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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Rajiv who wrote (58332)7/31/2000 6:19:27 PM
From: CaptainSEC  Respond to of 122087
 
Rajiv, I am following ADSX with much interest.

Monday July 31, 4:08 pm Eastern Time
Company Press Release
Digital Angel Breakthrough Technology Goes Live
PALM BEACH, Fla.--(BUSINESS WIRE)--July 31, 2000--

Applied Digital Solutions will unveil an operational

prototype of its revolutionary Digital Angel(TM) technology ...

Chairman sees multi-billion dollar market potential via licensing

and services integrated with Web-enabled wireless devices

The prototype ... to be unveiled at an invitation-only, New York City
event this October ... represents a major communications technology

breakthrough -- the first-ever operational combination of
bio-sensor technology and Web-enabled wireless telecommunications

linked to GPS location-tracking systems

Applied Digital Solutions, Inc. (NASDAQ:ADSX - news) today announced that it will host a special, invitation-only event in New York City this coming October to demonstrate an operational prototype of its revolutionary ``Digital Angel''(TM) technology.

As previously announced, the prototype of the device was to be ready by the end of this year. But Applied Digital's Chairman and CEO, Richard J. Sullivan, said today that the development of the technology had progressed well ahead of schedule.

In his comments announcing the October event, Richard Sullivan stated: ``We're extremely heartened by the remarkable progress made by Dr. Peter Zhou and his entire research team, including professors and their associates at Princeton University and the New Jersey Institute of Technology. This technology relates directly to the exploding wireless marketplace. We'll be demonstrating for the first time ever that wireless telecommunications systems and bio-sensor devices - capable of measuring and transmitting critical body function data - can be successfully linked together with GPS technology and integrated with the Internet.

``This is a gigantic leap forward, one that also links directly to our Computer Telephony Internet Integration (CTII)(TM) strategic focus. At its heart, Digital Angel involves integrating the very same communications technologies into a working system. We'll soon be ready to move ahead to the production-design phase of Digital Angel geared to specific marketplace applications. The key message right now is this: Digital Angel isn't a blue-sky technology. This is real. Digital Angel breakthrough technology is here. It's live!''

While estimates of Digital Angel's marketplace potential vary, there is little doubt that the technology will enable Applied Digital and its partners to tap into a multi-billion dollar market via various licensing arrangements, Web-enabled wireless services and data transactions handled by Applied Digital's ASP (Application Service Provider) center.

Those attending the event in New York City will see a working, multimedia demonstration of Digital Angel's technological building blocks. A miniature sensor device -- smaller than a grain of rice and equipped with a tiny antenna -- will capture and wirelessly transmit a person's vital body-function data, such as body temperature or pulse, to an Internet-integrated ground station. In addition, the antenna will also receive information regarding the location of the individual from the GPS satellite. Both sets of data -- medical information and location -- will then be wirelessly transmitted to the ground station and made available on Web-enabled desktop, laptop or wireless devices. This demonstration represents the first time these technologies have been united into one functioning system.

The New York City event - at a time, date and location to be announced later -- will feature live presentations from top Applied Digital executives, including Richard Sullivan, Chairman and CEO; Dr. Keith Bolton, Chief Technology Officer; and Dr. Peter Zhou, President and Chief Scientist at Digital Angel.net Inc., Applied Digital's wholly owned subsidiary that has been spearheading the drive to develop Digital Angel. Those attending the event will be a handpicked group of potential joint venture partners, as well as senior-level players in the e-commerce, wireless and Internet industries. Key stock analysts and media representatives will also be invited. Attendees will learn about the history of Digital Angel and its technological underpinnings, along with its many potential applications in the marketplace.

Digital Angel's Dr. Peter Zhou commented: ``I'm particularly excited about Digital Angel's ability to save lives by remotely monitoring the medical conditions of at-risk patients and providing emergency rescue units with the person's exact location. I also see great potential for Digital Angel in the area of `location-aware' e-commerce. This is a whole new wireless and Web-enabled frontier in which a purchaser's actual location is integral to making a successful sale or providing a valuable, location-critical service.''

Background on Digital Angel(TM)

In December of 1999, Applied Digital Solutions announced that it had acquired the patent rights to a miniature digital transceiver -- which it has named Digital Angel. In some of its applications, the tiny device is expected to be bonded closely to the body or implanted just under the skin. The Company believes Digital Angel will be able to send and receive data and be located by GPS (Global Positioning System) technology. In addition to monitoring the location and medical condition of at-risk patients, the Company believes Digital Angel could have other applications that will prove to be extremely popular in the marketplace. These applications include locating lost or missing individuals or household pets; tracking endangered wildlife; managing livestock and other farm-related animals; pinpointing the location of valuable stolen property; finding lost airline baggage and postal packages; managing the commodity supply chain; preventing the unauthorized use of firearms; and providing a tamper-proof means of identification for enhanced e-commerce security. For more information about Digital Angel, visit digitalangel.net .

