
VeriChip provides state-of-the-art security solutions that identify, locate, and protect people, their assets, and their environments. From the world's first and only FDA-cleared, human-implantable RFID microchip to the only active RFID tag with patented skin sensing capabilities, VeriChip's technology ensures the safety and security organizations are looking for. Its market-leading infant protection, wander prevention, asset tracking, and patient identification applications make VeriChip the predominant RFID solutions provider in the healthcare industry. And today, VeriChip systems are installed in over 4,000 locations worldwide in healthcare, security, industrial, and government markets making it the world's premier RFID company for people.
VeriChip History The roots of VeriChip trace back to the events of September 11, 2001 when New York firemen were writing their badge ID numbers on their chests in case they were found injured or unconscious. It was evident there was a desperate need for personal information in emergency situations and that an injectable RFID microchip could help patients.
Working closely with Applied Digital, VeriChip was created as a wholly-owned subsidiary in December 2001 to produce and market the implantable device (also known as "VeriChip™"). The company received FDA approval for the device in medical applications in December 2004 and today, many people around the world have been implanted. In addition, several leading medical centres including Beth Israel Deaconess and Hackensack University, have agreed to use the technology in their emergency departments with other facilities currently in talks with VeriChip.
In April 2005, VeriChip extended its RFID innovation and offerings by acquiring eXI Wireless Inc., a leader in infant protection, wander prevention, and asset tracking solutions based on non-implantable RFID technology. This was followed by the acquisition of Instantel (and its Xmarksystems group) in June 2005, a market leader in RFID-based healthcare security and vibration monitoring systems for regulated vibration control. With these acquisitions and the success to date of the FDA-cleared, human-implantable RFID microchip, VeriChip has solidified its position as the world's premier RFID company for people offering the widest range of RFID solutions (i.e. implantable, wearable, and attachable) and proven leadership in multiple markets.
VeriChip completed its initial public offering in February 2007 and trades on the NASDAQ under the symbol "CHIP". VeriChip is majority-owned by Applied Digital.
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