Post by Watchman on Jun 16, 2006 10:02:42 GMT -5
VeriChip Highlights Role Implanted Chip May Play in a Government Immigration and Guest Worker Program
Delray Beach, FL--(HISPANIC PR WIRE - US Newswire)--June 14, 2006--Applied Digital (NASDAQ:ADSX), a leading provider of identification and security technology, released the following comments today from its chairman and CEO, Scott Silverman, regarding the VeriChip technology and the potential role it may play in a government immigration and guest worker program.
“We are exploring a guest worker application we believe is appropriate to help the U.S. with its current immigration crisis. VeriChip is currently being used as a medical application, cleared by the FDA as a class II medical device,” said Scott Silverman. “First and foremost, a VeriChip is not a locating device. VeriChip technology has no GPS capabilities whatsoever. It is simply a voluntary passive identification device that is only “awakened” by a proprietary scanner within a very short range of a few inches.”
Using VeriChip’s secure implantable RFID technology, the Department of Homeland Security can ensure that a secure, tamper-proof system is in place to identify, register and confirm guest worker credentials at the border or at an employer’s premises. VeriChip already employs the same technology to provide secure access to medical records and to secure areas of buildings such as hospitals or office buildings. Medical records access may prove relevant in immigration applications as well. In addition to border security, this device can provide medical records of guest workers that may be unable to communicate (currently a strain on our medical system).
In addition, the VeriChip can also be bonded into a piece of paper, implanted into an ID card or into a wearable wrist bracelet. Use of this RFID chip in tandem with, or in lieu of the immigration “blue card”, provides an additional layer of security to confirm the identity of a guest worker.
“It’s really no different than a tamperproof passport you can carry all the time,” says Silverman. “As concerns mount about falsified documents, VeriChip technology ensures security and privacy for the individual as well as increased security at our borders.”
About VeriChip Corporation
VeriChip Corporation, headquartered in Delray Beach, Florida, develops, markets and sells radio frequency identification, or RFID, systems used to identify, locate and protect people and assets. VeriChip's goal is to become the leading provider of RFID systems for people in the healthcare industry. VeriChip sells passive RFID systems for identification purposes and active RFID systems for local-area location and identification purposes. VeriChip recently began to market its VeriMed(TM) Patient Identification System which is used to rapidly and accurately identify people who arrive in an emergency room and are unable to communicate. This system uses the first human-implantable passive RFID microchip, the implantable VeriChip(TM), cleared for medical use in October 2004 by the United States Food and Drug Administration.
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).
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.
Source: Hispanic PR Wire
Delray Beach, FL--(HISPANIC PR WIRE - US Newswire)--June 14, 2006--Applied Digital (NASDAQ:ADSX), a leading provider of identification and security technology, released the following comments today from its chairman and CEO, Scott Silverman, regarding the VeriChip technology and the potential role it may play in a government immigration and guest worker program.
“We are exploring a guest worker application we believe is appropriate to help the U.S. with its current immigration crisis. VeriChip is currently being used as a medical application, cleared by the FDA as a class II medical device,” said Scott Silverman. “First and foremost, a VeriChip is not a locating device. VeriChip technology has no GPS capabilities whatsoever. It is simply a voluntary passive identification device that is only “awakened” by a proprietary scanner within a very short range of a few inches.”
Using VeriChip’s secure implantable RFID technology, the Department of Homeland Security can ensure that a secure, tamper-proof system is in place to identify, register and confirm guest worker credentials at the border or at an employer’s premises. VeriChip already employs the same technology to provide secure access to medical records and to secure areas of buildings such as hospitals or office buildings. Medical records access may prove relevant in immigration applications as well. In addition to border security, this device can provide medical records of guest workers that may be unable to communicate (currently a strain on our medical system).
In addition, the VeriChip can also be bonded into a piece of paper, implanted into an ID card or into a wearable wrist bracelet. Use of this RFID chip in tandem with, or in lieu of the immigration “blue card”, provides an additional layer of security to confirm the identity of a guest worker.
“It’s really no different than a tamperproof passport you can carry all the time,” says Silverman. “As concerns mount about falsified documents, VeriChip technology ensures security and privacy for the individual as well as increased security at our borders.”
About VeriChip Corporation
VeriChip Corporation, headquartered in Delray Beach, Florida, develops, markets and sells radio frequency identification, or RFID, systems used to identify, locate and protect people and assets. VeriChip's goal is to become the leading provider of RFID systems for people in the healthcare industry. VeriChip sells passive RFID systems for identification purposes and active RFID systems for local-area location and identification purposes. VeriChip recently began to market its VeriMed(TM) Patient Identification System which is used to rapidly and accurately identify people who arrive in an emergency room and are unable to communicate. This system uses the first human-implantable passive RFID microchip, the implantable VeriChip(TM), cleared for medical use in October 2004 by the United States Food and Drug Administration.
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).
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.
Source: Hispanic PR Wire