Applied Digital Solutions (NASDAQ:ADSX)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more Applied Digital Solutions Charts. Click Here for more Applied Digital Solutions Charts.](/p.php?pid=staticchart&s=N%5EADSX&p=8&t=15)
In Wednesday Morning Interview, Executive to Outline Potential for
Company's BioThermo (Temperature Sensing) Microchip in Detecting Avian
Flu
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 Kevin N. McGrath, its Chief Executive Officer, is scheduled
to appear on CNBC's Squawk Box on Wednesday, March 15th to discuss the
role that the Company's RFID technology could play in the livestock
tags/national ID program and the BioThermo (Temperature Sensing)
microchip's utility in early detection of elevated temperatures in
poultry. Elevated temperatures in poultry could provide early
indications that the animal is infected with the H5N1 influenza, more
commonly known as the Avian Flu.
The show airs on the national cable channel from 6 a.m. to 9 a.m.
eastern time. Mr. McGrath is currently scheduled to appear during the
6 a.m. to 7 a.m. time period.
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 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, Applied Digital Solutions, Inc. owns 55.4% of the
Company's common stock, 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
assts, 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.