VeriChip Corporation Reschedules Announcement of Financial Results for 2006 Fourth Quarter and Full Year from Monday, March 5 to
March 02 2007 - 10:45AM
PR Newswire (US)
DELRAY BEACH, Fla., March 2 /PRNewswire-FirstCall/ -- VeriChip
Corporation ("VeriChip" or the "Company") (NASDAQ:CHIP), a provider
of RFID systems for healthcare and patient-related needs, announced
today that it will reschedule the release of its fourth quarter and
full year financial results for the period ended December 31, 2006,
from Monday, March 5, 2007 to Thursday, March 8, 2007, as a result
of the 25-day post-effective period following the commencement of
its recent initial public offering. The Company now plans to issue
its fourth quarter and full year financial results on Thursday,
March 8, 2007 at 7:30 a.m. ET. That same day, the Company will hold
a conference call to discuss the results. The conference call will
take place at 8:30 a.m. EST. Interested participants should call
(800) 472-8309 within the United States or (706) 643- 9561
internationally. Please use passcode 1338987. The playback of the
conference will be available two hours after the completion of the
call for 30 days. To listen to the playback, please call (800)
642-1687 within the United States or (706) 645-9291
internationally. Please use passcode 1338987. The call will also be
webcast and will be available on the home page of the Company's web
site at http://www.verichipcorp.com/. 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 for rapidly and accurately identifying 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. VeriChip
Corporation is majority-owned by Applied Digital Inc.
(NASDAQ:ADSX), which also owns a majority position in Digital Angel
Corporation (AMEX:DOC). For more information on VeriChip, please
call 1-800- 970-2447, or email . Additional information can be
found online at http://www.verichipcorp.com/. Certain statements
herein are "forward-looking statements". Such forward- looking
statements are not historical facts but instead reflect VeriChip's
current expectations or beliefs concerning future events and
results of operations, many of which, by their nature, are
inherently uncertain and outside of VeriChip's control. It is
possible that actual results may differ, possibly materially, from
those anticipated in these forward-looking statements. For a
discussion of some of the risks and important factors that could
affect future events and results of operations, see the discussion
in our Registration Statement on Form S-1 (Commission file number
333-130754) under the caption "Risk Factors." VeriChip does not
undertake to publicly update or revise its forward-looking
statements, whether as a result of new information, future events
or otherwise. Contact: VeriChip Corporation The Ruth Group Allison
Tomek Nick Laudico (investors) 561-805-8000 (646) 536-7030 Jason
Rando (media) (646) 536-7025 DATASOURCE: VeriChip Corporation
CONTACT: Allison Tomek of VeriChip Corporation, +1-561-805-8000, ;
or Investors: Nick Laudico, +1-646-536-7030, , or Media: Jason
Rando, +1-646-536-7025, , both of The Ruth Group, for VeriChip
Corporation Web site: http://www.verichipcorp.com/
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