- PALM BEACH, FL
(Business Wire) - Applied Digital Solutions, Inc. (Nasdaq: ADSX) announced
today (11-7) that its wholly-owned subsidiary, Digital Angel Corporation,
has selected Monday, November 26 as its official launch date for Digital
Angel(TM), the first-ever combination of advanced biosensor technology
and Web-enabled wireless telecommunications linked to Global Positioning
(GPS).
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- Initial marketing campaigns will focus on South Florida,
with its high concentration of favorable demographic groups.
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- Richard J. Sullivan, Chairman and CEO of Applied Digital
Solutions, commented on the launch: "On Monday, November 26th, the
world will become just a little bit safer with the much anticipated launch
of Digital Angel products. We are very excited to deliver Digital Angel's
unique Personal Safeguard Technology to an eager marketplace and to enhance
our first-mover advantage in a $70 billion market. In addition to our initial
marketing campaign, we will begin product delivery to our Digital Angel.net
pre-registration subscribers. Upon completion of this regional rollout
and a thorough evaluation of new subscriber demographics and characteristics,
we will extend the rollout into additional markets nationwide."
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- Mr. Sullivan continued: "The announcement of this
product release date, combined with our recently announced merger of Digital
Angel with Medical Advisory Systems (AMEX: DOC), sends a very clear message
to advanced technology investors. Applied Digital is determined to identify
and develop advanced digital technologies that improve quality of life.
Our Thermo Life(TM) body heat generator is another example. Once commercially
viable, these technologies will be merged with a management team and operating
platform from a complementary company in order to enhance Applied Digital
Solutions shareholder value through direct financial contribution and indirect
investment gains. In each case, we will determine the most effective means
of delivering equity participation to our shareholders."
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- About Digital Angel(TM)
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- Digital Angel represents the first-ever combination of
advanced biosensor technology and Web-enabled wireless telecommunications
linked to Global Positioning Systems (GPS). By utilizing advanced biosensor
capabilities, Digital Angel will be able to monitor key body functions
- such as temperature and pulse - and transmit that data, along with accurate
location information, to a ground station or monitoring facility.
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- Applied Digital Solutions is exploring a wide range of
potential applications for Digital Angel, including: monitoring the location
and medical condition of at-risk patients; locating lost or missing individuals;
locating missing or stolen household pets; monitoring the location of certain
parolees; managing livestock and other farm-related animals; pinpointing
the location of valuable stolen property; managing the commodity supply
chain; preventing the unauthorized use of firearms; and providing a tamper-proof
means of identification for enhanced e-commerce security. Digital Angel
Corporation has announced a proposed merger with Medical Advisory Systems.
For more information on Digital Angel, visit www.digitalangel.net .
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- About Medical Advisory Systems
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- Medical Advisory Systems, Inc. is a global leader in
telemedicine that has operated a 24/7, physician-staffed call center in
Owings, MD for nearly 20 years. Through a worldwide telecommunications
network, MAS provides health care to ships-at-sea and other remote locations,
one-on-one "chats" with a physician via the Internet or telephone,
as well as medical and non-medical services for the travel industry. MAS
owns a 12% equity interest in Paris-based CORIS Group, which provides it
with the ability to offer its services in over 30 countries worldwide.
For additional information, visit www.mas1.com .
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- About Applied Digital Solutions, Inc.
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- Applied Digital Solutions is an advanced digital 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 http://www.adsx.com
.
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- 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. ___
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- Source: Applied Digital Solutions, Inc.
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