Implantable Microchips coming to Europe

[Mech]

VeriChip Corporation Records First Sales of Subdermal RFID VeriChip Products to Countries in Europe
Monday November 10, 9:25 am ET



biz.yahoo.com/bw/031110/105467_1.html


PALM BEACH, Fla.--(BUSINESS WIRE)--Nov. 10, 2003--Applied Digital Solutions Inc.

Applied Digital Solutions, Inc. (Nasdaq: ADSX - News), 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

[Mech]

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 www.russgps.ru/eng/index.php. Contact information for the Moscow office can be found by clicking on the following link or visiting 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 - News). 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 - News). 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.

[AtomHeartMother]

Bio-chip implant arrives
for cashless transactions
Announcement at global security confab unveils syringe-injectable ID microchip

--------------------------------------------------------------------------------
Posted: November 21, 2003
7:42 p.m. Eastern


By Sherrie Gossett
© 2003 WorldNetDaily.com


At a global security conference held today in Paris, an American company announced a new syringe-injectable microchip implant for humans, designed to be used as a fraud-proof payment method for cash and credit-card transactions.

The chip implant is being presented as an advance over credit cards and smart cards, which, absent biometrics and appropriate safeguard technologies, are subject to theft, resulting in identity fraud.

Identity fraud costs the banking and financial industry some $48 billion a year, and consumers $5 billion, according to 2002 Federal Trade Commission estimates.

Verichip portable reader


In his speech today at the ID World 2003 conference in Paris, France, Scott R. Silverman, CEO of Applied Digital Solutions, called the chip a "loss-proof solution" and said that the chip's "unique under-the-skin format" could be used for a variety of identification applications in the security and financial worlds.

The company will have to compete, though, with organizations using just a fingerprint scan for similar applications.

The ID World Conference, held yesterday and today at the Charles de Gaulle Hilton, focused on current and future applications of radio frequency identification (RFID) technologies, biometrics, smart cards and data collection.

The company's various "VeriChips" are RFID chips, which contain a unique identification number and can carry other personal data about the implantee. When radio-frequency energy passes from a scanner, it energizes the chip, which is passive (not independently powered), and which then emits a radio-frequency signal transmitting the chip's information to the reader, which in turn links with a database.

ADS has previously touted its radio frequency identification (RFID) chips for secure building access, computer access, storage of medical records, anti-kidnapping initiatives and a variety of law-enforcement applications. The company has also developed proprietary hand-held readers and portal readers that can scan data when an implantee enters a building or room.

Verichip pocket reader


The "cashless society" application is not new – it has been discussed previously by Applied Digital. Today's speech, however, represented the first formal public announcement by the company of such a program.

In announcing VeriPay to ID World delegates, Silverman stated the implant has "enormous marketplace potential" and invited banking and credit companies to partner with VeriChip Corporation (a subsidiary of ADS) in developing specific commercial applications beginning with pilot programs and market tests.

Applied Digital's announcement in Paris suggested wireless technologies, RFID development, new software solutions, smart-card applications and subdermal implants might one day merge as the ultimate solution for a world fraught with identity theft, threatened by terrorism, buffeted by cash-strapped governments and law-enforcement agencies looking for easy data-collection, and corporations interested in the marketing bonanza that cutting-edge identification, payment, and location-based technologies can afford.

Verichip


Cashless payment systems are now part of a larger technology development subset: government identification experiments that seek to combine cashless payment applications with national ID information on media (such as a "smart" card), which contain a whole host of government, personal, employment and commercial data and applications on a single, contactless RFID chip.

In some scenarios, government-corporate coalitions are advocating such a chip be used by employees also to access entry to their workplace and the company computer network, reducing the cost outlay of the corporations for individual ID cards.

Malaysia's "MyKad" national ID "smart" card is the foremost example.

Meanwhile, privacy advocates have expressed concern over RFID technology rollouts, citing database concerns and the specter of individuals' RFID chips being read without permission by people who have their own hand-held readers.

Several privacy and civil liberties groups have recently called for a voluntary moratorium on RFID tagging "until a formal technology assessment process involving all stakeholders, including consumers, can take place." Signatories to the petition include the American Civil Liberties Union, the Electronic Frontier Foundation, the Electronic Privacy Information Center, Privacy International and the Foundation for Information Policy Research, a British think tank.

Commenting on today's announcement, Richard Smith, a computer industry consultant, referred to what some "netizens" are already calling "chipectomies": "VeriChips can still be stolen. It's just a bit gruesome when to think how the crooks will do these kinds of robberies."

Citing MasterCard's PayPass, Smith pointed out that most of the major credit-card companies are looking at RFID chips to make credit cards quicker, easier, and safer to use.

"The big problem is money," said Smith. "It will take billions of dollars to upgrade the credit-card networks from magstripe readers to RFID readers. During the transition, a credit card is going to need both a magstripe and an RFID chip so that it is universally accepted."

Some industry professionals advocate having citizens pay for combined national ID/cashless pay chips, which would be embedded in a chosen medium.

Identification technologies using RFID can take a wide variety of physical forms and show no sign yet of coalescing into a single worldwide standard.

Prior to today's announcement, Art Kranzley, senior vice president at MasterCard, commented on the Pay Pass system in a USA Today interview: "We're certainly looking at designs like key fobs. It could be in a pen or a pair of earrings. Ultimately, it could be embedded in anything – someday, maybe even under the skin."

www.worldnetdaily.com/news/article.asp?ARTICLE_ID=35766

[Mech]

Verichip = 666

Try making ME take one of those things.


Better take the Chip or YOUR with Al Qaida!!!

[AtomHeartMother]

Heck no - I don't (or won't) even have a credit card or checking account. I guess when they take the cash away I'll bartering a lot more.