VeriChip Corporation Reports Year End Hospital and Physician Enrollments for its VeriMed Patient Identification System
January 03 2007 - 10:00AM
PR Newswire (US)
As of year end, 392 hospitals and 1209 Physicians have enrolled in
VeriMed System DELRAY BEACH, Fla., Jan. 3 /PRNewswire-FirstCall/ --
Applied Digital (NASDAQ:ADSX), through its VeriChip Corp.
subsidiary, announced that as of December 31, 2006 VeriChip now has
a total of 1,209 physicians and 392 medical facilities enrolled in
the VeriMed Patient Identification Network. During the six-month
period from July to December 2006, the number of participating
physicians increased from 275 to 1,209, representing a 340 percent
gain. During the same time period, VeriChip recorded a 256 percent
increase in the number of medical facilities that have enrolled in
the VeriMed Network. This figure is up from 110 facilities in July
and includes a gain of 94 hospitals as a result of VeriChip's work
with the National Stroke Association. These totals exceed
previously stated year-end goals of 200 hospitals and 1000
physicians. "2006 was an extremely successful year for VeriChip as
we witnessed a substantial surge in enrollment in the VeriMed
Patient Identification System by hospitals and physicians around
the country. Based on the growth over the past six months, it is
clear that our marketing efforts at numerous leading medical
conferences, coupled with support from several influential
organizations, including Horizon Blue Cross Blue Shield of New
Jersey and the National Stroke Association, have helped to showcase
of the value of the VeriMed system in critical care situations,"
stated Scott R. Silverman, Chairman and CEO of VeriChip Corp.
"During 2007, we will continue to work with leading hospitals and
influential physicians throughout the country and around the world
to integrate the use of VeriMed as standard protocol in the
emergency treatment process." The VeriMed Patient Identification
System, which consists of a handheld radio frequency identification
(RFID) scanner, an implantable RFID microchip and a secure patient
database, is used to help rapidly identify and provide access to
important health information on participating patients who arrive
at an emergency department unconscious, delirious or unable to
communicate. This implantable RFID system is the only system of its
type cleared for use for patient identification and health
information purposes by the United States Food and Drug
Administration. About Applied Digital - "The Power of
Identification Technology" Applied Digital develops innovative
identification and security products for consumer, commercial, and
government sectors worldwide. The Company's unique and often
proprietary products provide identification and security systems
for people, animals, the food supply, government/military arena,
and commercial assets. Included in this diversified product line
are RFID applications, end-to-end food safety systems,
GPS/Satellite communications, and telecomm and security
infrastructure, positioning Applied Digital as the leader in
identification technology. Applied Digital is the owner of a
majority position in Digital Angel Corporation (AMEX:DOC). 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. For more
information on VeriChip, please call 1-800-970-2447, or email .
Additional information can be found online at
http://www.verichipcorp.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. Contact: Investors: Nick Laudico The Ruth Group
646-536-7030 Media: Jason Rando The Ruth Group 646-536-7025
DATASOURCE: Applied Digital; VeriChip Corporation CONTACT:
Investors - Nick Laudico of The Ruth Group, +1-646-536-7030, ; or
Media - Jason Rando of The Ruth Group, +1-646-536-7025,
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