Above Top Secret Newsletter - http://www.AboveTopSecret.com
Number 24 - 26th August, 2000
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HUMAN IMPLANTABLE CHIP TO BE UNVEILED IN OCTOBER
The following was reported at Yahoo's BizWire
http://biz.yahoo.com/bw/000731/fl_applied.html
Monday July 31, 4:08 pm Eastern Time
Company Press Release
Digital Angel Breakthrough Technology Goes Live
PALM BEACH, Fla.
Applied Digital Solutions will unveil an operational prototype of its
revolutionary Digital Angel(TM) technology ...
Chairman sees multi-billion dollar market potential via licensing and
services integrated with Web-enabled wireless devices
The prototype... to be unveiled at an invitation-only, New York City event
this October... represents a major communications technology breakthrough
-- the first-ever operational combination of bio-sensor technology and
Web-enabled wireless telecommunications linked to GPS location-tracking
systems.
Applied Digital Solutions, Inc. (NASDAQ:ADSX) today announced that it will
host a special, invitation-only event in New York City this coming October
to demonstrate an operational prototype of its revolutionary "Digital
Angel"(TM) technology.
As previously announced, the prototype of the device was to be ready by
the end of this year. But Applied Digital's Chairman and CEO, Richard J.
Sullivan, said today that the development of the technology had progressed
well ahead of schedule.
In his comments announcing the October event, Richard Sullivan stated:
"We're extremely heartened by the remarkable progress made by Dr. Peter
Zhou and his entire research team, including professors and their
associates at Princeton University and the New Jersey Institute of
Technology. This technology relates directly to the exploding wireless
marketplace. We'll be
demonstrating for the first time ever that wireless telecommunications
systems and bio-sensor devices - capable of measuring and transmitting
critical body function data - can be successfully linked together with GPS
technology and integrated with the Internet.
"This is a gigantic leap forward, one that also links directly to our
Computer Telephony Internet Integration (CTII)(TM) strategic focus. At its
heart, Digital Angel involves integrating the very same communications
technologies into a working system. We'll soon be ready to move ahead to
the
production-design phase of Digital Angel geared to specific marketplace
applications. The key message right now is this: Digital Angel isn't a
blue-sky technology. This is real. Digital Angel breakthrough technology
is here. It's live!"
While estimates of Digital Angel's marketplace potential vary, there is
little doubt that the technology will enable Applied Digital and its
partners to tap into a multi-billion dollar market via various licensing
arrangements, Web-enabled wireless services and data transactions handled
by Applied Digital's ASP (Application Service Provider) center.
Those attending the event in New York City will see a working, multimedia
demonstration of Digital Angel's technological building blocks. A
miniature sensor device -- smaller than a grain of rice and equipped with
a tiny antenna -- will capture and wirelessly transmit a person's vital
body-function data, such as body temperature or pulse, to an
Internet-integrated ground station. In addition, the antenna will also
receive information regarding the location of the individual from the GPS
satellite. Both sets of data -- medical information and location -- will
then be wirelessly transmitted to the ground station and made available on
Web-enabled desktop, laptop or wireless devices. This demonstration
represents the first time these technologies have been united into one
functioning system.
The New York City event - at a time, date and location to be announced
later -- will feature live presentations from top Applied Digital
executives, including Richard Sullivan, Chairman and CEO; Dr. Keith
Bolton, Chief Technology Officer; and Dr. Peter Zhou, President and Chief
Scientist at Digital Angel.net Inc., Applied Digital's wholly owned
subsidiary that has been spearheading the drive to develop Digital Angel.
Those attending the event will be a handpicked group of potential joint
venture partners, as well as senior-level players in the e-commerce,
wireless and Internet
industries. Key stock analysts and media representatives will also be
invited. Attendees will learn about the history of Digital Angel and its
technological underpinnings, along with its many potential applications in
the marketplace.
Digital Angel's Dr. Peter Zhou commented: "I'm particularly excited about
Digital Angel's ability to save lives by remotely monitoring the medical
conditions of at-risk patients and providing emergency rescue units with
the person's exact location. I also see great potential for Digital Angel
in the area of 'location-aware' e-commerce. This is a whole new wireless
and Web-enabled frontier in which a purchaser's actual location is
integral to making a successful sale or providing a valuable,
location-critical service."
