Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: therainbow who wrote (113925)	4/24/2003 2:36:53 PM
From: INTHEWALLET	Respond to of 150070

hey rainbow, AIDO up another 35% NEWS OUT. Press Release Source: Advanced ID Corporation Advanced ID Corporation Signs Manufacturing Strategic Partnership Agreement with Guide-Trend Technology Thursday April 24, 2:12 pm ET Guide-Trend is a leading technology plastics manufacturer serving global companies including Siemens, Phillips, and Minolta CALGARY, Alberta--(BUSINESS WIRE)--April 24, 2003-- In preparation for beginning mass production of its state-of-the-art RFID chips, Advanced ID Corporation, (OTCBB:AIDO - News), today announced that is has signed an extensive Strategic Partnership Agreement with China-based Guide-Trend Technology Company, Ltd. The Agreement outlines Advanced ID's manufacturing partnership with Guide-Trend, whereby Guide-Trend will cost effectively and at the highest quality standards mass-produce the plastics encapsulation component of Advanced ID's RFID chips. Guide-Trend is a manufacturer of plastics for computers and electronics products. The company's injection blow molding facility is one of the largest in Asia and has a complete tooling capability including 37 injection molding machines with over 4800 tons of capacity. Guide-Trend has 600 employees that work in a 100,000 square foot facility that is ISO and UL certified. The company's customers include global industrial leaders such as Siemens, Phillips, Minolta, Marantz, Denon, Daewoo, B&O, and Bose. CK Li, President and Managing Director of Guide-Trend commented on the strategic partnership, "We are pleased to partner with Advanced ID in the RFID business. We believe the future of identification will depend on system integration and Guide-Trend is definitely prepared to provide plastics encapsulation for Advanced ID's products. After viewing the market potential throughout the world, Guide-Trend is prepared to invest in this area of the RFID business." Advanced ID's President and CEO, Barry Bennett added, "We have created an RFID chip with performance results that far outstrip anything in the market today. What we needed in order to make our technology widely available is the right manufacturing partner. In Guide-Trend, we have found a very capable plastics manufacturer that can create the quality of plastics covering we need, coupled with the capacity to mass produce in response to our projected demands. We are pleased to partner with them and we look forward to a very productive, long-term working relationship." About Advanced ID Corporation Advanced ID Corporation, through its wholly owned Subsidiary, is a pioneer in the radio frequency identification (RFID) market. RFID allows for the positive identification and location tracking of animals or objects that have been identified with a tiny microchip. The Company currently markets RFID microchips, scanners, and its proprietary PETtrac database to the companion animal market, as well as for tracking of animals in the wild, including endangered species. Through organic growth and acquisition, Advanced ID Corporation is positioned to enter and considerably impact several significant new markets. For more information please visit the Company's website at www.advancedid.ca. Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected market size are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent or obligation to update these forward-looking statements. -------------------------------------------------------------------------------- Contact: Advanced ID Corporation Barry I. Bennett, 403/264-6300 pr@advancedid.com www.advancedid.ca