RFID Company Revenue Growth ...

RFID Company Revenue Growth: DIGITAL ANGEL CORPORATION ANNOUNCES 2OO5 SECOND QUARTER, SIX-MONTH RESULTS: Year-Over-Year Revenues Up Nearly 48 Percent for Second Quarter, 36 Percent for First Six Months; Company Reiterates Revenue Guidance for 2005 ...

... "Revenue for the Company's Animal Applications segment increased 36.4 percent to $8.3 million in this year's second quarter, and 26.2 percent to $16.6 million in the first six months of 2005, when compared to the prior year periods. The increases were principally due to increased sales to fish and wildlife customers, increases in microchip and visual product sales to livestock customers and the inclusion of revenues from Denmark-based DSD Holdings A/S, which was acquired in February 2005. DSD Holdings, which manufactures and markets visual and electronic radio frequency identification (RFID) tags for livestock throughout Europe, the Middle East, Japan and Australia, contributed revenues of $1.5 million for the second quarter and a total of $2.1 million for the first six months of this year. " ...

Digital Angel Corporation develops and deploys sensor and communications technologies that enable rapid and accurate identification, location tracking, and condition monitoring of high-value assets. Applications for the Company's products include identification and monitoring of pets, fish, humans and livestock through its patented implantable microchips; location tracking and message monitoring of vehicles and aircraft in remote locations through systems that integrate GPS and geosynchronous satellite communications; and monitoring of asset conditions such as temperature and movement, through advanced miniature sensors. Digital Angel Corporation is majority-owned by Applied Digital, Inc.