| Decenber 1 2005
New Signings in November Increase Medical Facilities to 68
DELRAY BEACH, Fla.--(BUSINESS WIRE)--Dec. 1, 2005--VeriChip Corporation, a subsidiary of Applied Digital (NASDAQ: ADSX - News), a leading provider of identification and security technology, announced today that 68 medical facilities, including 65 hospitals, have now agreed to implement the VeriMed™ System for Patient Identification. During the month of November, three additional hospitals agreed to adopt the System. Three additional healthcare organizations have recently agreed to adopt the System: one research center, one specialized care center, and one nursing home.
About VeriChip - "The First RFID Company for People"
VeriChip is a subsidiary of Applied Digital and the only company to provide both implantable and wearable RFID identification and security solutions for people, their assets, and their environments. From the world's first and only FDA-cleared, human-implantable RFID microchip to the only patented active RFID tag with skin-sensing capabilities, VeriChip leads the way in next-generation RFID technologies. Today, over 4,000 installations worldwide in healthcare, security, industrial, and government markets benefit from both the protection and efficiencies provided by VeriChip systems. For more information on VeriChip, please visit www.verichipcorp.com.
About Applied Digital - "The Power of Identification Technology"
Applied Digital develops innovative identification and security products for consumer, commercial, and government sectors worldwide. The Company's unique and often proprietary products provide identification and security systems for people, animals, the food supply, government/military arena, and commercial assets. Included in this diversified product line are RFID applications, end-to-end food safety systems, GPS/Satellite communications, and telecomm and security infrastructure, positioning Applied Digital as the leader in identification technology. Applied Digital is the owner of a majority position in Digital Angel Corporation (AMEX:DOC - News).
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. 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:
Investors:
CEOcast, Inc.
Ken Sgro, 212-732-4300
kensgro@ceocast.com
or
Media:
Direct Communications Group
John O. Procter, 202-772-2179
jprocter@dcgpr.com
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