VeriChip to be Featured On NBC's Today Show Monday
(Mark of the beast ?)
Scare me man!
VeriChip--TM-- to be Featured On NBC's Today Show Monday
Morning, April 8, 2002
Business Editors, High Tech Writers
PALM BEACH, Fla.--(BUSINESS WIRE)--April 5, 2002--
Applied Digital's President and Chief Technology Officer to be interviewed along with Florida family that wants to "get chipped(TM)"
Applied Digital Solutions, Inc. (Nasdaq: ADSX), an advanced technology development company, announced that VeriChip will be featured on NBC's Today Show on Monday morning, April 8, 2002.
VeriChip is a miniaturized, implantable, radio frequency identification device (RFID) that can be used in a variety of security, emergency and healthcare applications.
Scott R. Silverman, President of Applied Digital Solutions, and Keith Bolton, the company's Chief Technology Officer, will be interviewed about the technology's applications, recent FDA guidance and market potential. Also on the program will be the three-member Jacobs family from South Florida. The Jacobs family will be the first family to "get chipped(TM)" with the VeriChip device.
On April 4, 2002, the company announced that it has received written guidance that the U.S. Food and Drug Administration (FDA) does not consider VeriChip to be a regulated medical device. This clears the way for the company to begin sales, marketing and distribution of VeriChip in the United States. In about four weeks, the Jacobs family will become the first family in history to "get chipped." A specific date and time for the chipping procedure will be announced soon.
About VeriChip(TM)
VeriChip, first announced on December 19, 2001, is a miniaturized, implantable, radio frequency identification device (RFID) that can be used in a variety of security, emergency and healthcare applications. About the size of a grain of rice, each VeriChip is composed of FDA-accepted materials and contains a unique verification number. That number is captured by briefly passing a proprietary, external scanner over the VeriChip. A small amount of radio frequency energy passes through the skin energizing the dormant VeriChip, which then emits a radio frequency signal transmitting the verification number. VeriChip Corporation, a wholly owned subsidiary of Applied Digital Solutions, was established on February 7, 2002.
About Applied Digital Solutions, Inc.
Applied Digital Solutions is an advanced 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. 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 esults. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
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CONTACT: Applied Digital Solutions, Inc., Palm Beach
Investors: Lynn Anderson, 561/805-8007
landerson@adsx.com
Media: Matthew Cossolotto, 914/245-9721
matthew@ovations.com
KEYWORD: FLORIDA
INDUSTRY KEYWORD: BIOTECHNOLOGY COMPUTERS/ELECTRONICS MEDICAL DEVICES SOFTWARE TELECOMMUNICATIONS
SOURCE: Applied Digital Solutions, Inc.
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