VeriChip Corporation Adds Over 300 Physicians to the VeriMed Physician Network During 2006 Annual Meeting of American Academy of Family Physicians
Posted on: Wednesday, 4 October 2006, 09:01 CDT
VeriChip Corporation, a subsidiary of Applied Digital Solutions, Inc. (NASDAQ: ADSX), announced today that over 300 physicians have registered in the VeriMed Physician Network during the annual meeting of the American Academy of Family Physicians (AAFP), held in Washington, D.C. on September 28-30, 2006.
Kevin McLaughlin, CEO of VeriChip Corporation, stated, "VeriChip Corporation is extremely pleased by the number of physicians that visited the VeriMed exhibit at the AAFP annual meeting and learned about how the VeriMed system can help save the lives of patients by speaking for them in an emergency situation. We believe that many of the physicians who registered in the VeriMed Physician Network were influenced, in part, by the information we provided as to the growing number of emergency departments that now incorporate the VeriMed system as standard protocol."
The VeriMed system, which consists of a hand-held radio frequency identification (RFID) scanner, an implantable RFID microchip, and a secure patient database, is being used to help rapidly identify and provide access to important health information on participating patients who arrive at the emergency department unconscious, delirious, or unable to communicate.
About VeriChip Corporation
VeriChip Corporation, a subsidiary of Applied Digital Solutions, Inc. (NASDAQ:ADSX), a leading provider of identification and security technology 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™ 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™, cleared for medical use in October 2004 by the United States Food and Drug Administration.
About Applied Digital Solutions - "The Power of Identification Technology"
Applied Digital develops innovative identification and security products for consumer, commercial, and government sectors worldwide. Applied Digital'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).
About AAFP -- American Academy of Family Physicians
The American Academy of Family Physicians is the national association of family doctors. It is one of the largest national medical organizations, with more than 94,000 members in 50 states, D.C., Puerto Rico, the Virgin Islands, and Guam. The Academy was founded in 1947 to promote and maintain high quality standards for family doctors who are providing continuing comprehensive health care to the public.
Statements about Applied Digital's and VeriChip'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 Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and Applied Digital'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: Business Wire
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