U.S. Department of Agriculture Approves Digital Angel Livestock RFID Tagging System for National Animal Identification Program
August 01 2006 - 10:51AM
PR Newswire (US)
First Livestock Tagging System to Win Government Approval for
Program to Protect the Health of U.S. Livestock SO. ST. PAUL,
Minn., Aug. 1 /PRNewswire-FirstCall/ -- Digital Angel Corporation
(AMEX:DOC), an advanced technology company in the field of rapid
and accurate identification, location tracking, and condition
monitoring of high-value assets, announced today that its
electronic RFID (radio frequency identification) livestock tagging
system has been approved by the U.S. Department of Agriculture
(USDA) for use in the National Animal Identification System (NAIS).
Digital Angel is the first animal tag manufacturer to be designated
as an Animal Identification (AIN) tag manufacturer by the USDA,
which signifies that the Company's tagging system is capable of
identifying livestock with the unique, lifetime animal
identification number that is being established as a national
standard through the NAIS. The NAIS, a cooperative program between
the state and federal governments and the livestock industry to
help trace, manage and eradicate animal diseases like Mad Cow
Disease, Foot and Mouth Disease, Pseudo-Rabies Disease and Porcine
Reproductive and Respiratory Syndrome in pigs, is being run by the
USDA's Animal and Plant Health Inspection Service (APHIS). APHIS
launched the voluntary NAIS in 2004 with the premises registration
system and is now continuing its advancement by implementing the
animal identification component. While USDA has established visual
tags as the minimum standard for some species, cattle for example,
producers may elect to use ear tags with RFID technology incased in
the official identification tags. "This is a stamp of approval and
an important acknowledgement of the integrity of our tagging
system," said Digital Angel President and CEO Kevin N. McGrath.
"The USDA underwent a thorough review of our identification tags
and came away convinced that we can produce livestock tags that are
up to its standards, but also ensure the uniqueness of the numbers
attributed to individual animals that assist in tracking the
animal's origin and movement throughout its life. The flexibility
to use the AIN tags in other programs outside the scope of NAIS,
like source and age verification programs as well as basic
management practices, provides the opportunity for producers to
fully utilize the capability of our electronic ear tags." Digital
Angel, which has been in the livestock tagging business since 1945,
has developed a proprietary and comprehensive RFID traceability
system that includes electronic tags and scanners as well as a
related IT system that can provide for the identification and
tracking of all animals tagged as part of the NAIS. The target date
for having all livestock identified that are covered in the NAIS
guidelines is early 2009. Digital Angel sells its electronic tags
under the brand names e.Tag(TM) and Destron Combo e.Tag(TM). About
Digital Angel Corporation Digital Angel Corporation develops and
deploys sensor and communications technologies that enable rapid
and accurate identification, location tracking, and condition
monitoring of high-value assets. Applications for the Company's
products include identification and monitoring of humans, pets,
fish, poultry and livestock through its patented implantable
microchips; location tracking and message monitoring of vehicles
and aircraft in remote locations through systems that integrate GPS
and geosynchronous satellite communications; and monitoring of
asset conditions such as temperature and movement, through advanced
miniature sensors. Digital Angel Corporation is majority-owned by
Applied Digital Inc. (NASDAQ:ADSX). For more information about
Digital Angel, please visit http://www.digitalangelcorp.com/. The
statements in this press release that are not strictly historical,
are "forward-looking" statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and are intended to be covered by the safe
harbors created by these sections. The forward-looking statements
are subject to risks and uncertainties and the actual results that
the Company achieves may differ materially from these
forward-looking statements due to such risks and uncertainties,
including, but not limited to, that Applied Digital Inc. owns 55.4%
of the Company's common stock, that new accounting pronouncements
regarding expensing of share based compensation may impact the
Company's future results of operations, the Company may continue to
incur net losses, infringement by third parties on the Company's
intellectual property or development of substantially equivalent
proprietary technology by the Company's competitors could
negatively impact the Company's business, domestic and foreign
government regulation and other factors could impair the Company's
ability to develop and sell its products in certain markets, the
Company relies on sales to government contractors for its animal
identification and search and rescue beacon products, and any
decline in the demand by these customers for such products could
negatively affect the Company's business, the Company depends on a
single production arrangement for its patented syringe-injectable
microchips, and the loss of or any significant reduction in the
production could have an adverse effect on the Company's business,
technological change could cause the Company's products to become
obsolete, the loss of one of the Company's principal customers
could negatively impact the Company's net revenue, the Company's
earnings will decline if the Company writes off goodwill and other
intangible assets, options and warrants outstanding and available
for issuance may adversely affect the market price of the Company's
common stock, currency exchange rate fluctuations could have an
adverse effect on the Company's sales and financial results, the
Company depends on a small team of senior management. A detailed
statement of risks and uncertainties is contained in the Company's
reports to the Securities and Exchange Commission, including in
particular the Company's Form 10-K for the fiscal year ended
December 31, 2005. Investors and stockholders are urged to read
this document carefully. The Company can offer no assurances that
any projections, assumptions or forecasts made or discussed in this
release will be met, and investors should understand the risks of
investing solely due to such projections. The Company undertakes no
obligation to revise any forward-looking statements in order to
reflect events or circumstances that may arise after the date of
this press release. Contact: Allen & Caron Inc Michael
Lucarelli (investors) Len Hall (media) 212-691-8087 949-474-4300
DATASOURCE: Digital Angel Corporation CONTACT: Investors, Michael
Lucarelli, +1-212-691-8087, , or Media, Len Hall, +1-949-474-4300,
, both of Allen & Caron Inc, for Digital Angel Corporation Web
site: http://www.digitalangelcorp.com/
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