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To: Jibacoa who wrote (14036)	12/30/2005 9:20:24 AM
From: Galirayo	Read Replies (2) \| Respond to of 23958

>>I think we have to tell the people at DOC<< This news must be good for DOC ... it's up pre mkt. Applied Digital Closes $12 Million Debt Financing Friday December 30, 8:00 am ET Portion of Funding Repays $5.35 Million Convertible Financing, Reducing Potential Dilution DELRAY BEACH, Fla.--(BUSINESS WIRE)--Dec. 30, 2005--Applied Digital (NASDAQ: ADSX - News), a leading provider of identification and security technology, announced today that it has closed a $12 million non-convertible debt financing transaction with Satellite Senior Income Fund, LLC. Approximately $5.35 million of the proceeds will be used to fully satisfy outstanding (and potentially convertible) debt from the company's prior financing of June 10, 2005. The company will file a current report on Form 8-K providing additional detail.