Today's movement:
bloomberg.com
Applied Digital Solutions' Stock to be Relisted On
Nasdaq
National Market On Wednesday, July 31, 2002 Under Its Original Ticker
Symbol 'ADSX'
Business Editors
PALM BEACH, Fla.--(BUSINESS WIRE)--July 26, 2002--Applied Digital
Solutions, Inc. (NASDAQ: ADSX), an advanced technology development
company, announced today that a Nasdaq Listing Qualifications Panel has
determined to relist the Company's common stock on The Nasdaq National
Market.
To maintain its listing, the Company must satisfy all continued listing criteria,
including the $1.00 minimum bid price requirement. In that regard, the Panel
has provided the Company until October 25, 2002 to satisfy that requirement.
The Company's common stock will begin trading on the National Market with
the open of business on Wednesday, July 31, 2002.
About Applied Digital Solutions, Inc.
Applied Digital Solutions is an advanced technology development company
that focuses on a range of life-enhancing, personal safeguard technologies,
early warning alert systems, miniaturized power sources and security
monitoring systems combined with the comprehensive data management
services required to support them. Through its Advanced Technology Group,
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.
Applied Digital Solutions is the beneficial owner of a majority position in Digital
Angel Corporation (AMEX:DOC). 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 results. The Company
undertakes no obligation to update forward-looking statements to reflect
subsequently occurring events or circumstances.
--30--CT/ch*
CONTACT: Applied Digital Solutions, Inc.
Investor Contact: Lori Alexander, 561/805-8013
investor@adsx.com
Media Contact: Matthew Cossolotto, 914/245-9721
matthew@ovations.com
KEYWORD: FLORIDA
INDUSTRY KEYWORD: TELECOMMUNICATIONS
COMPUTERS/ELECTRONICS MEDICAL DEVICES
SOURCE: Applied Digital Solutions, Inc.
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-0- Jul/26/2002 12:01 GMT |