Background on Digital Angel(TM)
In December of 1999, Applied Digital Solutions announced that it had
acquired the patent rights to a miniature digital transceiver -- which it
has named Digital Angel. In some of its applications, the tiny device is
expected to be bonded closely to the body or implanted just under the
skin. The Company believes Digital Angel will be able to send and receive
data and be located by GPS (Global Positioning System) technology. In
addition to monitoring the location and medical condition of at-risk
patients, the Company believes Digital Angel could have other applications
that will prove to be extremely popular in the marketplace. These
applications include locating lost or missing individuals or household
pets; tracking endangered wildlife; managing livestock and other
farm-related animals; pinpointing the location of valuable stolen
property; finding lost airline baggage and postal packages; managing the
commodity supply chain; preventing the unauthorized use of firearms; and
providing a tamper-proof means of identification for enhanced e-commerce
security. For more information about Digital Angel, visit
http://www.digitalangel.net .
About the CTII(TM) Initiative
Applied Digital Solutions has successfully focused its strategic direction
and organized the company into four core business groups: Internet,
Telephony, Network and Applications. As part of this successful
transformation, the Company has positioned itself as a leading-edge
provider of Computer Telephony Internet Integration (CTII) services. This
CTII focus differentiates Applied Digital Solutions in the e-business
solutions marketplace. With CTII, Applied Digital provides the full range
of services and skills that companies need to conduct business online.
Through its four integrated business groups, Applied Digital designs and
deploys complete, front-to-back, web-enabled e-business systems -- all
with a single point of contact for the customer.
About Applied Digital Solutions, Inc.
Applied Digital Solutions is a leading-edge, single-source provider of
e-business solutions. The Company differentiates itself in the marketplace
by enabling e-business through Computer Telephony Internet Integration
(CTII). With five-year revenue growth (from 1994 to 1998) of 64,012%,
Applied Digital Solutions is ranked as the fifth fastest-growing
technology company by Deloitte & Touche in its 1999 Technology Fast 500
listing. For more information, visit http://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. The Company intends that 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.
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Below is a quote from http://www.digitalangel.net
WHAT IS DIGITAL ANGEL?
Applied Digital Solutions has developed a new technology that we believe
will revolutionize E-Business security, emergency location and medical
monitoring and commodities supply chain management (food safety). That
technology has been named Digital AngelT.
ADS is actively seeking joint venture partners to develop and market this
technology. We expect to produce a prototype of the device by the end of
2000. We believe the potential global market for this device - in all of
its applications - could exceed $100 billion.
Basic Features of Digital AngelT
The idea behind Digital AngelT is to build a microchip that can be either
implanted in or closely bonded to the body. This microchip will include
biosensors that will measure the biological parameters of the body and
store this information.
It will also have an antenna that will receive signals from GPS
satellites. The geological locator of the chip can be derived from these
signals. The antenna also communicates with ground stations. It will
receive commands from the stations and will send the biological
information and location data to the ground station. This could take the
form of a distress signal sent to a monitoring facility when the unit
detects a medical emergency.
The chip will be equipped with a micro battery. This battery will be
self-rechargeable taking energy from the body or from its surroundings.
All these components will be combined into a unit the size of a dime.
Digital AngelT will remain dormant most of the time. It will only be
activated by the wearer or by commands from the ground station. The
purpose is to save battery energy and to avoid interference with other
devices, such as medical equipment or airplanes.
The unit can be turned off by the wearer, thereby making the monitoring
voluntary. It will not intrude on personal privacy except in applications
applied to the tracking of criminals.
Digital AngelT measures bodily parameters; however, it does not interact
with the body chemically or biologically. It is harmless and will not
interfere with body functions in any way.
Limitations of Competing Technologies
While a number of other tracking and monitoring technologies have been
patented and marketed in the past, they are all unsuitable for the
widespread tracking, recovery and identification of people due to a
variety of limitations, including unwieldy size, maintenance requirements,
insufficient or inconvenient power-supply and activation difficulties.
For the first time in the history of location and monitoring technology,
Digital AngelT overcomes these limitations.
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