About the CTII(TM) Initiative

Applied Digital Solutions has successfully focused its strategic direction and organized the company into four core business groups: Internet, Telephony, Network and Applications. As part of this successful transformation, the Company has positioned itself as a leading-edge provider of Computer Telephony Internet Integration (CTII) services. This CTII focus differentiates Applied Digital Solutions in the e-business solutions marketplace. With CTII, Applied Digital provides the full range of services and skills that companies need to conduct business online. Through its four integrated business groups, Applied Digital designs and deploys complete, front-to-back, web-enabled e-business systems -- all with a single point of contact for the customer.

About Applied Digital Solutions, Inc.

Applied Digital Solutions is a leading-edge, single-source provider of e-business solutions. The Company differentiates itself in the marketplace by enabling e-business through Computer Telephony Internet Integration (CTII). With five-year revenue growth (from 1994 to 1998) of 64,012%, Applied Digital Solutions is ranked as the fifth fastest-growing technology company by Deloitte & Touche in its 1999 Technology Fast 500 listing. For more information, visit 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:

Ovations International Inc.
Matthew Cossolotto, 914/245-9721; matthew@ovations.com
or
ADS Investor Relations
Robert Jackson, 561/366-4800; Fax: 561/366-8591
rjackson@adsx.com

biz.yahoo.com



To: Rajiv who wrote (58332)7/31/2000 6:21:15 PM
From: CaptainSEC  Respond to of 122087
 
Different band, same song.

As Filed with the Securities and Exchange Commission on July 25, 2000

- --------------------------------------------------------------------------------
Registration No. 333-38068
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

PRE-EFFECTIVE AMENDMENT NO. 1 TO
FORM S-3
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933

APPLIED DIGITAL SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)

MISSOURI 3661 43-1641533
(State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer
incorporation or organization) Classification Code Number) Identification No.)

400 Royal Palm Way, Suite 410
Palm Beach, Florida 33480
(561) 366-4800

===SNIP===

This prospectus relates to 2,900,461 shares of our common stock, par value
$.001 per share, which will be sold at various times by the Selling Shareholders
listed in this prospectus starting on page 11. More information about the shares
is under "Description of Capital Stock."

The Selling Shareholders may sell the shares of common stock in one or more
transactions (which may include "block transactions") on the Nasdaq Stock
Market, in the over-the-counter market, in negotiated transactions or in a
combination of such methods of sales, at fixed prices which may be changed, at
market prices prevailing at the time of sales, at prices related to such
prevailing market prices or at negotiated prices.

Our shares are listed on the Nasdaq Stock Market under the symbol "ADSX."
On July 19, 2000, the last reported sale price of our common stock was $3.06 per
share. See "Price Range of Common Stock and Dividend Information."

===SNIP===

Ownership Prior to the Number of Shares Ownership After
Selling Shareholder Offering Offered Hereby the Offering
------------------- -------- -------------- ------------
Shares % Shares Shares %
------ - ------ ------ -
<S> <C> <C> <C> <C> <C> <C>
Kerry G. Burst................... 48,333 * 48,333 (1) -- *
Jeff Francis..................... 143,916 * 143,916 (2) -- *
John Vaughn...................... 143,916 * 143,916 (2) -- *
Capital Alliance................. 15,149 * 15,149 (2) -- *
Robert W. Munson................. 120,080 * 120,080 (3) -- *
Enrica Carroll................... 120,080 * 120,080 (3) -- *
Scott A. Lines................... 74,335 * 74,335 (3) -- *
Susan S. Lines.................. 45,745 * 45,745 (3) -- *
Chuck Sword...................... 40,027 * 40,027 (3) -- *
Michael Wayne Breindel........... 450,219 * 450,219 (4) -- *
Douglas Marlin .................. 431,060 * 431,060 (4) -- *
Kevin Barker .................... 76,633 * 76,633 (4) -- *
Gary D. and Sandra Hornbuckle.... 302,934 * 49,468 (5) 253,466 *
Sterling Hornbuckle.............. 126,708 * 15,220 (5) 111,488 *
Luis Alvarez..................... 11,416 * 11,416 (5) -- *
Harvey Newman.................... 461,771 * 459,459 (6) 2,312 *
Martin Zuckerman................. 456,441 * 441,441 (6) 15,000 *
Donna Pizarro.................... 112,613 * 112,613 (7) -- *
Carl Saracino.................... 101,351 * 101,351 (8) -- *
----------------------------------------------------------------
Total 3,282,727 2,900,461 382,266


sec.gov