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"CNBC 10/30/00 - 7:41 PM... much, read more about it tomorrow. >>> Still to come on "business center", a final look at extended-hours trading, and tom costello's five stocks for tomorrow, also, science takes the fiction out of science fiction, with a futuristic chip called the digital angel. You may not believe what it's capable of doing. >>> A small company in florida is taking us into the future, with a microchip it says is capable of tracking human beings. Jerry cobb has more on the "digital angel," and the company that makes it. >> Sensors all over the city can zero in on anyone at any time. >> The implantable microchip has long been a favorite prop of science fiction. But the technology may have finally arrived, according to florida-based applied digital solutions, the company developed a quarter- sized self-charging sensor that can transmit a person's vital signs and geographic location, it's called digital angel. >> We not only have developed this unique...
CNBC 10/30/00 - 7:44 PM... that can transmit a person's vital signs and geographic location, it's called digital angel. >> We not only have developed this unique technology, but we've acquired strategic assets to draw it together. >> Powered by body heat the digital angel transceiver sends and receives information over existing wireless communications networks, and can be located with positioning satellites. Ceo richard sullivan says a primary application of this device will be to monitor people with heart problems, or other high-risk medical conditions. >> Seven years ago i lost my own brother from walking pneumonia, when with advanced information with the capabilities of angel today, that would have never happened. >> An implantable version of the digital angel will soon be available, first for pets and later for humans. Ultimately applied digital hopes to partner with manufacturers, and service providers, to track everything from airline luggage to laptops, from soldiers to battlefield to...
CNBC 10/30/00 - 7:45 PM... luggage to laptops, from soldiers to battlefield to kids in the shopping mall. But with a small market capitalization, and uneven earnings, the company has had a hard time getting on wall street's radar screen. Although applied digital tout it is positive benefits of digital angel, privacy advocates say the technology raises some troubling issues. >> We've developed very powerful location tracking technologies without at the same time establishing the legal standards and the ground rules for how this information will be collected and used. >> Several other companies working on similar folks and tracking systems and wireless firms will soon be required to incorporate this technology into cell phones. Meanwhile, applied digital plans to start testing a prototype of the digital angel system in six months. Hopes to start shipping products in about a year. Ron: How much is the digital angel likely to cost? >> Take the example of cardiac patients who might use the system. They could pay about $800 for this unit, plus about 400 dollars a year about, in..."
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