Digital Angel is Second Largest Supplier of RFID Tags for Canada’s Livestock Identification System
Written by Digital Angel
Friday, 29 February 2008
SO. ST. PAUL, Minn.-- Digital Angel (the Company) (NASDAQ:DIGA), an
advanced technology company in the field of identification solutions
for food safety and tracking of high-value assets, announced today that
it is the second largest supplier of radio frequency identification
(RFID) tags for Canadas mandatory cattle identification program.
The Companys products play a key role in identifying diseased cattle before they enter the food supply and tracing other animals that may have been exposed. In January 2005, the Canadian government instituted a mandatory RFID cattle identification program following previous confirmed cases of bovine spongiform encephalopathy (BSE) in Canada. Earlier this week, a six-year-old dairy cow infected with BSE was discovered in Alberta.
Joseph J. Grillo, President and Chief Executive Officer of Digital Angel, said, As one of the largest suppliers of RFID tags and readers in Canada, we are pleased to provide the tools that help make Canadas RFID-based cattle health surveillance system effective. In fact, Canada is seen as a world leader in cattle identification, and we believe its traceback program aided the identification of a cow infected with BSE before it was able to enter the food supply.
About Digital Angel
Digital Angel (www.DigitalAngel.com) is an advanced technology company in the field of identification solutions for food safety and tracking of high-value assets. Digital Angels products are utilized around the world in such applications as pet identification using its patented, FDA-approved implantable microchip; livestock identification and tracking using visual and RFID ear tags; and global positioning systems (GPS) search and rescue beacons for use on aircraft, ships and boats, and by adventure enthusiasts. Digital Angel is the controlling stockholder of VeriChip Corporation (NASDAQ:CHIP).
This press release includes forward-looking statements, including but not limited to statements regarding the Companys business opportunities in Canada, and the ability of the Companys RFID tags to aid in the identification of animal illness. This information is also qualified in its entirety by cautionary statements and risk factor disclosures contained in the Companys Securities and Exchange Commission filings, including the Companys annual report on Form 10-K for the fiscal year ended December 31, 2006 and its quarterly reports. 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.
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