Animal RFID: Digital Angel Corporation Signs Distribution Agreement With ...

From PR Newswire (press release) ... Plough to increase the pet health and safety of all companion animals." Digital Angel has been developing and manufacturing a series of RFID (radio-frequency ...

... Digital Angel Corporation (Amex: DOC) announced today that it has signed a 10-year exclusive product supply and distribution agreement with Schering-Plough Animal Health Corporation, a wholly-owned subsidiary of Schering-Plough Corporation (NYSE: SGP). The new agreement allows Schering-Plough Animal Health to continue to be the exclusive distributor of Digital Angel electronic identification products (microchips and scanners) for companion animals throughout the United States. The agreement calls for annual purchases to increase at least 20 percent per year for 2005 and 2006. ...

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 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.