SubDermal RFID Micro Transponder Marketing ...

SubDermal RFID Micro Transponder: Applied Digital's VeriChip Corporation Forms Medical Advisory ...

From Business Wire (press release), CA ... The VeriChip product is a sub dermal RFID micro transponder that can be used in a variety of security, financial, emergency identification and healthcare ...

... Applied Digital (NASDAQ: ADSX), a provider of Security Through Innovation(TM), announced today that its wholly-owned subsidiary, VeriChip Corporation, has formed a Medical Advisory Board to assist in expanding the adoption of VeriChip in the medical community. The Board's initial focus will be to advise the Company on ways to increase the acceptance and expand the marketing of VeriChip to practitioners, hospitals and makers of medical devices, insurance companies and Medicaid/Medicare. In addition, the Board will work closely with legislators and federal agencies to improve the quality of information technology in healthcare. Dr. Richard Seelig, Vice President of Medical Applications for VeriChip Corporation, will chair the Board. Other initial members are: Howard Weintraub, Ph.D., a principal in Landfall Therapeutics Consulting Group, LLC and Sameer Mehta, MD, FACC, MBA, a highly respected cardiologist and healthcare activist. ...

VeriChip Corporation is a wholly owned subsidiary of Applied Digital. The VeriChip product is a sub dermal RFID micro transponder that can be used in a variety of security, financial, emergency identification and healthcare applications. About the size of a grain of rice, each VeriChip device contains a unique verification number that is captured by briefly passing a proprietary scanner over the VeriChip. In October 2004, the U.S. Food and Drug Administration (FDA) cleared VeriChip for medical applications in the United States. VeriChip is not an FDA-regulated device with regard to its security, financial, personal identification/safety applications and is MRI compatible. Applied Digital develops innovative security products for consumer, commercial, and government sectors worldwide. The Company's unique and often proprietary products provide security 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 of Security Through Innovation. Applied Digital is the owner of a majority position in Digital Angel Corporation (AMEX: DOC).