web-enabled personal digital
assistants (PDAs) and database design to provide utility and
scalability, and provides real-time reports for immediate
management decisions, trend analyses and performance assessments.
Niels Fogt, Digital Angel's Director of Sales & Marketing said,
"Protein Sources has always been a company with considerable
foresight and leadership in the swine industry. We are thrilled
that after collaborative development efforts between the two
companies over the past 18 months that we are meeting the
performance objectives set out for the PigSMART system.
Installation of all the sow farms began this past summer. We
believe PigSMART will help Protein Sources achieve its herd
management efficiency goals and meet the data collection and
information demands required by a large, low cost multi-farm system
such as theirs." Fogt continued, "We're also looking forward to
showcasing the PigSMART system for all industry participants later
this week at the 2004 World Pork Expo, being held in Des Moines,
IA, from June 10 to 12." Paul Fitzsimmons, Partner in Protein
Sources, stated, "As a management tool, PigSMART allows us
automatically to collect, report and store data on individual
animals, personnel and husbandry practices. Among its specific
benefits are individual animal quality and productivity reports,
immediate on-farm access to production data for management decision
making and elimination of remote data entry. PigSMART has increased
the quality of the data we capture while at the same time reducing
the time our farms spend gathering data. The result is a positive
impact on our cost of production. Moreover, we look at PigSMART as
a platform with which we can move towards the goal of total farm
traceability in our industry." About Digital Angel Corporation
Digital Angel Corporation develops and deploys sensor and
communications technologies that enable rapid and accurate
identification, location tracking, and condition monitoring of
high-value assets. Applications for the Company's products include
identification and monitoring of pets, fish and livestock through
its patented implantable microchips; location tracking and message
monitoring of vehicles and aircraft in remote locations through
systems that integrate GPS and geosynchronous satellite
communications; and monitoring of asset conditions such as
temperature and movement, through advanced miniature sensors.
Digital Angel Corporation is majority-owned by Applied Digital
Solutions, Inc. (NASDAQ:ADSX). For more information about Digital
Angel, please visit http://www.digitalangelcorp.com/. The
statements in this press release that are not strictly historical,
are "forward-looking" statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and are intended to be covered by the safe
harbors created by these sections. The forward-looking statements
are subject to risks and uncertainties and the actual results that
the Company achieves may differ materially from these
forward-looking statements due to such risks and uncertainties,
including, but not limited to, that recent changes in the Company's
senior management could have an adverse effect on the Company's
financial results that the Company's stockholders will experience
dilution if certain debt owned by the Company is converted into
common stock; the risk of foreclosure on substantially all of the
Company's assets; that the Company's majority stockholder, Applied
Digital Solutions, Inc. is able to completely control the board of
directors and may support actions that conflict with the interests
of other stockholders; that the Company's earnings will decline if
it writes off additional goodwill and other intangible assets; that
exercises of the Company's options and warrants outstanding and
available for issuance may adversely affect the market price of the
Company's common stock, the Company's inability to generate income,
the Company's ability to maintain patent and trade secret
protection, domestic and foreign government regulation, the
Company's sales to government contractors of animal identification
products, dependence on a single production arrangement for its
patented syringe-injectable microchips, dependence on principal
customers, competition in the visual and electronic identification
markets, foreign currency rate fluctuation, dependence on a small
team of senior management and the Company's ability to develop,
integrate, miniaturize and market the Digital Angel(TM) technology.
A detailed statement of risks and uncertainties is contained in the
Company's reports to the Securities and Exchange Commission,
including in particular the Company's Form 10-K for the fiscal year
ended December 31, 2003. Investors and stockholders are urged to
read this document carefully. The Company can offer no assurances
that any projections, assumptions or forecasts made or discussed in
this release will be met, and investors should understand the risks
of investing solely due to such projections. The Company undertakes
no obligation to revise any forward-looking statements in order to
reflect events or circumstances that may arise after the date of
this press release. For further information, please contact: Jay F.
McKeage, investors, +1-212-691-8087, , or Len Hall, media,
+1-949-474-4300, , both of Allen & Caron Inc, for Digital Angel
Corporation. DATASOURCE: Digital Angel Corporation CONTACT: Jay F.
McKeage, investors, +1-212-691-8087, , or Len Hall, media,
+1-949-474-4300, , both of Allen & Caron Inc, for Digital Angel
Corporation Web site: http://www.digitalangelcorp.com/
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