Holwood1 Cussy.......Stock number 5The one he wants you to promise to buy only if you bought the other 4
As far as I have been able to put together.it's ADSX Applied digital soloutions trading on the NASDAQ, it fits his discription and price range.....
VeriChip Corporation Records First Sales of Subdermal RFID VeriChip Products to Countries in Europe
2003-11-10 09:25 ET - News Release
PALM BEACH, Fla. -- (Business Wire) -- Nov. 10, 2003
Applied Digital Solutions Inc. (Nasdaq: ADSX):
-- Distributor for Switzerland and Russia submits initial purchase
order for 400 VeriChips and 34 handheld scanners and agrees to buy
total of 1,000 VeriChips and 100 scanners in 2003
-- Five-year minimum purchase of 51,000 VeriChips and 2,600
scanners required to maintain exclusivity
Applied Digital Solutions, Inc. (Nasdaq: ADSX), an advanced
technology development company, today announced that its wholly owned
subsidiary, VeriChip Corporation, has received a purchase order for
400 VeriChips and 34 handheld scanners from its exclusive distributor
for Russia and Switzerland. These VeriChip sales represent the first
to countries in the European region.
About the size of a grain of rice, VeriChip(TM) is the world's
first subdermal, radio frequency identification (RFID) microchip that
can be used in a variety of security, financial, emergency
identification and other applications.
The Swiss Russian distributor, RussGPS, has offices in Moscow and
Zurich and operates throughout the GUS (former Soviet Union) region.
Under the terms of the distribution agreement, the distributor has
agreed to purchase a total of 1,000 VeriChips and 100 proprietary
scanners in 2003. Over the five years covered by the agreement, the
minimum purchase requirement is 51,000 VeriChips and 2,600 proprietary
scanners in order to maintain exclusive distribution rights in the
stipulated countries.
The distributor's initial plans call for using VeriChip for its
security-related and emergency identification applications. The
Company expects that this distributor will also make use of the newly
developed VeriGuard(TM) secure access control ("VeriGuard-S.A.C.")
system.
About RussGPS
A Swiss Russian Company, RussGPS was founded by Russian
businessmen together with SwissWeb GmbH, one of the largest ISPs
(Internet Service Provider) in Switzerland. The Company offers
GPS-based monitoring systems for mobile objects and a variety of
Internet solutions, including Web-hosting and Internet consulting
services. Bringing together highly qualified specialists with many
years' work experience in Russia and numerous foreign markets, RussGPS
successfully cooperates with legislative and executive authorities of
all levels both in the center of the Russian Federation and in its
regions. The Company's technological infrastructure is built with such
accepted worldwide brands as Microsoft, Intel, Dell, Cisco, and
Silicon Graphics.
The RussGPS System -- a unique vehicle and person locating system
with a range of management and control possibilities -- is based on
WEBfleet technology that is widespread both inside and outside Europe
and adopted for use in the GUS (former Soviet Union) countries. The
Company is an exclusive WEBfleet provider in the GUS countries. Users
of WEBfleet service include companies such as BOSCH, SONY, national
mobile phone operators in Europe, first-rate insurance,
transportation, leasing, service and guard companies.
For more information about RussGPS in English, visit
https://www.russgps.ru/eng/index.php. Contact information for the
Moscow office can be found by clicking on the following link or
visiting https://www.russgps.ru/eng/index.php?secname=contact.
About VeriChip(TM)
VeriChip is a subdermal, radio frequency identification (RFID)
device that can be used in a variety of security, financial, emergency
identification and other applications. About the size of a grain of
rice, each VeriChip product contains a unique verification number that
is captured by briefly passing a proprietary scanner over the
VeriChip. A small amount of radio frequency energy passes from the
scanner energizing the dormant VeriChip, which then emits a radio
frequency signal transmitting the verification number. In October
2002, the US Food and Drug Administration (FDA) ruled that VeriChip is
not a regulated device with regard to its security, financial,
personal identification/safety applications but that VeriChip's
healthcare information applications are regulated by the FDA. VeriChip
Corporation is a wholly owned subsidiary of Applied Digital Solutions
(Nasdaq: ADSX). For more information about VeriChip, visit
www.adsx.com.
More About VeriGuard(TM)-S.A.C.
The VeriGuard-S.A.C. reader consists of a high-powered RFID
antenna encased in a durable plastic panel that can be mounted near a
doorway or building entrance. The VeriGuard-S.A.C. scanner "reads" a
passing subdermal VeriChip by emitting a low-frequency radio signal
and receiving a return radio signal sent by the VeriChip's
transponder. The hardware and software components of the
VeriGuard-S.A.C. system work together to authenticate personnel who
are authorized to enter a given building or facility and unlock a
secure doorway if the person has authorized access. The
VeriGuard-S.A.C. panel can also be placed in strategic locations
within a building or facility to "track" the location and movements of
authorized personnel inside a secure area. VeriGuard-S.A.C. could
function as a stand-alone, tamper-proof personal verification secure
access technology or it could operate in conjunction with other
security technologies such as standard ID badges, smart cards and
advanced biometric devices (e.g. retina scanners, thumbprint readers
or face recognition devices). The Company envisions incorporating
variations of the VeriGuard solution into "Trusted Traveler" and
residential security programs.
About Applied Digital Solutions, Inc.
Applied Digital Solutions is an advanced technology development
company that focuses on a range of life-enhancing, personal safeguard
technologies, early warning alert systems, miniaturized power sources
and security monitoring systems combined with the comprehensive data
management services required to support them. Through its Advanced
Technology Group, the Company specializes in security-related data
collection, value-added data intelligence and complex data delivery
systems for a wide variety of end users including commercial
operations, government agencies and consumers. Applied Digital
Solutions owns a majority position in Digital Angel Corporation (AMEX:
DOC). For more information, visit the Company's website at
www.adsx.com.
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.
Paul