Text 139, 69 rader
Skriven 2004-12-17 19:33:41 av Steve Asher (3:800/432.0)
Ärende: ORBCOMM / VeriChip Agreement
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12/15/04   
ORBCOMM ANNOUNCES APPLICATION DEVELOPMENT AGREEMENT WITH VERICHIP CORPORATION

FORT LEE, N.J., December 15, 2004 - ORBCOMM, a global satellite
telecommunications company, today announced that it has executed an
agreement with VeriChip(tm) Corporation, a subsidiary of Applied Digital
(NASDAQ:ADSX), to be its provider of satellite and telecommunication
services for applications to be developed for use with the worldAEs
first implantable radio frequency identification (RFID) microchip,
also called VeriChip(tm). 

Under the terms of the agreement, the companies will also work
together to develop and market new military, security, and healthcare
applications for use in the United States and around the world. 

VeriChip Corporation is a wholly owned subsidiary of Applied Digital.
The VeriChip product is a subdermal RFID microtransponder 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 a FDA-regulated device with regards to its security, financial,
personal identification/safety applications.

"ORBCOMM's relationship with VeriChip provides yet another new and
important industry that will use the ORBCOMM satellite system and its
ground infrastructure network to transmit messages globally," Jerry
Eisenberg, CEO of ORBCOMM, said.


About ORBCOMM

ORBCOMM is a wireless telecommunications company that provides
reliable, cost effective data communications services to customers
around the world through its unique low-earth orbit (LEO) satellite
network and global ground infrastructure. A diverse customer base,
including industry leaders General Electric, Caterpillar Inc., Volvo
Trucks, XATA, and AirIQ, uses ORBCOMM services to track, monitor and
control mobile and fixed assets including trucks, containers, marine
vessels, locomotives, heavy machinery, pipelines, oil wells, utility
meters and storage tanks anywhere in the world.  For more information
call 1-800-ORBCOMM or visit its Web site at www.ORBCOMM.com.


About Applied Digital

Applied Digital develops innovative security products for consumer,
commercial and government sectors worldwide. Its 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).  For more
information, visit the company's website at http://www.adsx.com.

                               -=<*>=-

Source: ORBCOMM ...
http://www.orbcomm.com/wwwroot/public/news/readNewsArticle.jsp?ARTICLE_ID=12


Cheers, Steve...

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 * Origin: Xaragmata / Adelaide SA telnet://xaragmata.thebbs.org (3:800/432)