ADSX Applied Digital Solutions Announces Energy-Source Breakthrough - A
Miniaturized Thermoelectric Generator Powered by Body Heat
PALM BEACH, Fla., Oct 1, 2001 (BW HealthWire) --
The wafer-thin, fingernail-size "battery" converts body heat flow into
electrical power to run embedded or attachable medical devices
as well as wristwatches; does away with need to periodically change
batteries and has an addressable worldwide market
in excess of $2.5 billion
Applied Digital Solutions, Inc. (NASDAQ:ADSX) today announced that it has
developed a miniaturized thermoelectric generator -- a half-inch diameter
ceramic-based "battery" that converts low gradient body heat flow into
electrical power. This "battery" is a solid-state device, does not contain any
chemicals and would never need any replenishment.
At the present time, this revolutionary device generates 1.5 volts of
electricity with 10 micron amps and is able to operate continuously, 24 hours a
day, 7 days a week.
The new body-heat "battery" has a wide variety of potential uses, primarily
related to powering attachable and implantable medical devices as well as
wristwatches. It effectively eliminates the need to periodically replace the
power source of these devices. Applied Digital is now providing demonstrations
of this technology to potential licensees on a confidential basis.
Commenting on the announcement, Applied Digital Solutions' Chairman & CEO,
Richard J. Sullivan said: "This breakthrough technology represents another
significant step for Applied Digital as a developer of enhanced digital
technologies. These technologies have a tremendous capacity for saving lives as
well as enhancing the quality of life. We're looking forward to working with the
medical community, battery manufacturers and other potential partners throughout
the world to bring this exciting new product to market."
Dr. Peter Zhou, Vice President and Chief Scientist of Applied Digital Solutions,
added: "Companies and individuals hampered by the limitations of today's common
power sources will find that our new body-heat battery addresses their needs
more efficiently and cost-effectively. A 1.5 volt battery provides enough power
for certain medical devices. But some medical devices require additional
voltage, so we plan to develop a battery capable of generating 3 volts of
electricity with 10 microns."
Dr. Keith Bolton, Vice President and Chief Technology Officer at Applied Digital
Solutions also noted that Applied Digital plans to incorporate the continuous
"battery" into future generations of its Digital Angel products. Scheduled for a
market launch in November 2001, Digital Angel products represent the first-ever
combination of advanced biosensor technology and Web-enabled wireless
telecommunications linked to Global Positioning Systems (GPS). Digital Angel
monitors key body functions -- such as temperature and pulse -- and transmits
that data, along with accurate location information, to a ground station or
monitoring facility. Digital Angel's potential applications include: monitoring
the location and medical condition of at-risk patients; helping with emergency
search and rescue operations; locating lost or missing individuals; locating
missing or stolen household pets; managing the commodity supply chain; and
providing a tamper-proof means of identification for enhanced e-commerce
security. For more information on Digital Angel, visit www.digitalangel.net.
About Applied Digital Solutions, Inc.
Applied Digital Solutions is an advanced digital technology development company
that focuses on a range of early warning alert, miniaturized power sources and
security monitoring systems combined with the comprehensive data management
services required to support them. Through its Advanced Wireless unit, 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. For more
information, visit the company's website at adsx.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.
The Company intends that 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: ADS Investor Contact
Matthew Hayden, 843/272-4653
mhayden@adsx.com
or
ADS Media Contact
Matthew Cossolotto, 914/245-9721
matthew@ovations.com
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-0-
KEYWORD: FLORIDA
INDUSTRY KEYWORD: MEDICAL
MEDICAL
DEVICES
COMPUTERS/ELECTRONICS
HARDWARE
SOURCE:
Applied
Digital
Solutions,
Inc.
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